Pymnts CEO Karen Webster chats with Bryzos founder and CEO Shep Hickey about the challenges and opportunities involved in creating an online marketplace to sell steel for industrial uses.
Convenience and automation in the home are growing in tandem with e-commerce
BigCommerce, an Austin, Texas-based e-commerce company, acquired BundleB2B to provide added business-to-business functionality to its platform.
Solving the reverse logistics problem is a key part of growing digital sales
Rising inflation is driving up the revenue numbers of e-commerce sellers, research finds, but consumers are still shopping.
High-single-digit dollar gains reported despite higher costs, fewer discounts
As the holiday shopping season ramps up, direct-to-consumer brands need to maintain their digital presence to engage with customers.
Shopify reported 46% revenue growth but failed to impress investors as it missed Q3 expectations.
“Black Friday-worthy” deals available “earlier than ever”
With e-commerce continuing to grow, brands that make the returns experience easier and speed the refund process have a better chance at retaining that customer.
E-commerce is giving brands of all sizes the opportunity to grow, but without the right partner to make the shopping experience local, they are likely losing out on sales.
Target has acquired tech companies and delivery providers, all in a quest to better manage its e-commerce logistics networks.
While most of the focus has been on capacity constraints for ocean containers and truckload freight, e-commerce shippers remain concerned about the impacts on the last mile.
Despite facing challenges of a nascent industry, company sees plenty of room for further expansion
In the apparel world where trying on clothes is so vital to sales, the COVID-19 pandemic presented challenges. Iconic brand Levi used the pandemic to accelerate digitization in its supply chain, and it paid immediate dividends.
The best-in-class retailers navigated well, and managed to grow inventory considerably in the first months of the year.
Consumers reversion to services has not come at the detriment of durable goods spending. Over the past four weeks, the mix of durable goods-to-services spending has remained stable.
PayPal is acquiring Happy Returns, a firm dedicated to improving the returns process for e-commerce orders.
Former PayPal executive John Lunn has returned to payments with Gr4vy, which has landed an $11.1 million Series A funding round.
As Amazon continues to dominate e-commerce, major retailers are stepping up their investments hoping to benefit from shifting consumer demands.
There has been a consumer flight to reliability throughout COVID, and Walmart benefited from this shift as much as any retailer. But with the end of the pandemic now in sight and Americans poised for the reopening of services, Walmart is expecting growth to moderate considerably. Walmart announced plans to invest heavily in its supply chain, namely fulfillment capacity and automation, to front-run the deceleration and claw toward e-commerce profitability.
New data from Mastercard’s SpendingPulse showed that overall holiday retail sales rose in 2020, but department stores took a hit as more Americans bought online.
