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.

Big Lots Promises Quick Rebound After Lackluster Q4

Big Lots Promises Quick Rebound After Lackluster Q4
Big Lots Promises Quick Rebound After Lackluster Q4
March 03, 2022  |  Retail

Although discount retailer Big Lots saw a slight drop in its quarterly net sales in the last three months of fiscal 2021 compared to 2020...

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Mobile B2B Payments Combine Consumer-Grade CX With Industrial-Strength Security
Mobile B2B Payments Combine Consumer-Grade CX With Industrial-Strength Security
March 03, 2022  |  B2B Payments

When eCommerce accelerated during the pandemic, merchants suddenly found they were acquiring more and more customers online — and they didn’t know them as well...

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Amazon to Shutter Physical Bookstores, Focus on Grocery Opportunities
Amazon to Shutter Physical Bookstores, Focus on Grocery Opportunities
March 02, 2022  |  Amazon

Amazon will be closing its physical bookstores, including “Amazon 4-Star” locations and mall pop-up locations, narrowing its brick-and-mortar locations to focus on groceries, Bloomberg wrote...

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First-Party Fulfillment Enables Positive Unit Economics for eGrocer
First-Party Fulfillment Enables Positive Unit Economics for eGrocer
March 02, 2022  |  eCommerce

When it comes to online grocery, consumers have a wide range of options. They can order digitally from most leading brick-and-mortar grocers, order from a...

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Today in Retail: Dollar Tree Breaking the Buck Even Further; Walmart Debuts Virtual Try-On Tool
Today in Retail: Dollar Tree Breaking the Buck Even Further; Walmart Debuts Virtual Try-On Tool
March 02, 2022  |  Retail

Today in retail, Abercrombie & Fitch go increasingly digital, while Nordstrom’s digital and Rack unit gave it a successful Q4 earnings report. Plus, Urban Outfitters...

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As eBay and Rakuten Focus on NFTs, eCommerce Takes Aim at Crypto Marketplaces
As eBay and Rakuten Focus on NFTs, eCommerce Takes Aim at Crypto Marketplaces
March 02, 2022  |  NFTs

While teasing the possibility of eBay accepting bitcoin, eBay CEO Jamie Iannone this week pointed to the growth of non-fungible token (NFT) sales on the...

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LatAm Logistics Firm 99minutos Raises $82M
LatAm Logistics Firm 99minutos Raises $82M
March 02, 2022  |  Investments

Mexican eCommerce logistics company 99minutos has raised $82 million in a Series C funding round, the company said in a news release Wednesday (March 2)....

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Supply Chain Headwinds Continue to Pressure Online Car Marketplaces
Supply Chain Headwinds Continue to Pressure Online Car Marketplaces
March 02, 2022  |  Earnings

When the chips are down, or at least in short supply, the connected economy suffers, at least a bit. Get the Full Story Complete the...

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Digital Sales a Big Part of Abercrombie & Fitch’s Q4 Story
Digital Sales a Big Part of Abercrombie & Fitch’s Q4 Story
March 02, 2022  |  Earnings

Abercrombie & Fitch has made a successful transition to an omnichannel retailer, largely out of necessity because of the pandemic and its effect on the...

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