Category: business
Silicon Valley Bank’s collapse hit the ecommerce world
Silicon Valley Bank’s (SVB) rapid downfall led to rippling effects in the ecommerce world. The bank backed technology and ecommerce startups over its 40-year history. It sent…..
Zara owner Inditex plans to invest in stores
Inditex plans to expand its store network for the first time in four years. It has plans to introduce the Oysho chain to the United…..
The younger consumer favors omnichannel shopping
Omnichannel shoppers are active participants in many activities, from buy online, pick up in store (BOPIS) to buying for same-day delivery. They favor in-store and…..
Consumers are buying more groceries online
Adobe just revealed online shopping trends from 2022, including growth of groceries and furniture; an increase in consumers using buy now, pay later (BNPL); and…..
Walmart cuts staff at some US ecommerce warehouses
Ecommerce sales represent 13% of Walmart’s total global sales. The retailer said digital sales rose 17% year over year in its fiscal Q4. Walmart Inc……
AI helps Mars Petcare increase conversion by 30%
Machine learning software enables Mars Petcare to measure how appealing pet food images are to online consumers. Key takeaways: Mars Petcare understands what shoppers like…..