Stimulus Checks And eCommerce Lift Carter's | PYMNTS.com
Carter's , the largest children's clothing retailer in North America, said Friday (April 30) it saw growth in each of its retail, wholesale, and international business segments as stimulus checks and progress with COVID vaccines got kids back to school and people shopping again.
For the three months ending April 3 , the Atlanta-based operator of nearly 1,000 retail locations said its sales increased 20 percent to $787 million, reflecting strong growth in all business segments compared to losses a year ago. Carter's said its domestic eCommerce sales increased 38 percent.
How to Prevent eCommerce Fraud - Legal Reader
Criminals use stolen card numbers to
run small transaction amounts (e.g., $.01) to see if account numbers are still valid, which could also result in substantial authorization fees.
Ecommerce Ads Platform Pacvue Announces Integration with CitrusAd | MarTech Cube
Pacvue, a leading enterprise platform for brands, sellers, and agencies to manage eCommerce advertising , today announced their partnership with world-leading, retail media tech company, CitrusAd. Pacvue's SaaS tool suite will enable advertisers with programmatic bidding, analytics, and automation across retailers.
Now, brands have more options to manage their CitrusAd campaigns with the holistic performance data, flexible reporting, and smart optimizations that they have come to appreciate and rely on from both Pacvue and CitrusAd retail media technology. Both platforms are built by eCommerce veterans, and supported by expert teams of practitioners dedicated to guiding eCommerce advertisers through new ad strategies.
Speaker Spotlight: Grainger's Brian Walker on trends in B2B ecommerce
In this Q&A, Brian Walker , chief product officer at multibillion-dollar distributor W.W. Grainger Inc., talks about how Grainger is dealing with pressing trends in B2B ecommerce.
Walker will speak on developments in B2B digital commerce at the June 17 event, "Breaking the Barriers to B2B Ecommerce Success," hosted by Digital Commerce 360. This is one of series of "Speaker Spotlight" articles featuring the event's speakers.
Ecommerce startup Merama raises USD 60 mln in seed and Series A funding, USD 100 mln in debt -
The ecommerce startup partners with ecommerce product sellers in Latin America by purchasing a stake in the businesses and working with their teams to help them grow and boost their technology while providing them with nondilutive working capital.
Merama expects to sell USD 100 million across the region in 2021, more than two times the year before. It is currently focused on Mexico, Brazil, Argentina, and Chile – and the cash raised will go primarily toward partnering with more brands and investing in building its technology platform and in working capital for product innovation and inventory purchases.
Facebook reveals new features for creators to earn money from ecommerce sales
(Reuters) -Facebook Chief Executive Mark Zuckerberg said Tuesday the company will build new features starting with Instagram for content creators to earn money from recommending products on the app and a marketplace to help connect brands with influencers.
The announcements are part of Facebook's effort to serve the "creator economy," in which social media influencers, journalists and others are earning money directly from their fans on platforms, including Clubhouse, Patreon, Substack and YouTube.
H2 Brands Group Launches New B2B eCommerce Site on Unilog Platform
With 23 brands under management today, H2 Brands Group's core product categories include consumer electronics, paint sundries, hardware, home environment, and plumbing products. As part of the new eCommerce site launch, their sales professionals can now log into the site as one of their customers and help them build a cart of recommended items for purchase.
"We're in the golden age of eCommerce," said Suchit Bachalli, CEO of Unilog. "Like H2 Brands Group, many B2B companies have accelerated their digital strategy following the onset of the pandemic. COVID-19 has fundamentally altered purchasing behaviors, and buyers' expectations around eCommerce are at an all-time high."
Ecommerce Leader Katapult partners with mobile device retailer Wing | MarTech Cube
Katapult, the leading provider of eCommerce point-of-sale (“POS”) lease-purchase options for nonprime US consumers, today announced it is a checkout option with new and pre-owned wireless provider and mobile phone retailer, Wing.
Wing offers wireless service, including 5G plans as well as mobile phones to customers looking for a reliable, cost-effective provider. Katapult’s lease-purchase solution provides consumers with no or developing credit a way to access Wing’s many phone brands, including Apple and Samsung. Katapult is excited to be a part of the retailer’s goal to save customers money on plans and devices while valuing service and quality.
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