The year-end-splurge online may come as no surprise. The pullback in the first quarter may come as no surprise, either. The overall movement is upward — where eCommerce is following a long-term trend, moving beyond pre-pandemic levels and showing staying power. But the volatility is...
The latest reading on retail sales data from the Census Bureau showed that overall retail sales were up 0.6% month over month, reversing a 1.1% decline that had been seen in January. And given the fact that the “non-store retailers” line item — generally used as...
American consumers upped their holiday spending this year, doing a lot of that spending online. That’s according to preliminary results from Mastercard’s SpendingPulse released Tuesday (Dec. 26), showing retail sales increasing 3.1% — not adjusted for inflation — year over year from Nov. 1 to Dec. 24....
More than half of Americans made at least one purchase on Black Friday, according to PYMNTS Intelligence data. However, not all online transactions were likely successful. According to PYMNTS Intelligence data, nearly 1 in 10 online transactions failed in the last 12 months, which means that on...
June 28, 2024
With consumers unwilling to trust eCommerce channels to complete their car-buying journeys, the online auto sales industry is seeing shifts. For instance, Bloomberg reported this week that private equity firm Thoma Bravo is looking into selling Canadian digital automotive marketplace Trader, which it acquired in 2016. The company’s valuation could be $2.9 billion or more […]
March 14, 2024
The latest reading on retail sales data from the Census Bureau showed that overall retail sales were up 0.6% month over month, reversing a 1.1% decline that had been seen in...
September 16, 2022
If you just scanned headlines or social media posts, it’d be easy to think that the digital transformation was halfway done shifting our entire lives online. But truth be told,...
August 22, 2022
Buy now, pay later (BNPL) is a consumer credit solution typically sold to retailers who then allow eligible consumers to use it to pay in installments. But what changes when...
December 26, 2023
American consumers upped their holiday spending this year, doing a lot of that spending online. That’s according to preliminary results from Mastercard’s SpendingPulse released Tuesday (Dec. 26), showing retail sales increasing 3.1% — not adjusted for inflation — year over year from Nov. 1 to Dec. 24. That’s compared to the 7.4% growth in retail sales Mastercard […]
October 10, 2023
Shoppers are reportedly opting for affordable items during Amazon’s fall sale for Prime subscribers. Early data from the retailer’s Prime Big Deal Days event reveals that price-conscious shoppers are primarily...
September 20, 2022
Aiming to innovate new ways for suppliers and sellers to connect with customers, Walmart Connect has announced an Innovation Partner program that will help advertisers access channels such as social...
September 14, 2022
Targeted marketing emails, pages that direct shoppers to off-site sellers and Alexa artificial intelligence tools are three new marketing solutions Amazon is piloting to help direct-to-consumer (DTC) eCommerce merchants reach...
