Amazon CEO Jeff Bezos will testify before a U.S. House of Representatives subcommittee on Wednesday (July 29) that his eCommerce company comprises just a small portion of the retail market domestically and worldwide, where there is plenty of room for competition. Get the Full Story...
Americans seem to be holding onto their cars for longer periods of time. Research from IHS Markit shows that the average age of “light vehicles” in operation in the U.S. has risen to 11.9 years. Get the Full Story Complete the form to unlock this article...
Delivery Hero reported on Tuesday (July 28) that orders had almost doubled to 281 million in Q2. The logistics platform said its order growth is back on pace following a decline in orders between March to May because of the pandemic and that the company...
The transition to digital car buying has been in motion since the beginning of the pandemic. Now one of the industry pioneers is predicting the shift will be permanent. Cars.com released data and analysis this week that it says shows the pandemic will change car...
As senior vice president of marketing for retail technology platform Bluecore, one of the best parts of Sherene Hilal’s job was gathering key retailers once a year to download what they needed and then figuring out how her company could help. The annual event was...
As it looks to increase its digital business in the three years to come, Moncler plans to take internal control over its online shopping channel. The Italian luxury brand said its direct management of online commerce will commence in Canada and the United States in...
Men’s Wearhouse owner Tailored Brands might seek bankruptcy in the third quarter of its fiscal year, according to a 10-Q regulatory filing with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
COVID-19 didn’t create the idea of selling direct to consumer, but the outbreak has massively expanded consumer interest in the idea across virtually all commerce verticals, sticky.io Chief Operating Officer Ro Bhatia told PYMNTS in a recent conversation. He said DTC is looking less and...
Pizza sales – and pizza-chain hiring – are both going through the roof during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
