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.

Build-A-Bear Workshop Reports 104 Pct Surge In eCommerce Demand
Build-A-Bear Workshop Reports 104 Pct Surge In eCommerce Demand
March 10, 2021  |  Retail

Build-A-Bear Workshop, Inc. reported as part of its financial results that consolidated eCommerce demand surged by 104 percent in the fourth quarter of 2020 compared...

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Walmart Leans Into TikTok Instead Of Buying It 
Walmart Leans Into TikTok Instead Of Buying It 
March 10, 2021  |  Retail

As the old saying goes, “why buy the cow, if you can get the milk for free?” In Bentonville, Arkansas, it’s applicable to Walmart these...

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Express Inc.’s Comp Sales Fall 27 Pct Amid Pandemic
Express Inc.’s Comp Sales Fall 27 Pct Amid Pandemic
March 10, 2021  |  Retail

Express, Inc., which runs more than 500 retail and factory outlet stores in the U.S. and Puerto Rico, reported as part of its financial results...

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Rare Carat On Why Overreliance On AI And ML Is Insufficient Against eCommerce Fraud
Rare Carat On Why Overreliance On AI And ML Is Insufficient Against eCommerce Fraud
March 10, 2021  |  Fraud Prevention

Credit card fraud accounts for more than $27 billion in annual losses, posing an especially grave threat to merchants selling high-value items like diamond rings....

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Walmart Announces Second Live Shopping Event With TikTok
Walmart Announces Second Live Shopping Event With TikTok
March 09, 2021  |  Social Commerce

Walmart is ringing in the spring by bringing a new social shopping event to its customers. On Tuesday (March 9), Walmart announced its second livestream...

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South Korean eCommerce Site Coupang Aims For $58 Billion Valuation
South Korean eCommerce Site Coupang Aims For $58 Billion Valuation
March 09, 2021  |  IPO

Korean eCommerce platform Coupang is looking to up its initial public offering (IPO) price, hoping to hit a valuation of $58 billion, Reuters reported on Tuesday...

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Brex Instant Payouts Now Live For Shopify Sellers
Brex Instant Payouts Now Live For Shopify Sellers
March 09, 2021  |  Faster Payments

Financial services firm Brex has expanded its instant payouts feature to sellers on Shopify, according to an announcement emailed to PYMNTS. Get the Full Story...

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Loyalty Up For Grabs Per New PYMNTS Provider Ranking Of Shopping Apps
Loyalty Up For Grabs Per New PYMNTS Provider Ranking Of Shopping Apps
March 09, 2021  |  Mobile Applications

Gone shopping lately? It’s a trick question now, with the act of shopping being so radically redefined. Nowhere is this more evident than PYMNTS Provider...

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Today In Retail: CarParts.com Registers 90 Pct Rise In Sales; Target To Debut ‘Favorite Day’ Brand
Today In Retail: CarParts.com Registers 90 Pct Rise In Sales; Target To Debut ‘Favorite Day’...
March 09, 2021  |  Retail

In today’s top retail news, CarParts.com, Inc. reported a surge in sales in the fourth quarter of 2020, while Target is debuting a new food...

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