Shopify had a blowout fourth quarter, with sales rising 41% from a year earlier, the company reported Wednesday.
Sales are the main objective of a company working at the forefront of the shift to ecommerce. But Shopify's stock fell as much as 19%, even after company reported results that came ahead of analysts' expectations for revenue and earnings.
Ecommerce Product Releases: February 15, 2022 - Practical Ecommerce
Dept Stores, eCommerce Lead Bounce in Retail Sales | PYMNTS.com
Retail sales posted their biggest gain in 10 months in January, bouncing back 3.8% after a sharp — and revised lower — 2.5% decline in December, according to a Wednesday (Feb. 16) press release from the U.S. Department of Commerce.
The retail rebound was led by a 14.5% increase in eCommerce or so-called non-store retailers, followed by a 9.2% jump at department stores, a 7.2% increase in furniture and home furnishings, and 4.1% month-on-month pop in building materials and garden equipment.
Webgility Celebrates 15 Years of Helping Grow Ecommerce
SCOTTSDALE, Ariz., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Launched as a side hustle in 2007, Webgility is celebrating 15 years in business and its evolution into the Modern Commerce Workspace™ helping online sellers automate their accounting, inventory, and much more.
Fifteen years ago, Webgility founder and CEO Parag Mamnani sold his house and poured all his savings into finding a way to help ecommerce businesses simplify and automate their operations. The economy was shrinking, but he was optimistic and willing to take the risk.
Sberbank Launching eCommerce Platform | PYMNTS.com
Russian lender Sberbank on Tuesday (Feb. 15) announced plans to shake up its management team, as well as its intention to launch an eCommerce holding company as part of its plan to diversify its offerings beyond financial services.
Ecommerce Returns: Cost Center or Competitive Advantage? – Multichannel Merchant
U.S. consumers were forecast to return more than $66 billion in goods after the 2021 holiday season, and ecommerce returns are a huge and growing issue. For businesses, they create logistical challenges, raise costs and pose fraud risks.
However unsatisfactory the returns process is now it gives businesses an incredible opportunity to build loyalty and delight customers.
European manufacturers strive for more ecommerce
Why manufacturers must offer a self-service B2B ecommerce portal
Manufacturers are not typically known to be digitally savvy, but changes in B2B buyer expectations and other factors have led to steady growth and capital investment in manufacturing ecommerce sites. In 1999, manufacturing ecommerce comprised 18.1% of the total value of manufacturing shipments.
Today in Data: Weber Works to Outwit Inflation | PYMNTS.com
Today in Data, almost 40% of eCommerce shoppers are disputing more transactions than they did before the start of the COVID-19 pandemic.
More Than 500 Ecommerce Stores Hit with Malware Attack
Subsequently, you may want to do a quick audit of your financial situation, because a security firm has discovered a large malware attack that is affecting nearly 500 ecommerce stores across the web.
According to a report from Santech , which is an ecommerce malware and vulnerability detection firm, approximately 500 ecommerce stores were infiltrated by Magecart , the catch-all term for competing cybercrime gangs that target ecommerce stores.
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