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.
Price Wars: Amazon and Walmart Escalate Race to the Bottom
Price Wars: Amazon and Walmart Escalate Race to the Bottom
June 28, 2024  |  Retail

This week in the ongoing battle between retail giants Amazon and Walmart, the two companies are upping their discounting efforts in an effort to secure...

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Kleinfeld Owner Says the On-Demand Economy Catches Up to Weddings
Kleinfeld Owner Says the On-Demand Economy Catches Up to Weddings
June 28, 2024  |  Retail

With consumers increasingly expecting to be able to get anything they want, when they want it, bridal retail is picking up the pace, according to...

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AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity
AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity
June 27, 2024  |  artificial intelligence

The artificial intelligence (AI) boom is reshaping the tech landscape, with industry giants and startups reporting significant gains and attracting major investments. Memory chip maker...

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Exclusive: Amazon Canada Taps Visa for Installment Plans
Exclusive: Amazon Canada Taps Visa for Installment Plans
June 27, 2024  |  VISA

Some of the seven new product and feature announcements Visa announced at its May 15 user conference are starting to gain traction. Case in point:...

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Amazon Takes On Temu and Shein With China-Direct Discount Section
Amazon Takes On Temu and Shein With China-Direct Discount Section
June 26, 2024  |  Amazon

Amazon will reportedly add a section to its shopping site that aims to compete with Temu and Shein, featuring items that are cheap and are shipped from China to...

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eCommerce Leads Levi’s D2C Growth as Online Shoppers Splurge
eCommerce Leads Levi’s D2C Growth as Online Shoppers Splurge
June 26, 2024  |  Earnings

Levi Strauss & Co. is seeing its digital channels drive direct-to-consumer (D2C) growth, with eCommerce customers proving willing to pay full price and to spring...

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Amazon Market Valuation Tops $2 Trillion for First Time
Amazon Market Valuation Tops $2 Trillion for First Time
June 26, 2024  |  Amazon

Amazon’s market valuation topped $2 trillion for the first time Wednesday (June 26), driven in part by investor interest in artificial intelligence (AI). The company...

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Consumers Engage Digitally With Restaurants 34% More Than Grocers
Consumers Engage Digitally With Restaurants 34% More Than Grocers
June 26, 2024  |  Consumer Insights

As consumers turn to digital platforms to meet their food needs, their eCommerce adoption of restaurants is greater than for grocery. By the Numbers The...

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Retailers Crack Down on ‘Serial Returners’
Retailers Crack Down on ‘Serial Returners’
June 26, 2024  |  eCommerce

As retailers grapple with the trillion-dollar returns problem, more merchants are beginning to penalize consumers for sending back items. Take Boozt, a Nordic digital department...

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