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.

eCommerce’s Trillion-Dollar Year Is (Easily) In Sight 
eCommerce’s Trillion-Dollar Year Is (Easily) In Sight 
March 16, 2021  |  eCommerce

A trillion dollars is a lot of money, by any stretch of the imagination. Now it’s a bit of a benchmark, perhaps a psychological one....

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eCommerce Fulfillment Tech Firm Flowspace Notches $31 Million
eCommerce Fulfillment Tech Firm Flowspace Notches $31 Million
March 16, 2021  |  Retail

Fulfillment technology platform Flowspace landed $31 million in new funding. BuildGroup headed up the Series B investment, with current investors also participating, according to a...

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DICK’S Sporting Goods Introduces VRST Clothing Brand
DICK’S Sporting Goods Introduces VRST Clothing Brand
March 16, 2021  |  Retail

DICK’S Sporting Goods has rolled out its VRST athletic clothing brand, which is developed for the “modern active man who lives life on the go,”...

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Deep Dive: How BNPL Solutions Are Answering Gen Z’s And Millennials’ Financial Needs
Deep Dive: How BNPL Solutions Are Answering Gen Z’s And Millennials’ Financial Needs
March 16, 2021  |  Buy Now Pay Later

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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Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
March 16, 2021  |  eCommerce

There are a lot of things U.S. consumers associate with the car buying experience. Get the Full Story Complete the form to unlock this article...

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Good Eggs’ Grocery Delivery Expands the Concept of Local Eating
Good Eggs’ Grocery Delivery Expands the Concept of Local Eating
March 16, 2021  |  Retail

In the last year, American consumers’ adoption of online grocery solutions has rapidly accelerated. PYMNTS research found that, by December, 23 percent of U.S. grocery...

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With Pandemic Boost, eCommerce On Track To Hit $1 Trillion By 2022
With Pandemic Boost, eCommerce On Track To Hit $1 Trillion By 2022
March 15, 2021  |  eCommerce

With the pandemic having dramatically shifted the way U.S. citizens shop, eCommerce is expected to have its first $1 trillion year in revenue by 2022,...

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Global Apparel Giant H&M Says Sales Snap Back As 80 Pct Of Stores Have Reopened
Global Apparel Giant H&M Says Sales Snap Back As 80 Pct Of Stores Have Reopened
March 15, 2021  |  Retail

Swedish fashion retailer H&M said Monday (March 15) that 80 percent of its 5,000 global stores had currently reopened from COVID-related closures, marking a continued...

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Transitions In Retail, eCommerce And Payment Preferences
Transitions In Retail, eCommerce And Payment Preferences
March 15, 2021  |  Today In Data

Ulta Beauty’s chief executive plans to conclude her tenure after leading the beauty and cosmetics retail chain through the growth of its store count and sales....

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