eCommerce invoice funding firm Clearco has teamed with small-business-focused capital marketplace Boundless. The partnership, announced Tuesday (July 16), is designed to provide working capital to eCommerce brands, with Clearco offering businesses outside their core target direct access to Boundless’ marketplace, and Boundless connecting eCommerce brands...
Ocado CEO Tim Steiner said his company is benefitting from a resumption in online grocery buying. Consumers have gone back to eGrocery following a post-pandemic rise in brick-and-mortar buying, Steiner told Bloomberg Tuesday (July 16) after the grocery technology company reported earnings showing it nearly...
As specialty retailers look for ways to hold their own against Amazon’s growing lead, many are rethinking their tech efforts to be more competitive. Take, for instance, Guitar Center, which announced Tuesday (July 9) the appointment of Adolfo Rodriguez, who has held leadership positions at...
Online car marketplace Carvana has introduced new features for buying and selling electric vehicles (EVs). The company says its new streamlined process highlights vehicles qualifying for the Clean Vehicle Tax Credit in the search experience and lets eligible customers apply the up to $4,000 in...
Without the limits of physical shelf space, direct-to-consumer (D2C) brands can offer a wider range of products that may be more niche or less universally appealing, allowing for greater personalization. Sophia Edelstein, co-CEO and co-founder of D2C customizable glasses brand Pair Eyewear, discussed in a...
As eCommerce titans Amazon, Temu and Shein expand their reach, Etsy is attempting to reclaim its niche by emphasizing its original mission to support artisans and crafters, but the fine print shows considerable wiggle room for less handmade products. The company posted a policy update...
When it comes to retail’s digital transformation, consumers with cash to burn are leading the charge. By the Numbers The 2024 edition of PYMNTS Intelligence’s “How the World Does Digital” report drew from a survey of 67,000 consumers across 11 countries that make up approximately...
Shoprite is launching an eCommerce service for its Cash and Carry stores to streamline wholesale purchases. The South African wholesale brand is making its venture into eCommerce through the service, which allows customers who buy in bulk to “browse and purchase a wide range of...
Customers of Amazon’s Italian eCommerce site will be able to make purchases with Bancomat Pay, following the retailer’s new partnership with Nexi. In the collaboration between the two companies, Amazon.it will use Nexi’s platform to enable customers to make purchases with this additional payment option,...
