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.

Poshmark to Eliminate Fee on Buyers 3 Weeks After Implementation
Poshmark to Eliminate Fee on Buyers 3 Weeks After Implementation
October 21, 2024  |  eCommerce

Poshmark will return to its original fee structure three weeks after introducing a new one that aimed to balance fees between sellers and shoppers. The...

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Report: Poshmark Rethinking Change to Fee Structure After 2 Weeks
Report: Poshmark Rethinking Change to Fee Structure After 2 Weeks
October 20, 2024  |  eCommerce

About two weeks after lowering fees for sellers but raising them for buyers, online marketplace Poshmark is reportedly rethinking that change. Some users of the...

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Buybuy Baby Shutters Stores by Year’s End to Go Digital-Only
Buybuy Baby Shutters Stores by Year’s End to Go Digital-Only
October 18, 2024  |  eCommerce

Buybuy Baby’s brick-and-mortar comeback seems to be short-lived. The baby retailer — which had been part of Bed Bath and Beyond — closed and liquidated...

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This Week in AI: Tech Titans Debut AI for Healthcare, Video Production and eCommerce
This Week in AI: Tech Titans Debut AI for Healthcare, Video Production and eCommerce
October 18, 2024  |  artificial intelligence

This past week, Adobe, Google, Microsoft, OpenAI and Tesla launched artificial intelligence (AI) innovations in video production, drug discovery, healthcare, eCommerce and autonomous transport. These...

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Walmart and Amazon Race to Address Consumer Price Anxiety
Walmart and Amazon Race to Address Consumer Price Anxiety
October 18, 2024  |  Retail

Retail giants Walmart and Amazon are reacting to consumers’ anxieties about holiday spending by rolling out more deals earlier. Walmart announced Thursday (Oct. 17) the...

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39% of Zillennials Buy What Their Friends Recommend
39% of Zillennials Buy What Their Friends Recommend
October 18, 2024  |  Consumer Insights

The emergence of zillennials — consumers age 25 to 33 — reveals distinct shopping behaviors that extend beyond mere social media influence. Born between 1991...

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Retailers Rethink Policies as Returns Fraud Spikes Everywhere
Retailers Rethink Policies as Returns Fraud Spikes Everywhere
October 17, 2024  |  Retail

Returns fraud is a growing global issue, costing retailers billions annually. Recent estimates suggest that fraudulent returns account for up to 13% of total returns...

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Back-to-School Shopping Drives Consumer Spending Surge in September
Back-to-School Shopping Drives Consumer Spending Surge in September
October 17, 2024  |  Economy

September’s retail sales data showed a (slight) acceleration of spending from August, though we’re well off past peaks. And speaking of past peaks — looking...

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Data-Driven and Customer-Centric: Inside Lands’ End’s Digital Transformation
Data-Driven and Customer-Centric: Inside Lands’ End’s Digital Transformation
October 17, 2024  |  Retail

It was Walt Disney who once said, “We keep moving forward, opening new doors, and doing new things, because we’re curious, and curiosity keeps leading...

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