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.

Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push
May 17, 2024  |  Retail

Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers’ spending, they are working hard...

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Mytheresa: The Aspirational Luxury Shopper Is Coming Back
Mytheresa: The Aspirational Luxury Shopper Is Coming Back
May 16, 2024  |  Earnings

After years of financial challenges (and consequent consumer cutbacks) prompting luxury merchants to focus more on shoppers with plenty of cash to burn, it seems...

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Mastercard and Salesforce Team to Resolve Transaction Disputes
Mastercard and Salesforce Team to Resolve Transaction Disputes
May 16, 2024  |  Partnerships

Mastercard and Salesforce have announced an integration designed to reduce purchase disputes and chargebacks. “Disputes and chargebacks, where a consumer notices a transaction they don’t recognise and requests...

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Walmart’s Q1 Earnings Show Caution on Consumer Spending
Walmart’s Q1 Earnings Show Caution on Consumer Spending
May 16, 2024  |  Earnings

Walmart reported better than expected Q1 earnings Thursday (May 16) but that’s not the most important story. The earnings announcement and subsequent analyst call showed...

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CVS Pharmacy Debuts Well Market Brand as Retailers Expand Private-Label Items
CVS Pharmacy Debuts Well Market Brand as Retailers Expand Private-Label Items
May 16, 2024  |  Retail

CVS Pharmacy, the retail division of CVS Health, launched a new store brand for snacks, beverages and groceries. The new Well Market brand features nutrition options, bold flavors, recyclable...

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Poshmark Shoppers Get New Data-Powered Recommendations From Sellers
Poshmark Shoppers Get New Data-Powered Recommendations From Sellers
May 16, 2024  |  Retail

Fashion resale marketplace Poshmark is bringing artificial intelligence (AI) to its community of 130 million people via its Promoted Closet feature, which exited beta status...

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White-Label Payments Solutions Monetize Resellers’ eCommerce Efforts
White-Label Payments Solutions Monetize Resellers’ eCommerce Efforts
May 16, 2024  |  Payments Innovation

In an increasingly digital world, the ability to accept and process payments anytime, anywhere has become a critical component of business success. And white-labeling payment...

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EBay to Launch QR Code-Based Feature for Generating Product Listings
EBay to Launch QR Code-Based Feature for Generating Product Listings
May 15, 2024  |  eCommerce

EBay has unveiled a new “resell on eBay” feature designed to make it easier for brands and consumers to list clothing on the online marketplace. The...

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Shopify and Astound Digital Partner to Improve Digital Commerce
Shopify and Astound Digital Partner to Improve Digital Commerce
May 15, 2024  |  Partnerships

Shopify and Astound Digital have partnered to improve retailers’ digital commerce efforts. Through the partnership, the companies aim to offer retailers higher conversion rates and lower costs,...

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