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.

Grocery Roundup: Ocado Sees First-Ever Sales Decline; Food Industry Celebrates SNAP EBT Increase
Grocery Roundup: Ocado Sees First-Ever Sales Decline; Food Industry Celebrates SNAP EBT Increase
August 19, 2021  |  Retail

For the first time in its history, United Kingdom-based eGrocery company Ocado is seeing sales fall. Sales dropped 0.7 percent year over year for the...

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New Luxury Brands See Opportunities To Expand Post-Pandemic
New Luxury Brands See Opportunities To Expand Post-Pandemic
August 19, 2021  |  Retail

As the pandemic begins to fade, luxury brands are trying to get back on the horse after COVID-19 caused sales to plummet. But rising prices...

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Klarna Might Consider IPO As Soon As Next Year
Klarna Might Consider IPO As Soon As Next Year
August 18, 2021  |  Platform Payments

Swedish short-term loan FinTech platform Klarna Bank AB isn’t working on an initial public offering but might consider one in 2022 at the earliest, CEO...

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Amazon Warns Sellers About Congressional Antitrust Push
Amazon Warns Sellers About Congressional Antitrust Push
August 18, 2021  |  Amazon

Amazon is reportedly warning third-party retailers on its site that potential antitrust rules in Congress could harm them, per reports from Wednesday (August 18). Get...

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ACI Says Retailers Sitting On ‘Goldmine Of Data’ About Consumer Preferences
ACI Says Retailers Sitting On ‘Goldmine Of Data’ About Consumer Preferences
August 18, 2021  |  Consumer Insights

The past 18 months have led to a whirlwind of change in nearly every facet of life, but as the dust settles, consumers are adjusting...

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Ozon Wants Giant Slice Of Russian eCommerce Pie
Ozon Wants Giant Slice Of Russian eCommerce Pie
August 18, 2021  |  Retail

Russian online retailer, Ozon Holding Plc, wants to have at least one-third of the country’s eCommerce market by 2026 through a tenfold increase in sales...

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Today in Food Tech: Walmart Talks Grocery Inflation; NCR Donates To Restaurant Recovery; Krispy Kreme Turns Toward Ecommerce
Today in Food Tech: Walmart Talks Grocery Inflation; NCR Donates To Restaurant Recovery; Krispy Kreme...
August 17, 2021  |  Retail

Today in restaurant and grocery tech news, NCR Corporation supports minority-owned restaurants in Atlanta, while an iconic Massachusetts family-owned restaurant will soon close its doors....

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After Strong Post-IPO Sales, Krispy Kreme Taps Insomnia For eCommerce Growth
After Strong Post-IPO Sales, Krispy Kreme Taps Insomnia For eCommerce Growth
August 17, 2021  |  Earnings

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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52 Pct Of Consumers Made Retail Purchases Using Aggregators In 2020
52 Pct Of Consumers Made Retail Purchases Using Aggregators In 2020
August 17, 2021  |  Retail

Home is where the heart is – and increasingly, where the stuff is, brought to your doorstep by Uber drivers, folks on bikes, Amazon vans...

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