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Tag: online retailer


E-commerce, Retail Types

Ebay becomes latest to show signs the pandmic-online boom is over seeing shares dip 2%

August 12, 2021

Via: Charged

Ebay’s shares have dipped two per cent in extended trading as it became the latest online retailer to show signs the pandemic-driven online boom is ending. Ebay saw sales jump 14 per cent to $2.7 billion over the three months […]


News & Trends

How Overstock learned to love retail again

May 17, 2021

Via: Retail Dive

In early 2014, Overstock became the first online retailer to accept the crypto currency bitcoin as payment for goods. After interviewing him, tech magazine Wired wrote at the time that then-CEO Patrick Byrne believed that accepting bitcoin payments could “ultimately […]


E-commerce, Retail Types

Alibaba makes major push into physical retail with $3.6bn acquisition of Sun Art

October 19, 2020

Via: Charged

Alibaba has made a major push into bricks-and-mortar retail after acquiring a controlling stake in Chinese hypermarket giant Sun Art Retail. Shares in Sun Art skyrocketed more than 27 per cent this morning, after Alibaba announced plans to more than […]


E-commerce, Retail Types

Wayfair’s sales surge almost 20%, net loss widens, in the first quarter

May 5, 2020

Via: CNBC

Online furniture retailer Wayfair’s net loss widened in the first quarter as its sales surged nearly 20%, with more people flocking to its website to furnish their home offices and bedrooms during the coronavirus pandemic. Its shares fell roughly 3% […]


E-commerce, Retail Types

How Retailers Get Found Online in 2019

August 28, 2019

Via: Lightspeed POS

Bricks and clicks: it’s not just a catchy line. Getting found online is vital to retailers boosting sales, even if they operate predominantly out of brick-and-mortar stores. As of 2018, at least four out of every ten purchases were made […]


News & Trends

Tax Season for Retailers – What You Need to Know

March 7, 2019

Via: Independent Retailer

Last year, the Supreme Court issued a landmark ruling that changed online tax law. The original law predated the internet and was more reflective of mail-order catalogs. Previously, retailers only needed to collect and remit sales tax if they had […]


Suppliers

Amazon is Building its Delivery Fleet With an Order for 20,000 Vans

September 7, 2018

Via: Retail Info Systems News

Amazon has ordered 20,000 vans for its new delivery program in which contractors around the country can launch businesses that deliver packages for the online retailer. The company said Wednesday that it increased its van order from 4,500 after it […]


Customer Engagement, Customer Experience

Most Amazon shoppers don’t notice ads

March 26, 2018

Via: Retail Dive

In his argument that Amazon is on pace to become one of the first-ever $1 trillion companies by the end of this year, Morgan Stanley analyst Brian Newark noted a few months ago that its advertising business is formidable, with […]


News & Trends, Others, Tech

21% of US shoppers are using voice or chatbots for commerce

March 8, 2018

Via: Retail Dive

Hands on or hands off, the new generation of virtual assistants is engaging American consumers in a big way — hands down. A wide array of voice devices — now starring smart speakers, but also including smartphones and other computing […]


News & Trends

Five top performers in online retail

April 18, 2016

Via: Internet Retailer

Fast-growing apparel retailer Nasty Gal secures the top spot in Internet Retailer’s first proprietary performance ranking, which takes into account 10 measures of online sales, growth and competitive position. The success of an online retail business can be measured in […]


Suppliers

Amazon Moves To Acquire Its Own Delivery Fleet

March 17, 2016

Via: Innovative Retail Technologies News

Online retailer is leasing 20 freighter jets to help speed up fulfillment and delivery. As Amazon strives to steal customers away from its brick-and-mortar competitors, it has launched a number of new initiatives including testing taxis for same-day delivery; testing […]