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.

Stitch Fix Reports Q2 Loss Due To Higher Costs, Slower New Customer Growth
Stitch Fix Reports Q2 Loss Due To Higher Costs, Slower New Customer Growth
March 09, 2021  |  Retail

Online personal styling service Stitch Fix said it swung to a $21 million loss last quarter due to increased shipping costs, higher inventory reserves and...

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Q4 Retail Roundup: Digital Sales Growth Slows, Stores Play Critical Role
Q4 Retail Roundup: Digital Sales Growth Slows, Stores Play Critical Role
March 09, 2021  |  Retail

Following a quarter — and year — in which digital retail sales and alternative order fulfillment options like curbside pickup and BOPIS (buy online, pick...

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After Record Quarter And Year, DICK’S Sporting Goods Sees Return To Normal In 2021
After Record Quarter And Year, DICK’S Sporting Goods Sees Return To Normal In 2021
March 09, 2021  |  News

After closing the books on a record quarter and an unprecedented but uneven year, DICK’S Sporting Goods said on Tuesday (March 9) that forecasting 2021 was...

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Target To Roll Out ‘Favorite Day’ Food And Beverage Brand
Target To Roll Out ‘Favorite Day’ Food And Beverage Brand
March 09, 2021  |  Retail

In a time when consumers are seeking small ways to escape from a stressful environment, Target is rolling out a grocery brand geared toward indulging...

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Rare Carat Uses AI to Polish Off Credit Card Fraud
Rare Carat Uses AI to Polish Off Credit Card Fraud
March 09, 2021  |  Fraud Prevention

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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Global Blue Acquires ZigZag To Add Returns To Tax-Free Shopping Solution
Global Blue Acquires ZigZag To Add Returns To Tax-Free Shopping Solution
March 08, 2021  |  Partnerships / Acquisitions

Tax-free shopping company Global Blue has acquired software-as-a-service firm ZigZag Global to expand its services to include a global eCommerce returns management program. Get the...

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How Grocers Are Using Contextual Commerce To Engage Consumers Across Platforms
How Grocers Are Using Contextual Commerce To Engage Consumers Across Platforms
March 08, 2021  |  Retail

As the past year accelerated the digital shift, with consumers spending more and more of their time online, growing increasingly accustomed to seamless digital experiences,...

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Chewy Founder Tapped To Lead GameStop’s eCommerce Transformation
Chewy Founder Tapped To Lead GameStop’s eCommerce Transformation
March 08, 2021  |  Personnel

Video game provider GameStop Corp. said on Monday (March 8) in a press release that Chewy Founder Ryan Cohen leads a committee that aims to “accelerate...

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Today In Payments: Credit Card Debt Fell $1.3 Billion In January; Robinhood IPO Headed For Nasdaq
Today In Payments: Credit Card Debt Fell $1.3 Billion In January; Robinhood IPO Headed For...
March 08, 2021  |  News

In today’s top news, U.S. credit card debt fell to its lowest level since 2017, and Robinhood plans to go public on Nasdaq. Plus, Instacart...

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