Commerce

Commerce or e-commerce, or electronic commerce, and how it has impacted the traditional methods of buying and selling goods.

Source: searchcio.techtarget.com

Spending on Sporting Goods Drops, Both Online and In-Store
Spending on Sporting Goods Drops, Both Online and In-Store
February 12, 2024  |  Retail

Consumers reported spent 7.7% less on sporting goods in January than they did in the same month a year earlier. Online spending at sporting goods...

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Walmart Counters Amazon’s eCommerce Lead With Omnichannel Tech
Walmart Counters Amazon’s eCommerce Lead With Omnichannel Tech
February 02, 2024  |  Retail

As Walmart looks to shrink Amazon’s growing lead in consumer retail spending, the mega-retailer is turning to new technologies to merge the digital and physical...

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GenAI Levels the Payments Tech Playing Field for Small Businesses
GenAI Levels the Payments Tech Playing Field for Small Businesses
January 29, 2024  |  Artificial Intelligence

Artificial intelligence (AI) has been around for a while and has already made inroads in financial services, helping to automate back-office functions, and helping customers...

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Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
January 25, 2024  |  Retail

Footwear brand Puma is cautioning that external challenges are expected to persist throughout 2024.  “For 2024, we foresee the geopolitical and macroeconomic challenges as well...

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Richemont’s Sales Soar on Strong Demand in China and Japan
Richemont’s Sales Soar on Strong Demand in China and Japan
January 19, 2024  |  Retail

Inflation-pressured consumers tend to cut back on their luxury purchases.  At least, that’s what PYMNTS Intelligence data has found. However, the demand for Richemont’s jewelry...

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Retailers Rethink Malls as Other Locations Report Stronger Sales
Retailers Rethink Malls as Other Locations Report Stronger Sales
January 15, 2024  |  Retail

In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal...

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Producer Price Index of Wholesale Prices Drops for Third Month, Indicating Easing Inflation
Producer Price Index of Wholesale Prices Drops for Third Month, Indicating Easing Inflation
January 12, 2024  |  Economy

The Producer Price Index (PPI) declined for a third consecutive month in December.  Final demand prices fell 0.1% in December after dropping 0.1% in November...

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Amazon and Walmart Both Turn to Games for Revenue Sources
Amazon and Walmart Both Turn to Games for Revenue Sources
January 05, 2024  |  Retail

In anticipation of incorporating advertisements on Prime Video, Amazon is also delving into the development of movies and TV series inspired by the Warhammer 40,000...

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AI Helps Retailers Turn Tide in the Battle of Returns
AI Helps Retailers Turn Tide in the Battle of Returns
January 03, 2024  |  Retail

The new year is only three days old. Buyer’s remorse may be setting in for those of us who have hit “buy” again and again,...

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