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.

Grocers Push for Direct Fulfillment Amid Industry’s Digitization
Grocers Push for Direct Fulfillment Amid Industry’s Digitization
October 05, 2023  |  eCommerce

This week in grocery news, Ahold Delhaize USA grocers adopt new direct ordering apps, Ocado reportedly doubles down on automation, and online discount grocer Martie...

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Third-Party Sellers Talk Shop as Amazon and Walmart Put Marketplaces in Spotlight
Third-Party Sellers Talk Shop as Amazon and Walmart Put Marketplaces in Spotlight
October 05, 2023  |  Retail

In today’s hyper-competitive business landscape, small- to medium-sized businesses (SMBs) face challenges in standing out and reaching consumers. Get the Full Story Complete the form...

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Clearco Secures $60 Million in Funding to Support eCommerce Businesses
Clearco Secures $60 Million in Funding to Support eCommerce Businesses
October 04, 2023  |  Investments

Toronto-based FinTech company Clearco has secured $60 million in a Series D funding round, as part of a recapitalization effort. Get the Full Story Complete the form...

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Wellful CEO Says Jenny Craig Can Reach Wider Audience as D2C Brand
Wellful CEO Says Jenny Craig Can Reach Wider Audience as D2C Brand
October 04, 2023  |  eCommerce

Rebooted as a direct-to-consumer (D2C) brand, Jenny Craig will now benefit from the widespread expansion of its audience beyond just the locations it can service...

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Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
October 04, 2023  |  eCommerce

The continued buildout of Nike’s digital channels and direct-to-consumer (D2C) sales, as well as the brand’s inextricable ties to an ecosystem, are helping buck pressures...

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Oddity’s AI-Powered Product Development Spurs Repeat Purchases
Oddity’s AI-Powered Product Development Spurs Repeat Purchases
October 04, 2023  |  Retail

On Monday (Oct 2), Oddity Tech reported third-quarter results that showed revenue growth of 29% to 31% and attributed this to repeat sales in its...

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Squarespace Adds Payments to Serve the Needs of ‘Long Tail’ eCommerce Sellers
Squarespace Adds Payments to Serve the Needs of ‘Long Tail’ eCommerce Sellers
October 04, 2023  |  eCommerce

Dan Chandre, Squarespace vice president, head of Acuity and payments, told Karen Webster that a key to connecting merchants with his firm’s platform lies with...

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Is Sustainability Truly Sustainable for Retailers? 
Is Sustainability Truly Sustainable for Retailers? 
October 04, 2023  |  Retail

Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific...

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Report: Amazon Accused of Using Secret Algorithm to Raise Prices
Report: Amazon Accused of Using Secret Algorithm to Raise Prices
October 03, 2023  |  Amazon

The Federal Trade Commission (FTC) has reportedly alleged that Amazon used a secret algorithm code-named “Project Nessie” to test the limits of price increases while ensuring competitors would...

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