1. Channel: Marketplace
The earth is changing, and so is the way consumers shop. With 77% of Americans concerned about the environmental impact of products they buy, retailers are revamping their business models to improve both the planet and their balance sheets. For years, the fashion industry has faced backlash for its climate-harming practices. Consider these facts: one new garment takes 77 […]
  1. Technology & Innovation
With global e-commerce sales poised to be a $5.5 billion industry this year, startups in the e-commerce enablement software space are looking to carve out a niche in this huge market. One of those is Because, a startup developing no-code software connecting disparate data sources to automate high volumes of website updates. Founder and CEO […]
  1. Channel: Ecommerce & Digital
Business Insider reports on how “retailers are gunning for advertising dollars. “Retail ad is predicted to grow 31% to $41 billion this year, and, Amazon, Walmart, Instacart, and others are building ad businesses to get a piece of it. “They’re betting on the growth of e-commerce and the hope of offsetting retail’s thin margins by […]
  1. Operations & Supply Chain
Loop Returns, the return platform for Shopify brands such as Allbirds, FIGS, Princess Polly and Chubbies, has joined with its competitor Happy Returns by PayPal to offer box-free, label-free drop-off for U.S. consumers at 5,000 Return Bars across the country. The Shopify brands use the Loop platform to help them retain revenue with returns, which […]
  1. Trends & External Forces
When retail stores shut their doors in March 2020, many industry observers adopted a dismal view of the future of physical retail. By the end of the year, retailers had closed over 8,700 stores in the United States.  At the same time, the ecommerce growth rate more than doubled, according to the U.S. Department of Commerce. As […]
  1. Shopper & Customer
During the pandemic especially, it’s become overwhelming for small- and medium-sized businesses (SMBs) to answer all of their customer service requests. A Freshworks survey found that companies experienced a 71% increase in overall contact volume between February 2020 and January 2021, and expect it to increase further. At the same time, customers — while empathetic […]
  1. Technology & Innovation
Canadian ecommerce giant Shopify has launched a partnership with online coupon redemption platform Student Beans. Student Beans offers exclusive coupons for students and provides free coupons to allow savings to… The post Shopify partners with Student Beans to launch student verification technology appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Shopper & Customer
SAN FRANCISCO–(BUSINESS WIRE)–Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced today a multi-year extension of its partnership in the U.S. with Shopify, a provider of essential internet infrastructure for commerce. The agreement cements Affirm as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. In connection […]
  1. Shopper & Customer
For most brands, winning endorsement from Kim Kardashian, with her 290 million Instagram followers, is the stuff dreams are made of. For oral cosmetics brand Snow, the Kardashian seal of approval is one in a long line of celebrity recommendations, including from film stars such as Chris Pratt, TV legends such as Ellen DeGeneres, and […]
  1. Technology & Innovation
Non-fungible tokens (NFTs) have taken the art world by storm by creating ways for musicians, designers, and other creatives to control how their work is distributed.  Retailers have also begun experimenting with NFTs via token gating, a strategy that gives token holders access to exclusive products, experiences, content, and more.  More
  1. Shopper & Customer
“We’ve already established what you are, now we’re just haggling over price.” – A less than PC old joke It’s hardly news that the retail industry is responsible for too many self-inflicted wounds. At the top of this list, perhaps, is many retailers’ long-term reliance on aggressive discounting to drive top-line sales. This has taught many […]
  1. Channel: Ecommerce & Digital
Has Amazon just made its prime membership even more compelling? The ecommerce giant recently announced its ‘Buy with Prime’ (BwP) programme, a new initiative that lets third party retailers use… The post Deep dive: Is Amazon’s Buy with Prime really ‘bad news’ for Shopify? appeared first on Latest Retail Technology News From Across The Globe […]
  1. Channel: Ecommerce & Digital
Longtime Austin, Texas residents Min and Jenna Choe started out entertaining family and friends at home and are now setting out to create a Chinese restaurant empire based on online ordering and delivery. In the South, entertaining and cooking go together. Fittingly, there is a longstanding joke in the Choe household about Jenna’s inability to […]
  1. Channel: Marketplace
Imagine this: Someone admires your product, picks it up or tries it on, and then pays you for it in front of your eyes. There’s something about this feeling that selling exclusively online just can’t match. Call it connecting with your customers or getting a crash course in retail, but giving craft fairs and art shows a […]
  1. Channel: Marketplace
The retail industry was in the midst of transformation well before the pandemic.  Customers were already craving more engaging online shopping experiences—and the pandemic only accelerated this, with an astonishing 75% of U.S. consumers trying new shopping methods in response to economic pressure, store closings, and changing priorities during the pandemic. In response to these shifting […]
  1. Shopper & Customer
KEY POINTS Shares of Etsy, Shopify, Wayfair, Poshmark and a number of other e-commerce retailers fell Thursday. E-commerce transactions have declined 1.8% from a year ago, while in-store sales rose 10%, Mastercard SpendingPulse said in a new report. The decline in online retailers came as a broader sell-off walloped stock markets Thursday. Shoppers are eager […]
  1. Technology & Innovation
Shopify today announced that it will acquire Deliverr, a San Francisco, California-based ecommerce fulfillment startup, for $2.1 billion in cash and stock. The deal, rumors of which were reported in April by Bloomberg, is the largest acquisition in Shopify’s history, and Shopify founder and CEO Tobi Lütke says that it will enable the company to […]
  1. Operations & Supply Chain
Alex Wilhelm Contributor Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor Will the corporate venture boom lead to an M&A frenzy? As Dropbox heads into earnings, it desperately needs a win The leading story in technology-land this morning is the multi-billion dollar […]
  1. Channel: Marketplace
Shopify is to acquire Deliverr, an e-commerce fulfilment startup, for $2.1 billion in cash and stock.  This is the largest acquisition in Shopify’s history, with Founder and CEO Tobi Lütke saying that it will enable the company to create an “end-to-end logistics” platform for millions of merchants. “Our goal is to not only level the […]

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Editor’s Choice

  1. Channel: Delivery
  2. Channel: Delivery
  3. Department & Category
  4. Channel: Ecommerce & Digital
  5. Acquisitions, Divestitures & Mergers
  6. Corporate Strategy
  7. Corporate Finance
  8. Partnerships & Alt Profit
  9. Department: Food
  10. Data & Insights
  11. International
  12. Shopper & Customer
  13. Technology & Innovation
  14. Trends & External Forces
  15. Merchandising
  16. Operations & Supply Chain
  17. Stores & Formats
Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation.
  1. Shopper & Customer
  2. Agencies & Vendors
  3. International
  4. Shopper & Customer
  5. Associates & Employees
A consumer confidence monitor that has been running since 1974 recorded its lowest-ever score this month. The well-established GfK index was down to -40 for May, meaning consumers are less confident now than at any time for nearly half a century. Joe Staton, client strategy director at GfK, said: “This comes as UK unemployment hits […]
  1. Department & Category
  2. Channel: Ecommerce & Digital
  3. Channel: Restaurants
  4. Department: Food
  5. Media & Marketing
  6. Data & Insights
  7. International
  8. Shopper & Customer
  9. Trends & External Forces
Giving credit where credit is due.  The grocerant niche filled with Ready-2-Eat and Heat-N-Eat fresh prepared food continues to drive top-line sales and bottom-line profits in every channel of retail foodservice.  According to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions® the recent insights by the NPD group show just have important the […]