| View Article | www.msn.com Many are forecasting bad news for this Black Friday and Cyber Monday . Revenue generated from the fourth weekend in November has increased just about every year, but is this the year we see the trend busted? A recession, inflation and the complete reopening of retail have many in the…
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| View Article | www.retailtouchpoints.com Retailers face an average 75.7% cart abandonment rate on their websites, resulting in an estimated $111 billon to $136 billion in lost revenue each year. The drop-offs are driven by a lack of checkout optimization, with the top three reasons for shoppers abandoning their carts being extra costs, such as…
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| View Article | www.prunderground.com Shopifreaks ensures that you never miss the most important e-commerce industry news. This is a summary recap of the week’s top stories, which are covered in depth in the newsletter. STAT OF THE WEEK: Amazon has over a thousand Rivian electric vans making deliveries in the U.S. They’ve delivered over…
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| View Article | www.chargedretail.co.uk Etsy is rolling out a new visual image search feature to help shoppers locate similar products on the site, starting with iOS users, Retail Dive reported. To use the feature, consumers must tap the camera icon in the search bar on the Etsy mobile app. A picture can then be…
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| View Article | multichannelmerchant.com (NASDAQ: ACIW), a leading global provider of real-time digital payments software. The spending predictions reflect that consumer optimism is holding strong, despite inflationary pressures and limited inventory, and beat last year’s predictions for the same period (14%). “Consumers are quietly optimistic with their holiday season spending, but will be more…
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| View Article | menafn.com Share on Facebook Tweet on Twitter ( MENAFN – Financial News Media) data-id=’165ecfe1′ data-element_type=’widget’ data-widget_type=’theme-post-content.default’> Palm Beach, FL – November 8, 2022 – News Commentary – eCommerce sales for businesses have been steadily increasing for years, and with the migration of virtually all transactions to digital due to the COVID…
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| View Article | www.pymnts.com Relative to other kinds of eCommerce merchants, direct-to-consumer (D2C) brands are providing the most user-friendly checkout experiences, a key competitive advantage when it comes to driving sales and building loyalty. By the Numbers Research from “Building A Better Online Checkout Experience: The Key Features That Matter To Customers,” created in…
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| View Article | www.pymnts.com Footwear giant Skechers is seeing its eCommerce investments pay off. The company shared Tuesday (Oct. 25) in its third-quarter 2022 earnings announcement that direct-to-consumer (D2C) sales were up 12% year over year. “As one of our key long-term growth strategies, the investments we are making in our direct-to-consumer segment are…
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| View Article | www.chargedretail.co.uk Apple’s ecommerce sales have surged a huge 97% in just two years, racing into third position behind Amazon and JD.com in the US. “The trend is clearly evident that Apple is benefiting from the global move to e-commerce and away from brick-and-mortar stores,” TradingPlatform analysts told Internet Retailing. “ The…
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| View Article | www.raconteur.net The return to normal life this year has made the ecommerce boom of the prior two years – when online buying surged – seem a distant memory, replaced by diminished sales, layoffs and reduced growth expectations. The first half of 2022 has seen a wave of layoffs and spending cutbacks…
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