Advised to separate its eCommerce business from its physical stores, Macy's is debating how best to approach the concept without alienating its online shoppers who depend on the retail shops for pickups and returns, Reuters reported on Friday (Dec. 3), citing sources familiar with the talks.
Nestlé cooks up plans to make ecommerce 25% of sales by 2025
Nestlé S.A., one of the world's biggest food and beverage companies and a well-known consumer brand manufacturer, is doubling down on ecommerce.
Today, ecommerce, which includes direct-to-consumer and business-to-business-to-consumer (B2B2C) online sales, represents about 13% ($11.93 billion) of the company's total annual sales of $91.80 billion, Nestlé says.
BigCommerce Merchants Achieve Record Holiday eCommerce Sales - Outperform Industry Trends
BigCommerce merchants collectively experienced another year of record sales volumes that outperformed the first-ever decline in aggregate US retail eCommerce sales during Cyber Week.
Despite the slowdown, BigCommerce merchants continued to grow at double-digit rates, bucking the trend with an increase of 15% in gross merchandise volume (GMV) year-over-year (YoY). In the last two years, BigCommerce merchants' Cyber Week sales have increased +103%.
A big distributor of truck parts revamps its ecommerce site
One of the nation's largest distributors of truck and trailer parts and services has rolled out an updated ecommerce site.
The newly updated ecommerce site for FleetPride, which operates a network of 281 stores, 55 service centers and five distribution centers, features an online inventory of 176,000 parts and enables buyers such as dealers and mechanics search by part number, cross reference, year/make/model/engine
Bots are Threatening Ecommerce Sites — Here's How to Protect Against Them - Retail TouchPoints
Ecommerce sales are projected to reach $908.73 billion this year as pandemic conditions favor online interactions. Many businesses have spent the last year shoring up resources for online storefronts in order to meet consumer demand.
Merits and Demerits of Bitcoin for Ecommerce | Sponsored | gazette.com
Like Bitcoin, eCommerce has experienced stellar performance since its inception, constantly attracting new businesses and individuals worldwide. Statistics show global eCommerce sales will reach $7.3 trillion by 2025.
Bitcoin is a decentralized digital currency, facilitating instantaneous, secure and cheaper money transfers online. That has significantly changed how merchants transact amongst themselves and with consumers worldwide.
Cyber savings at Zyro: Up to 89% off website plans for blogs, ecommerce and more - CNET
BNPL Could Entice Cross-Border Shoppers | PYMNTS.com
Customers' shopping habits continue to evolve amid a worldwide reopening of storefronts, but the global cross-border payments market remains in full swing, with volume expected to reach $156 trillion in 2022 — and offering alternative, yet familiar, payment methods to consumers can be a powerful
An ecommerce platform provider for food service distributors raises new funding
An ecommerce services firm that aims to build market share in the food service distribution business just got a big boost from new investors to help them get there.
Pomegranate Technologies Inc., which operates UsePepper.com, has received $16 million in new working capital from Index Ventures which led the round with participation from Greylock, Imaginary Ventures, BoxGroup, Moving Capital and an individual investor.
Is your eCommerce business ready for the year-end peak season?
Online sales are booming in Asia Pacific, the Middle East, and Africa (AMEA), with the region accounting for 64% of global eCommerce revenues in 2020.
With new opportunities rising in the eCommerce space, small and medium-sized businesses (SMEs) are surely eager to jump on them. However, creating a seamless, frictionless eCommerce experience is a complex undertaking for most SMEs.
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