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.
Wellful CEO Says Jenny Craig Can Reach Wider Audience as D2C Brand
Wellful CEO Says Jenny Craig Can Reach Wider Audience as D2C Brand
October 04, 2023  |  eCommerce

Rebooted as a direct-to-consumer (D2C) brand, Jenny Craig will now benefit from the widespread expansion of its audience beyond just the locations it can service...

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Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
October 04, 2023  |  eCommerce

The continued buildout of Nike’s digital channels and direct-to-consumer (D2C) sales, as well as the brand’s inextricable ties to an ecosystem, are helping buck pressures...

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Oddity’s AI-Powered Product Development Spurs Repeat Purchases
Oddity’s AI-Powered Product Development Spurs Repeat Purchases
October 04, 2023  |  Retail

On Monday (Oct 2), Oddity Tech reported third-quarter results that showed revenue growth of 29% to 31% and attributed this to repeat sales in its...

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Squarespace Adds Payments to Serve the Needs of ‘Long Tail’ eCommerce Sellers
Squarespace Adds Payments to Serve the Needs of ‘Long Tail’ eCommerce Sellers
October 04, 2023  |  eCommerce

Dan Chandre, Squarespace vice president, head of Acuity and payments, told Karen Webster that a key to connecting merchants with his firm’s platform lies with...

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Is Sustainability Truly Sustainable for Retailers? 
Is Sustainability Truly Sustainable for Retailers? 
October 04, 2023  |  Retail

Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific...

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Report: Amazon Accused of Using Secret Algorithm to Raise Prices
Report: Amazon Accused of Using Secret Algorithm to Raise Prices
October 03, 2023  |  Amazon

The Federal Trade Commission (FTC) has reportedly alleged that Amazon used a secret algorithm code-named “Project Nessie” to test the limits of price increases while ensuring competitors would...

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Krispy Kreme May Put Insomnia Cookies to Bed as Restaurants Cut Costs
Krispy Kreme May Put Insomnia Cookies to Bed as Restaurants Cut Costs
October 03, 2023  |  Retail

As restaurants grapple with cost challenges, Krispy Kreme is putting its Insomnia Cookies subsidiary up for sale. On Tuesday (Oct. 3), the donut chain announced that it...

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Bringg Adds Delivery Management Platform to Google Cloud Marketplace
Bringg Adds Delivery Management Platform to Google Cloud Marketplace
October 03, 2023  |  Retail

Bringg has launched its Delivery Management Platform on Google Cloud Marketplace to help retailers and eCommerce enterprises optimize their last-mile delivery process. By deploying Bringg’s solution portfolio, companies...

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Boohoo Group’s Shares Drop as Fast-Fashion Retail Industry Faces Challenges
Boohoo Group’s Shares Drop as Fast-Fashion Retail Industry Faces Challenges
October 03, 2023  |  Retail

Boohoo Group saw its shares fall Tuesday (Oct. 3) as it revised its earnings and revenue forecasts. The U.K.-based fast-fashion retailer’s strategy of lowering prices to...

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