A pandemic surge in growth that unexpectedly sputtered post-COVID prompted online home goods retailer Wayfair to lay off 5% of its global staff, affecting 870 employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Aiming to make it easier for entrepreneurs to sell African-made products throughout Africa, Nigerian startup Shoptreo is offering an online B2B marketplace that connects the continent’s artisans and manufacturers with informal retailers and vendors. Get the Full Story Complete the form to unlock this article...
Removing extra steps and legacy obstacles to speed conversions, the buy button packs a wallop for eCommerce operators — provided retailers don’t start adding frictions to what’s meant to be the penultimate frictionless checkout experience. Get the Full Story Complete the form to unlock this...
Like the Holy Grail or unicorns (the mythical creature, not high valuation startups), one-click buy button functionality is the long-sought magic solution to unlocking billions of dollars in eCommerce transactions held back by friction in the checkout process. Get the Full Story Complete the form...
With inflation and economic uncertainty currently causing an instinctive recoil by many consumers when it comes to splurging on non-essentials, a week’s worth of insight and commentary from several of the nation’s top apparel resellers has sparked a bit of a debate and a rethink....
Saying it needs to offset rising labor and logistics costs, Amazon is for the first time imposing an added fee on some sellers during this year’s holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In what will likely be a never-ending duel between Amazon and Walmart, as their online platforms expand, it is the seller-focused marketplaces — integrating everything from catalogs to fulfillment — that will help craft a competitive advantage. Get the Full Story Complete the form to...
Integrating Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments into eGrocery platforms while complying with federal and local regulations is no easy feat, which is why only three third-party payment processors (TPPs) have managed to do so. Get the Full Story Complete the...
The re-invention of struggling mobile eCommerce marketplace Wish.com continues as the company is now counting on a new brand campaign to reboot its image and perception with customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...