According to target earnings release, in Q3 ending Oct. 30, its digital comparable sales grew 29% after leaping 155% in Q3 of 2020. In comparison,Amazon’s Q3 net sales grew 15% and Walmart’s Q3 U.S. e-commerce sales grew 8%. … Read the rest
In May this year, the UN Conference on Trade and Development (UNCTAD) released a report. It showed e-commerce’s share of the global retail trade grew from 14% in 2019 to 17% in 2020. The e-commerce explosion also saw the coming-of-age … Read the rest
French retail giant Carrefour announced uneven growth performance in Europe in its third-quarter financial results, generating about 20.4 billion euros ($23.7 billion), a 4% quarter-on-quarter increase in sales revenue across all its markets.
Brands selling online are making a range of investments across new talent, digital marketing spends, and delivery capabilities in expectation of a booming 12 months for e-commerce, according to new research.
Multichannel commerce platform ChannelAdvisor and research firm CensusWide surveyed … Read the rest
Barn2Door has revealed that it raised a $3.4 million investment round led by Lead Edge Capital, with participation from Global Founders Capital and other investors. The startup, which creates eCommerce software for farmers, has now raised more than $4.5 million,
Bad news for all you ‘wardrobers’ out there: it looks like it’s about to become far more difficult to return clothes you’ve already worn. A number of online retailers are to set to start using the ‘R-Turn Tag’, designed by … Read the rest
Today, it is almost impossible for businesses to imagine operating without a digital presence. The retail space, in particular, has witnessed an e-commerce boom over the last few years and the rise of emerging technologies such as artificial intelligence has … Read the rest