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.

Target: Consumers’ Splurges on Experiences Cut Into Discretionary Retail Budgets

Target: Consumers’ Splurges on Experiences Cut Into Discretionary Retail Budgets
Target: Consumers’ Splurges on Experiences Cut Into Discretionary Retail Budgets
May 22, 2024  |  Earnings

As consumers look to balance their desire to treat themselves with ongoing economic concerns, Target is seeing shoppers’ shift to discretionary spending on experiences negatively impact their budgets for nonessential...

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eBay and Rakuten Bet Resale Shoppers Will Flock to Japanese Fashion
eBay and Rakuten Bet Resale Shoppers Will Flock to Japanese Fashion
May 22, 2024  |  Retail

As consumers look for more affordable ways to get unique and/or high-quality apparel, eBay and Rakuten are testing to see if U.S. consumers will jump at the chance to buy secondhand Japanese fashion....

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Google Pay Expands BNPL and Says Goodbye to the CVV With Biometrics 
Google Pay Expands BNPL and Says Goodbye to the CVV With Biometrics 
May 22, 2024  |  Google

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Google Introduces AI Tools for Generating Product Images, Videos
Google Introduces AI Tools for Generating Product Images, Videos
May 21, 2024  |  Google

Google has announced a range of new artificial intelligence (AI) tools for retailers, including some that help them generate product images and videos. Get the Full...

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Unlocking ‘Self-Driving Money’ With Smarter Card Reward Management
Unlocking ‘Self-Driving Money’ With Smarter Card Reward Management
May 21, 2024  |  Credit Cards

Most credit cards — more than 80% — offer rewards to their users. Get the Full Story Complete the form to unlock this article and...

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Bolt CEO Says Shopper Identity Will Redefine Retail
Bolt CEO Says Shopper Identity Will Redefine Retail
May 21, 2024  |  eCommerce

It was former GE chairman and management guru Jack Welch who once said: “You can’t grow long-term if you can’t eat short-term. Anybody can manage...

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OpenAI, Google Double Down on Visuals With Multimodal AI
OpenAI, Google Double Down on Visuals With Multimodal AI
May 20, 2024  |  Artificial Intelligence

In the cutthroat world of artificial intelligence, tech behemoths are betting big on a new frontier: multimodal AI. Get the Full Story Complete the form...

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Publishers Integrate Commerce as Consumers Demand Shopping Wherever, Whenever
Publishers Integrate Commerce as Consumers Demand Shopping Wherever, Whenever
May 20, 2024  |  eCommerce

Consumers increasingly expect to be able to make purchases at the point of discovery, and publishers and retailers are adapting accordingly. Get the Full Story Complete...

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Department Stores Aim to Attract Gen Z and Millennials
Department Stores Aim to Attract Gen Z and Millennials
May 20, 2024  |  Retail

Macy’s, Kohl’s, Nordstrom and other department stores are reportedly facing a pressing challenge in attracting younger customers. Get the Full Story Complete the form to unlock this article...

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