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.

Ex-Stitch Fix COO Says Yes To AI-Powered Fashion
Ex-Stitch Fix COO Says Yes To AI-Powered Fashion
May 22, 2020  |  Retail

Former Stitch Fix COO Julie Bornstein is behind a new startup announced earlier this week called The Yes. Launched with ex-Google technical guru Amit Aggarwal, the women’s...

READ MORE >
Bright Spots In Retail Earnings And Cosmetics Sales
Bright Spots In Retail Earnings And Cosmetics Sales
May 22, 2020  |  Today In Data

TJX reported earnings that showed a fast uptick for store opening traffic after having closed all of its retail locations globally in March, without an eCommerce shopping capability. And cosmetics is...

READ MORE >
BNPL And The Payments Choice Balancing Act
BNPL And The Payments Choice Balancing Act
May 22, 2020  |  Buy Now Pay Later

Payments choice is emerging as more than just added eCommerce utility. Merchants expanding payment options are finding this an important differentiator, a major value-added benefit,...

READ MORE >
Dubai Creating $870M Free Trading Zone For eCommerce
Dubai Creating $870M Free Trading Zone For eCommerce
May 22, 2020  |  International

The government of Dubai is planning to create an $870 million free trade zone for eCommerce named Dubai CommerCity (DCC). The development project will be...

READ MORE >
How Retail Is Preparing For Consumers’ Long-Term Shift To Digital 
How Retail Is Preparing For Consumers’ Long-Term Shift To Digital 
May 21, 2020  |  Retail

That consumers have relocated their lives online in response to the pandemic is an easily visible fact when you look at earnings reports that successful...

READ MORE >
Macy’s Warns of $1B 1Q Loss, But Says Financing Is ‘On Track’
Macy’s Warns of $1B 1Q Loss, But Says Financing Is ‘On Track’
May 21, 2020  |  Retail

Struggling retailer Macy’s warned on Thursday (May 21) that it expects as much as a $1.11 billion first-quarter operating loss, but said it was “on...

READ MORE >
Amazon Prime Day Set For September As Operations Stabilize
Amazon Prime Day Set For September As Operations Stabilize
May 21, 2020  |  eCommerce

In a COVID-19 world, the eCommerce scene changes quickly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
TJX Reports Positive Trends In Store Reopenings
TJX Reports Positive Trends In Store Reopenings
May 21, 2020  |  Retail

Call them the “no-digital trio.” This will be a telling week for TJX, Bob’s Stores and Ross Dress for Less as they report earnings and...

READ MORE >
BounceX Rolls Out SMS Marketing Offering
BounceX Rolls Out SMS Marketing Offering
May 21, 2020  |  Retail

To help merchants recover lost pandemic revenues, BounceX said it is making its SMS marketing offering available to new customers. The company, which will be...

READ MORE >