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.
Ulta Rings up Beauty Value for Shoppers
Ulta Rings up Beauty Value for Shoppers
December 01, 2023  |  Retail

Ulta Beauty is delivering bargains and luring customers. During an earnings call with investors Thursday (Nov. 30), CEO Dave Kimbell shared that the retailer experienced...

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Amazon Amps Up AI Efforts, While Walmart Takes a Shoppable Blockbuster Approach
Amazon Amps Up AI Efforts, While Walmart Takes a Shoppable Blockbuster Approach
December 01, 2023  |  Retail

This week, eCommerce giant Amazon rolled out a new slew of artificial intelligence (AI) tools, giving brands and retailers a chance to upgrade their customer experiences without...

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4 in 10 Millennials Rely Mainly on Retail Subscriptions for Everyday Shopping Needs
4 in 10 Millennials Rely Mainly on Retail Subscriptions for Everyday Shopping Needs
November 30, 2023  |  Subscriptions

Online stores are seeing a big boost from retail subscriptions as the convenience and tailored experiences offered by digital retail subscriptions lead to a drop...

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Kroger Takes Short-Term Margin Hit on eCommerce to Drive Long-Term Growth
Kroger Takes Short-Term Margin Hit on eCommerce to Drive Long-Term Growth
November 30, 2023  |  eCommerce

As Kroger continues to drive double-digit digital growth, the grocery giant is accepting a negative impact on profit margins for the time being, betting on...

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Amazon Sells $25 Student Flights as Travel Costs Rise
Amazon Sells $25 Student Flights as Travel Costs Rise
November 30, 2023  |  Travel Payments

Amazon Prime is offering student members $25 flights home for the holidays. The eCommerce giant has teamed with student travel platform StudentUniverse to make that offering on a...

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Retailers Adopt ‘Returnless’ Policies to Cut Costs and Boost Satisfaction
Retailers Adopt ‘Returnless’ Policies to Cut Costs and Boost Satisfaction
November 30, 2023  |  Retail

Retailers are increasingly adopting “keep it” or “returnless” policies for unwanted products. The adoption of these policies is a response to the rising costs associated...

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The Year That Led to Farfetch’s Earnings Call No-Show 
The Year That Led to Farfetch’s Earnings Call No-Show 
November 30, 2023  |  Retail

After a year filled with surprising developments, Farfetch appears to be continuing its trend of unexpected moves. The online luxury retailer revealed this week that...

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More Men Than Women Order Groceries Online
More Men Than Women Order Groceries Online
November 29, 2023  |  eCommerce

In today’s digital-first economy, online shopping has become increasingly popular across various sectors. However, when it comes to online grocery shopping, there is a gender...

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Blackstone Pays $2.3 Billion for Pet Care Brand Rover
Blackstone Pays $2.3 Billion for Pet Care Brand Rover
November 29, 2023  |  Acquisitions

Pet care marketplace Rover is set to be acquired by private equity firm Blackstone for $2.3 billion. “We are thrilled for this next chapter in the Rover story and...

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