News

28 March 2023

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…..

28 March 2023

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…..

28 March 2023

Destination XL Group uses stores to help promote 

DXL’s online customer base is growing. On March 16, DXL told investors its digital commerce sales grew 58.3% from fiscal 2019-2022. Digital commerce sales are…..

28 March 2023

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…..

28 March 2023

Amazon to cut another 9,000 jobs

Amazon.com Inc. is laying off an additional 9,000 employees, adding to cuts that were already the largest round of firings in the company’s history. CEO…..

28 March 2023

Williams-Sonoma ecommerce accounts for 66% 

Williams-Sonoma Inc. reported March 16 that revenue grew to $8.674 billion in its fiscal 2022, which ended Jan. 29, 2023. That’s a 6.5% increase year…..

28 March 2023

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…..

28 March 2023

How Has Fortnite Impacted the Gaming and Media World?

Sponsor content is created on behalf of and in collaboration with Eldorado.gg by DigitalCommerce360. Our editorial staff is not involved in the creation of the…..