E-commerce Industry News Archives | Page 3 of 5 | Descartes Sellercloud

US Retail Sales Grew 0.7% in July 2023

Retail sales data for July 2023 has surprised experts with a 0.7% increase. Various factors may have contributed to the rise, but it may be short-lived.

Is Retail Media E-commerce’s Next Top Trend?

Both Walmart and eBay are expanding their retail media operations in-store and online. Could it become a profitable alternative revenue stream?

Trucking Firm Yellow Shuts Down Operations

Yellow is said to be somewhere between $1.3 and $1.5 billion in debt. In 2020, Yellow was approved a Covid pandemic relief loan of $729.2 million, of which it only managed to pay back $230 million.

Top Apparel Retailers Generated $131.56 Billion in 2022

Retailers experienced steady growth in 2022, which is excellent news. Digital Commerce 360 uncovered a variety of interesting stats for the year.

Florida’s 2023-2024 Back-to-School Sales Tax Holiday Begins

Residents of Florida can save money on back-to-school supplies as state sales tax is relaxed. The tax break could boost

US Targets Chinese Fast-Fashion Platforms Temu & Shein

As tensions flare up between the two largest economies, US lawmakers seek to make it more difficult for Chinese fast

Overstock.com Bids for Bed Bath & Beyond’s IP and Assets

Bed Bath & Beyond’s intellectual property and assets could soon belong to ecommerce furniture retailer Overstock.com following a $21.5 million bid.

Reebelo Logs $5.8 Million in Revenue for 2022

Reebelo is a young, rapidly growing electronics reseller from Singapore. Reebelo’s growth is not surprising as the resale market continues

Merchants Must Adapt to Inflation-Hit Shoppers

Shoppers are more cautious because of inflation. Expanding payment options and offering loyalty programs can encourage consumers to return. While

5 Ways Merchants Can Prevent Chargeback Fraud

Chargeback fraud is estimated to cost sellers up to $125 billion globally in 2023. We list the top five ways