eCommerce

eCommerce
Wayfair Clips 5% of Global Workforce After Growth Sputters
August 19, 2022

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...

eCommerce
B2B Marketplace Shoptreo Connects African Artisans, Retailers
August 18, 2022

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...

eCommerce
Data Brief: Buy Buttons Cut 2-Min. Checkout Time in Half
August 18, 2022

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...

eCommerce
PYMNTS Summer Series: One-Click Checkout Wants to Go Native
August 18, 2022

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...

eCommerce
Are Apparel Resellers ‘Uniquely Positioned’ or Fighting an Uphill Battle?
August 16, 2022

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....

eCommerce
Amazon Joins FedEx, USPS in Adding Holiday Fees for Sellers
August 16, 2022

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...

eCommerce
Third-Party Marketplaces to Determine Winner in Amazon vs Walmart Platform Battle
August 16, 2022

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...

eCommerce
Forage Takes On Stalwarts to Gain Slice of $100B Online SNAP Payments Opportunity
August 15, 2022

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...

eCommerce
Wish Plays up Discovery-Based Shopping in ‘You Wish’ Campaign
August 15, 2022

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...