eCommerce giant MercadoLibre could feel a pinch from Brazil’s new tax rules. As Seeking Alpha reported Monday (July 10), Bank of America has lowered its rating on the company with the advent of a rule change that exempts cross-border eCommerce purchases of $50 or less from a 60% tariff...
Tapping or clicking the hashtag #TikTokMadeMeBuyIt will bring users to pages upon pages of videos in which TikTokers show off viral purchases they first discovered on the platform: iced coffee slushy cups, hair gem stampers, live pet axolotls, levitating bulb lamps and beyond. The hashtag...
When it comes to online grocery, consumers are more willing to hop in their cars and pick up their orders than wait around (and/or pay the extra price) for delivery. For the study “12 Months of the ConnectedEconomy™: 33,000 Consumers on Digital’s Role in Their...
Affirm is sunsetting Returnly and transitioning the merchants using that platform to Loop. Returnly, which was acquired by buy now, pay later (BNPL) provider Affirm in 2021 and offers shoppers a self-service online returns experience, will be closed by early October, Affirm said in a Thursday (July 6) blog...
Jenny Craig is poised for a digital comeback as the rise of direct-to-consumer (D2C) enables weight loss brands to find an audience in more targeted ways than ever. As Wellful, an omnichannel health and diet food company behind competing brand Nutrisystem, announced Wednesday (July 5), it has acquired Jenny Craig’s...
As Instacart steps up its digital capabilities, it becomes increasingly difficult for grocers — especially smaller players — to build competitive in-house eCommerce systems. In an interview with PYMNTS following the announcement of the aggregator’s new made-to-order feature, Rob Hill, general manager of order ahead at Instacart, said online...
As eCommerce merchants look to win the loyalty of customers who are on the fence, there are a range of factors that can be make or break at the point of checkout for these persuadable consumers. For PYMNTS’ study “At The Checkout: Deal-Chasers Versus Loyal...
Bankrupt weight-loss company Jenny Craig is getting a new lease on life. As CNBC reported Wednesday (July 5), rival weight-loss meal firm Wellful has purchased Jenny Craig’s assets and will revive it as an eCommerce company. “People that have known the Jenny brand — the core aspects around the great food,...
Consumers are increasingly turning to digital channels to purchase alcohol, as Constellation Brands observes, but eCommerce in the industry has a long way to go. The beer, wine and spirits giant, parent company of a range of popular brands including Modelo, Corona, Svedka and more,...
