Tag: E-commerce

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Wayfair to exit Germany, cut 730 jobs in latest layoffs

Wayfair to exit Germany, cut 730 jobs in latest layoffs

Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth dri [...]
The Shopification of Wealth

The Shopification of Wealth

Just as Shopify democratized e-commerce, enabling millions to open online stores, on-chain rails are poised to lower the barriers to entry in the fina [...]
Wayfair to open first large store outside of Chicago

Wayfair to open first large store outside of Chicago

Wayfair store in Wilmette, Illinois.Courtesy: WayfairWhat retail apocalypse?Online home goods retailer Wayfair is opening its first namesake store, ne [...]
Spending and ethics in focus

Spending and ethics in focus

TikTok has officially launched its e-commerce service TikTok Shop in the US. Costfoto | Nurphoto | Getty ImagesConsumers are increasingly turning to s [...]
Overstock.com shares spike after company announces website rebrand

Overstock.com shares spike after company announces website rebrand

Jonathan Johnson, CEO, Overstock.com, June 29, 2023.Scott Mlyn | CNBCShares of Overstock.com rocketed 19% higher on Thursday, a day after the e-commer [...]
News Corp Says Lower Book Sales on Amazon, Foreign Exchange Weigh on Results

News Corp Says Lower Book Sales on Amazon, Foreign Exchange Weigh on Results

BusinessEarningsWall Street Journal parent Dow Jones was lone unit to post revenue growth in latest quarter news.google.com [...]
Capital A to benefit from tightened economy: CEO Tony Fernandes

Capital A to benefit from tightened economy: CEO Tony Fernandes

Tony Fernandes, chief executive officer of Capital A.Chris Ratcliffe | Bloomberg | Getty ImagesDespite soaring oil prices and weakening currencies, th [...]
Fanatics is in talks to buy sports betting company Tipico, sources say

Fanatics is in talks to buy sports betting company Tipico, sources say

Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta.Paul R. Giunta | Invision | APFanatics, the sports m [...]
Shopee, Garena post strong revenue

Shopee, Garena post strong revenue

Singapore, Singapore - 2021: A large Shopee logo at the entrance to the e-commerce platform's headquarters at Science Park. (Exact photography date un [...]
How an Etsy founder feels about the e-commerce giant today

How an Etsy founder feels about the e-commerce giant today

Executives of Etsy applaud as they open the Nasdaq MarketSite ahead of Etsy's initial public offering in New York, April 16, 2015.Michael Nagle | Bloo [...]
Fanatics aims to be $100 billion company

Fanatics aims to be $100 billion company

Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta.Paul R. Giunta | Invision | APSports e-commerce comp [...]
How Block (Square) avoided death by Amazon

How Block (Square) avoided death by Amazon

Block co-founder Jim McKelvey.CNBC | NBC Universal | Getty ImagesBARCELONA — In 2014, Amazon launched a product that sounded strikingly similar to som [...]
What really happens to them?

What really happens to them?

Sending back an online order has never been easier. It's often free for the customer, with some retailers even allowing customers to keep the item whi [...]
5 big issues from regulation and EVs to semiconductors

5 big issues from regulation and EVs to semiconductors

A technologist inspects a computer chip.Sefa Ozel | E+ | Getty ImagesGUANGZHOU, China — China's technology sector has taken a wild ride over the pa [...]
Macy’s CEO, department store veteran, fights the Amazon future

Macy’s CEO, department store veteran, fights the Amazon future

The entrances at Macy's are decorated with Christmas decorations on December 04, 2020 in New York City.Roy Rochlin | Getty Images Entertainment | G [...]
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