Online Shopping/page/21 news and trends

Unlocking ‘Self-Driving Money’ With Smarter Card Reward Management
Credit Cards // May 21, 2024

Most credit cards — more than 80% — offer rewards to their users. But making the most of those rewards can be a challenge, particularly for shoppers already caught up in the throes of the purchase occasion. And making matters more complicated is the fact...

Bolt CEO Says Shopper Identity Will Redefine Retail
eCommerce // May 21, 2024

It was former GE chairman and management guru Jack Welch who once said: “You can’t grow long-term if you can’t eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is.” The FinTech category over the past year...

Shoppers Seek ‘Next-Gen Fraud Strategies’ From eCommerce Merchants
Fraud Prevention // May 20, 2024

Amid ongoing fraud concerns in eCommerce, advanced, data-driven prevention strategies can be crucial for protecting shoppers and enhancing their retail experiences, driving loyalty. PYMNTS’ Q1 eBook, “The Implications of Uncertainty,” features insights from 18 payments industry executives focused on how data can help firms navigate unpredictable...

Online Sales Recede From 2023’s Year-End Splurge
eCommerce // May 17, 2024

The year-end-splurge online may come as no surprise. The pullback in the first quarter may come as no surprise, either. The overall movement is upward — where eCommerce is following a long-term trend, moving beyond pre-pandemic levels and showing staying power. But the volatility is...

Interviews & Exclusives
Unlocking ‘Self-Driving Money’ With Smarter Card Reward Management

May 21, 2024
Most credit cards — more than 80% — offer rewards to their users. But making the most of those rewards can be a challenge, particularly for shoppers already caught up in the throes of the purchase occasion. And making matters more complicated is the fact that, as Tikue Anazodo, co-founder and CEO of Kudos, told PYMNTS CEO Karen […]

Bolt CEO Says Shopper Identity Will Redefine Retail

May 21, 2024
It was former GE chairman and management guru Jack Welch who once said: “You can’t grow long-term if you can’t eat short-term. Anybody can manage short. Anybody can manage long....

Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing

May 14, 2024
Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business announced Friday (May 10) that amid bankruptcy proceedings in the United...

Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme

May 09, 2024
The internet has been both a blessing and a curse to society and commerce alike.  And with the news Wednesday (May 8) that a criminal network of over 75,000 fake eCommerce...

Quick Reads
Amazon Ramps Up Logistics Expansion to Speed Delivery, Reduce Costs

May 22, 2024
Amazon is reportedly ramping up its logistics expansion efforts to compete with rivals such as Walmart, Shein and Temu. The company is focusing on acquiring industrial property and restructuring its distribution network to enhance package delivery speed and reduce shipping costs, the Wall Street Journal (WSJ) reported Wednesday (May 22). Amazon has leased, bought or announced plans for over […]

Estée Lauder Targets New Customers With Amazon Storefront, ‘Creator Council’

May 01, 2024
Estée Lauder Companies’ debut of its first brand on the U.S. Amazon Premium Beauty store has “greatly exceeded” the company’s retail sales expectations so far. This new offering, which started with the Clinique brand in late...

Airwallex Expands Payment Acceptance Solution to US

April 24, 2024
Airwallex has expanded its payment acceptance solution to the United States. With this service, U.S.-based merchants can accept payments from both domestic and international customers, and foreign merchants with U.S. entities can provide...

Saks Launches Retail Media Network Targeting Luxury Shoppers

April 23, 2024
Saks is now offering digital advertising to connect brands with luxury shoppers on its platform. The new Saks Media Network delivers sponsored product ads and display banners on the luxury eCommerce...