PYMNTS-MonitorEdge-May-2024

ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

Embedded POS Innovations Are Reshaping the Way Main Street Does Business
Embedded POS Innovations Are Reshaping the Way Main Street Does Business
October 22, 2024  |  Point of Sale

The days of the old-school cash register are numbered. They may even already be over. The final note on their obituary? It’s the fact that...

READ MORE >
Target to Make 2,000 More Price Cuts for Holiday Season
Target to Make 2,000 More Price Cuts for Holiday Season
October 22, 2024  |  Retail

Target will reduce regular prices on more than 2,000 items this holiday season. Combined with the price cuts it has made on more than 8,000...

READ MORE >
In Connected Economy, SEEN Taps Digital Channels for Skin-Healthy Haircare
In Connected Economy, SEEN Taps Digital Channels for Skin-Healthy Haircare
October 22, 2024  |  Retail

In a world where first impressions are often shaped by digital interactions, SEEN is redefining what it means to be “seen” in the beauty industry....

READ MORE >
Poshmark to Eliminate Fee on Buyers 3 Weeks After Implementation
Poshmark to Eliminate Fee on Buyers 3 Weeks After Implementation
October 21, 2024  |  eCommerce

Poshmark will return to its original fee structure three weeks after introducing a new one that aimed to balance fees between sellers and shoppers. The...

READ MORE >
Report: Poshmark Rethinking Change to Fee Structure After 2 Weeks
Report: Poshmark Rethinking Change to Fee Structure After 2 Weeks
October 20, 2024  |  eCommerce

About two weeks after lowering fees for sellers but raising them for buyers, online marketplace Poshmark is reportedly rethinking that change. Some users of the...

READ MORE >
Buybuy Baby Shutters Stores by Year’s End to Go Digital-Only
Buybuy Baby Shutters Stores by Year’s End to Go Digital-Only
October 18, 2024  |  eCommerce

Buybuy Baby’s brick-and-mortar comeback seems to be short-lived. The baby retailer — which had been part of Bed Bath and Beyond — closed and liquidated...

READ MORE >
This Week in AI: Tech Titans Debut AI for Healthcare, Video Production and eCommerce
This Week in AI: Tech Titans Debut AI for Healthcare, Video Production and eCommerce
October 18, 2024  |  artificial intelligence

This past week, Adobe, Google, Microsoft, OpenAI and Tesla launched artificial intelligence (AI) innovations in video production, drug discovery, healthcare, eCommerce and autonomous transport. These...

READ MORE >
Walmart and Amazon Race to Address Consumer Price Anxiety
Walmart and Amazon Race to Address Consumer Price Anxiety
October 18, 2024  |  Retail

Retail giants Walmart and Amazon are reacting to consumers’ anxieties about holiday spending by rolling out more deals earlier. Walmart announced Thursday (Oct. 17) the...

READ MORE >
39% of Zillennials Buy What Their Friends Recommend
39% of Zillennials Buy What Their Friends Recommend
October 18, 2024  |  Consumer Insights

The emergence of zillennials — consumers age 25 to 33 — reveals distinct shopping behaviors that extend beyond mere social media influence. Born between 1991...

READ MORE >