The online retail sector that boomed in the U.K. during the pandemic has suffered from a wave of closures since the government eased COVID-19 restrictions, new figures show. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
FinTech FIS announced in a Wednesday (July 27) press release that its Worldpay service is now available in the fast-growing South Korean market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Canadian eCommerce company Shopify is slashing 10% of its global workforce or roughly 1,000 people, The Wall Street Journal reported on Tuesday (July 26) citing an internal memo seen by the publication. Get the Full Story Complete the form to unlock this article and enjoy...
Chinese tech giant Alibaba’s global expansion plans — and efforts to rival Amazon by adding more U.S. businesses to its eCommerce platform — are on hold as the company has struggled to meet its goals, according to a Financial Times report Tuesday (July 26). Get...
B2B logistics company Kwik is expanding its digital services with the debut of KwikStore, a free eCommerce storefront that lets merchants in Africa do business from their smartphones, according to a Monday (July 25) press release. Get the Full Story Complete the form to unlock...
The surge in eCommerce fueled by the pandemic is now slowing down as more people return to shopping in stores, a shift that could affect the amount of warehouse space needed as retailers and marketplaces expanded to meet demand. Get the Full Story Complete the...
Customers are reducing their use of delivery for online grocery shopping orders, prompting Ocado to consider a shift in expansion plans for the service in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
FinTech payments platform Airwallex is partnering with eCommerce firm Shopify to offer online merchants a streamlined integration for payment acceptance from customers around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
When big eCommerce aggregator Thrasio hit a wall earlier this year, it revealed a weakness in the strategy of rolling up promising sellers and brands then struggling to figure out the nuances of creating popular consumer brands with the right logistics in place to optimize...
