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.

Under Armour Beats Q2 Expectations Despite eCommerce Drop
Under Armour Beats Q2 Expectations Despite eCommerce Drop
August 03, 2021  |  Retail

Under Armour reported on Tuesday (Aug. 3) a better-than-expected 91 percent increase in year-to-year revenue to $1.4 billion for the three-month period ending June 30...

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Clorox Q2 Sales Down 9 Pct As Shipments, Consumer Purchases Slow
Clorox Q2 Sales Down 9 Pct As Shipments, Consumer Purchases Slow
August 03, 2021  |  Retail

The Clorox Company reported a 9 percent overall drop in year-to-year sales for the fourth quarter of fiscal 2021, ending June 30, pointing to slow...

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Mastercard Moves To Eliminate ‘Fiat Burden’ And Compliance Worries From Crypto Cards
Mastercard Moves To Eliminate ‘Fiat Burden’ And Compliance Worries From Crypto Cards
August 03, 2021  |  Payment Methods

To get crypto cards into the hands of the masses, to get them spending in commercial and retail use cases … well, the cards have...

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BIS Wary Of Big Tech’s Market Power, Data Concentration In Finance
BIS Wary Of Big Tech’s Market Power, Data Concentration In Finance
August 02, 2021  |  Regulation

A new BIS paper reported that big tech’s power could be a cause for concern. Get the Full Story Complete the form to unlock this...

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Amazon Adds Delivery Fee For Prime Customers Ordering From Whole Foods
Amazon Adds Delivery Fee For Prime Customers Ordering From Whole Foods
August 02, 2021  |  Amazon Delivery

Amazon will be adding a delivery fee for customers on Prime shopping at Whole Foods, which shows the difficulty of the grocery market even for...

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Today In Food: Grocery Hurtles Toward Its Digital Future
Today In Food: Grocery Hurtles Toward Its Digital Future
August 02, 2021  |  Retail

Today in restaurant and grocery news, ridesharing platform Bolt gets hundreds of millions to power its eGrocery expansion as venture capital pours in for grocery...

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MFCs Shift Focus Of Online Grocery To Long-Term Growth
MFCs Shift Focus Of Online Grocery To Long-Term Growth
August 02, 2021  |  Retail

With the entry of dozens of digitally native companies into the online grocery space, and with billions in venture capital to power their expansion, traditional...

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VCs Risk Creating eGrocery Bubble
VCs Risk Creating eGrocery Bubble
August 02, 2021  |  Investments

It has been a big month for online grocery, with funding pouring in by the billions for new and existing companies to grow their grocery...

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Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions
Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions
August 02, 2021  |  Retail

The past several weeks have seen one glowing earnings report after another for retailers and eCommerce companies. In toys, Mattel and Hasbro both saw strong...

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