Commerce

Commerce or e-commerce, or electronic commerce, and how it has impacted the traditional methods of buying and selling goods.

(source: searchcio.techtarget.com)

Thrasio’s Bankruptcy Spotlights Aggregators’ Decline as Ecosystems Take Shape
Thrasio’s Bankruptcy Spotlights Aggregators’ Decline as Ecosystems Take Shape
February 28, 2024  |  Aggregators

It was a highly successful business model, at least for a while. But the recent filing of Thrasio Holdings for Chapter 11 this week points...

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Data Shows January US Sales Sink but BNPL Can Boost Consumer Demand
Data Shows January US Sales Sink but BNPL Can Boost Consumer Demand
February 22, 2024  |  Personal Finance

According to the U.S. Commerce Department, retail sales dropped in January by a seasonally adjusted 0.8%.  Conventional wisdom suggests a post-holiday season decline in sales would...

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Cart.com Launches Order Management Software for Merchants
Cart.com Launches Order Management Software for Merchants
February 21, 2024  |  eCommerce

Cart.com now offers its order management software solution as a standalone product. The Constellation Order Management System (OMS) allows merchants to unify orders and inventory across multiple channels,...

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Retailers Expand Private-Label Push as Shoppers Continue to Trade Down
Retailers Expand Private-Label Push as Shoppers Continue to Trade Down
February 14, 2024  |  Retail

Retailers such as Target, Macy’s and Walgreens are taking a harder look at their private-label offerings, as PYMNTS Intelligence research shows that ongoing financial pressures...

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Spending on Sporting Goods Drops, Both Online and In-Store
Spending on Sporting Goods Drops, Both Online and In-Store
February 12, 2024  |  Retail

Consumers reported spent 7.7% less on sporting goods in January than they did in the same month a year earlier. Online spending at sporting goods...

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Walmart Counters Amazon’s eCommerce Lead With Omnichannel Tech
Walmart Counters Amazon’s eCommerce Lead With Omnichannel Tech
February 02, 2024  |  Retail

As Walmart looks to shrink Amazon’s growing lead in consumer retail spending, the mega-retailer is turning to new technologies to merge the digital and physical...

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GenAI Levels the Payments Tech Playing Field for Small Businesses
GenAI Levels the Payments Tech Playing Field for Small Businesses
January 29, 2024  |  Artificial Intelligence

Artificial intelligence (AI) has been around for a while and has already made inroads in financial services, helping to automate back-office functions, and helping customers...

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Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
January 25, 2024  |  Retail

Footwear brand Puma is cautioning that external challenges are expected to persist throughout 2024.  “For 2024, we foresee the geopolitical and macroeconomic challenges as well...

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Richemont’s Sales Soar on Strong Demand in China and Japan
Richemont’s Sales Soar on Strong Demand in China and Japan
January 19, 2024  |  Retail

Inflation-pressured consumers tend to cut back on their luxury purchases.  At least, that’s what PYMNTS Intelligence data has found. However, the demand for Richemont’s jewelry...

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