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.
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
The Great Connected Consumer Paradox
The Great Connected Consumer Paradox
October 03, 2023  |  Connected Economy

It has been reported that by 2010, cable television in the U.S. had sort of hit its stride. Analysts report that 90% of homes with...

READ MORE >
A Third of Consumers Want to Shop the Show
A Third of Consumers Want to Shop the Show
October 02, 2023  |  Connected Economy

In today’s fast-paced world, consumers are increasingly seeking connected buying experiences that allow them to multitask and seamlessly make purchases. PYMNTS’ data confirms that to be the...

READ MORE >
Netflix’s Merchandise Moves Highlight the Rise of Connected, Contextual Commerce  
Netflix’s Merchandise Moves Highlight the Rise of Connected, Contextual Commerce  
October 02, 2023  |  Connected Economy

In 2018, writing about the ways in which mobile devices and technology changed the world, PYMNTS CEO Karen Webster noted: “In the three-plus decades since consumers...

READ MORE >