ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

Report: Amazon Taking Minority Stake as Saks Buys Neiman Marcus
Report: Amazon Taking Minority Stake as Saks Buys Neiman Marcus
July 03, 2024  |  Acquisitions

Saks Fifth Avenue parent company HBC will reportedly buy rival Neiman Marcus, with Amazon taking a minority stake in the new company. The boards of...

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Shop Talk: Consumers Return to Brick-and-Mortar Grocery for Summer
Shop Talk: Consumers Return to Brick-and-Mortar Grocery for Summer
July 03, 2024  |  Retail

As grocery shoppers settle into the warmer months, many are shifting away from eCommerce back to brick-and-mortar stores with more time to make their food...

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Lenovo and Trustly Team to Offer Open Banking at Checkout
Lenovo and Trustly Team to Offer Open Banking at Checkout
July 03, 2024  |  Partnerships

Swedish tech firm Lenovo is offering open banking at checkout via a partnership with Trustly. The collaboration, announced Wednesday (July 3), is open to Lenovo customers in the U.K. and...

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FTC Says Vroom Agrees to $1 Million Settlement
FTC Says Vroom Agrees to $1 Million Settlement
July 02, 2024  |  Legal

Vroom, the online used car dealer that discontinued its eCommerce operations in January, has reportedly agreed to a proposed settlement that would include it paying $1 million...

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Safe Ticketing Launches Resale Ticket Purchasing Platform in US
Safe Ticketing Launches Resale Ticket Purchasing Platform in US
July 02, 2024  |  Retail

Safe Ticketing launched a resale ticket purchasing platform in the United States. The TicketX platform is new to the U.S. market but has a Japanese...

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Mid-Market Retailers Innovate to Survive in a Tight Economy
Mid-Market Retailers Innovate to Survive in a Tight Economy
July 02, 2024  |  Retail

As ongoing financial pressures make it harder for mid-market retailers to compete, without the scale of industry giants or the close customer connections of mom-and-pop...

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Gap’s Promising Turnaround Efforts Suggest Blueprint for Legacy Apparel Retailers
Gap’s Promising Turnaround Efforts Suggest Blueprint for Legacy Apparel Retailers
July 02, 2024  |  Retail

Gap, a once-dominant force in American retail that has faced challenges in recent years, is undergoing a years-long effort to reclaim its position in a...

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Adobe Commerce Adopts Klarna’s BNPL Services
Adobe Commerce Adopts Klarna’s BNPL Services
July 02, 2024  |  Buy Now Pay Later

Adobe Commerce merchants can now offer their customers Klarna’s buy now, pay later (BNPL) services and other flexible payment options. The partnership will help these...

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Nexi Enables Bancomat Pay Transactions on Amazon’s Italian eCommerce Site
Nexi Enables Bancomat Pay Transactions on Amazon’s Italian eCommerce Site
July 02, 2024  |  eCommerce

Customers of Amazon’s Italian eCommerce site will be able to make purchases with Bancomat Pay, following the retailer’s new partnership with Nexi. In the collaboration...

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