ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

Rent the Runway Focuses on Subscription Expansion With New Tier
Rent the Runway Focuses on Subscription Expansion With New Tier
December 09, 2024  |  Subscription Commerce

After focusing on cost-cutting and margin improvement from 2020 to 2023, Rent the Runway is now back in “growth mode,” according to CEO Jennifer Hyman. As...

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Macy’s Investor: Company’s Real Estate Surpasses Its Market Value
Macy’s Investor: Company’s Real Estate Surpasses Its Market Value
December 09, 2024  |  Real Estate

An activist investor is reportedly pushing Macy’s to focus more on its real estate. Barington Capital wants the department store chain to create a separate...

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TikTok Shop Holiday Spending Jumps Despite Ban Threat
TikTok Shop Holiday Spending Jumps Despite Ban Threat
December 08, 2024  |  Social Commerce

If this is TikTok’s last Christmas in America, it’s not going out quietly. The social media platform’s shopping arm, TikTok Shop, has seen heavy levels...

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Tech Takes the Reins: Digital Innovation Drives Holiday Cheer for Shoppers
Tech Takes the Reins: Digital Innovation Drives Holiday Cheer for Shoppers
December 07, 2024  |  Retail

The holiday shopping season has long been the crown jewel of the retail calendar. But as consumer habits evolve, so too do the tools retailers...

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This Week in AI: AI Opens Door for Retailers to Gather Insights and Drive Spending
This Week in AI: AI Opens Door for Retailers to Gather Insights and Drive Spending
December 06, 2024  |  artificial intelligence

New research shows artificial intelligence (AI) can now navigate computer interfaces through voice commands to handle eCommerce transactions, even as most U.S. consumers don’t realize...

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AI Visual Search Apps Target Social Media Style of ‘See-Now-Buy-Now’
AI Visual Search Apps Target Social Media Style of ‘See-Now-Buy-Now’
December 06, 2024  |  Retail

Tech firms are escalating their push to turn every outfit spotted on social media into an instant shopping opportunity, with startup Aesthetic launching the latest...

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Petco and Chewy Lean Into Healthcare and Loyalty Program Upgrades
Petco and Chewy Lean Into Healthcare and Loyalty Program Upgrades
December 06, 2024  |  Earnings

Elevating product offerings, customer engagement and operational efficiency to drive long-term growth in the competitive pet care market were common themes for pet health and...

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Walmart’s Gains in Premium Market Shake Up Holiday Sales
Walmart’s Gains in Premium Market Shake Up Holiday Sales
December 06, 2024  |  Retail

Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported...

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 Kroger’s Digital Engagement Strategy Drives Growth Amid Sluggish Sales
 Kroger’s Digital Engagement Strategy Drives Growth Amid Sluggish Sales
December 05, 2024  |  Earnings

Despite Kroger’s third-quarter results taking a slight a dip, digital growth is still making a splash. Kroger’s digital transformation continues to show promising results as...

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