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.

Office Depot Parent Buys BuyerQuest To Bolster B2B Strategy
Office Depot Parent Buys BuyerQuest To Bolster B2B Strategy
February 21, 2021  |  B2B Payments

The ODP Corporation, the corporate parent of Office Depot and OfficeMax, has acquired BuyerQuest Holdings, which operates in the procure-to-pay space, the companies announced in...

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eCommerce Surge Bolsters Blue-Collar Jobs
eCommerce Surge Bolsters Blue-Collar Jobs
February 21, 2021  |  Economy

Blue-collar workers for the most part are faring better than white-collar workers during the pandemic-induced recession, something of a flip compared to other recent economic...

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Q4 2020 eCommerce Sales Rose 32 Pct Over 2019
Q4 2020 eCommerce Sales Rose 32 Pct Over 2019
February 19, 2021  |  Economy

Fourth-quarter eCommerce sales in 2020 topped out at almost $207 billion, a 1.2 percent drop from the third quarter, but up 32.1 percent compared to...

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ReverseLogix Secures $20 Million To Ease The Pain Of Returns For eRetailers
ReverseLogix Secures $20 Million To Ease The Pain Of Returns For eRetailers
February 19, 2021  |  Retail

The last mile can often be the most taxing — and in logistics, customers’ expectations continue to intensify when it comes to shipping and delivery....

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Today In Retail: Abound Lands $22.9 Million In Series A; Kirkland’s Projects 1.8 Pct Comp Sales Increase
Today In Retail: Abound Lands $22.9 Million In Series A; Kirkland’s Projects 1.8 Pct Comp...
February 19, 2021  |  News

In today’s top retail news, Abound landed nearly $23 million in a Series A funding round, while Kirkland’s, Inc. anticipates a comparable sales rise of...

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Selz, Credit Unions, Crypto Exchanges Top This Week’s News
Selz, Credit Unions, Crypto Exchanges Top This Week’s News
February 19, 2021  |  The Weekender

In this week’s news, we saw Amazon snapping up Selz in addition to new insight on crypto exchanges and credit unions (CUs). The Weekender is...

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Whole Paycheck: Walmart Says It’s Winning Omnichannel Fight Against Amazon
Whole Paycheck: Walmart Says It’s Winning Omnichannel Fight Against Amazon
February 19, 2021  |  Walmart Amazon whole paycheck

No company wants to be given a $20 billion haircut in the markets, but that’s exactly what happened to Walmart on Thursday (Feb. 18), as...

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Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
February 19, 2021  |  Retail

Strong Asian demand for leather bags, wallets and even $900 sneakers saw the French luxury design house and retailer Hermès post a 12.3 percent increase...

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Home Décor Retailer Kirkland’s Anticipates 1.8 Pct Comp Sales Rise
Home Décor Retailer Kirkland’s Anticipates 1.8 Pct Comp Sales Rise
February 19, 2021  |  Retail

Home décor specialty retailer Kirkland’s, Inc. reported as part of its preliminary Q4 results on Friday (Feb. 19) that it anticipates a comparable sales rise...

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