Commerce

Commerce relates to "the exchange of goods and services, especially on a large scale". It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade.

(source: en.wikipedia.org)

eCommerce
UPS Partners Africa’s Jumia on eCommerce Distribution Network
April 04, 2022

United Parcel Service on Monday (April 4) said it will use Africa-focused online marketplace Jumia Technologies AG’s distribution network to expand across the continent, helping the latter company’s stock price jump by 24.5%, according to a Bloomberg report. Get the Full Story Complete the form...

eCommerce
Walmart Marketplace Launches New-Seller Savings
April 04, 2022

Walmart has unveiled New-Seller Savings, a limited-time Walmart Marketplace promotion that’s exclusive to new sellers, according to a Monday (April 4) company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Commerce
US Motorists Drive Fuel Demand to Pre-Pandemic Levels, Exacerbating Global Shortage
April 03, 2022

The White House promised 180 million barrels of emergency oil towards addressing the crisis of energy supply. But that hasn’t translated into American drivers cutting consumption, the Financial Times said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Commerce
Today in Food Commerce: Amazon Looks to F&B Subscription Commerce; Chipotle Tests RFID
April 01, 2022

Today in food commerce, Amazon touts its food and beverage subscription box offerings, and Chipotle Mexican Grill tests out radio-frequency identification (RFID) technology. Plus, smaller restaurant brands struggle with the challenges posed by inflation. Get the Full Story Complete the form to unlock this article...

eCommerce
Oro to Debut OroMarketplace Long Term Support Platform
March 31, 2022

Oro, maker of OroCommerce, the B2B eCommerce platform, will debut a live demo Tuesday (April 5) at 11 a.m. EDT of its OroMarketplace Long Term Support version, which will add new features, a press release said. Get the Full Story Complete the form to unlock...

Commerce
Today in Food Commerce: Wendy’s Announces VR Restaurant; Dunkin’ Launches Makeup Line
March 31, 2022

Today in food commerce, Wendy’s gets ready to open a metaverse location, and Dunkin’ announces a collaboration with cosmetics brand e.l.f. Plus, Kroger boosts its eCommerce ad offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Commerce
Grocery Roundup: Kroger Boosts Digital Ad Business; Funds Pour in for eGrocery Marketplaces
March 31, 2022

As food costs continue to rise at an alarming rate, grocers are forced to choose between absorbing the cost, seeing their already narrow margins become even thinner, and passing the cost onto consumers, disincentivizing purchases and potentially losing customers. As such, it is becoming even...

Commerce
Adyen to Expand Into Embedded Financial Products
March 31, 2022

Dutch payments group Adyen on Wednesday (March 30) launched a suite of embedded financial products that will allow platforms and marketplaces to create tailored financial experiences for their users, including small business owners and individual merchants. Get the Full Story Complete the form to unlock...

eCommerce
Wholesale Platform Serves As Cross-Border Matchmaker for 300k US Retailers, Countless EU Brands
March 31, 2022

Compared to the homogeneous United States market, operating and expanding a business across Europe can be a complex undertaking, given the different regulations, languages and cultural nuances specific to countries in the region. Get the Full Story Complete the form to unlock this article and...