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.

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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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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