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.

Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
March 03, 2021  |  Retail

In today’s top retail news, Ross Stores, Inc. said its fourth-quarter sales exceeded forecasts but the pandemic proved to be a hurdle for traffic, while...

READ MORE >
Contextual Commerce Expands Beyond Social Media
Contextual Commerce Expands Beyond Social Media
March 03, 2021  |  Retail

The contextual commerce wave has been building for quite some time. In 2018 — a full two years before the words “global pandemic” became a...

READ MORE >
Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could Face Recession
Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could...
March 03, 2021  |  News

In today’s top payments news around the world, Payments Canada will work with Interac Corp. to function as the exchange service provider for the country’s...

READ MORE >
Target Expands Grocery Pickup Options As Food Spend Increases
Target Expands Grocery Pickup Options As Food Spend Increases
March 03, 2021  |  Retail

Target began rolling out grocery pickup and drive-up across the United States over the summer in an effort to compete with the low-contact options offered...

READ MORE >
Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
March 03, 2021  |  Retail

Luxury retailer Nordstrom said it posted a 20 percent decrease in fourth-quarter sales and an 82 percent decline in earnings as higher than expected merchandise...

READ MORE >
Vestiaire Collective Wraps Up $215 Million Financing Round
Vestiaire Collective Wraps Up $215 Million Financing Round
March 03, 2021  |  Retail

French pre-owned fashion platform Vestiaire Collective completed a 178 million euro (approximately $215 million) financing round. American investment firm Tiger Global Management and French luxury...

READ MORE >
Amazon Opens For Business In Poland
Amazon Opens For Business In Poland
March 03, 2021  |  Amazon

Amazon has debuted its new Polish website as of Tuesday morning (March 2), but that won’t come without competition in the country’s eCommerce boom, Reuters...

READ MORE >
IGA CEO: As Restaurants Reopen, Grocers Have To Earn The Consumer’s Business
IGA CEO: As Restaurants Reopen, Grocers Have To Earn The Consumer’s Business
March 03, 2021  |  Retail

As consumers turn to digital platforms to fulfill more and more of their basic needs, smaller, more traditional businesses are forced to adjust their operations...

READ MORE >
MercadoLibre Earnings Show Power Of ‘Digital Front Door’ For Developing Regions
MercadoLibre Earnings Show Power Of ‘Digital Front Door’ For Developing Regions
March 02, 2021  |  eCommerce

Latin American (LATAM) eCommerce marketplace operator and payments platform MercadoLibre released stellar Q4 2020 financials this week, underscoring the sizzle and scale of online marketplaces...

READ MORE >