They launched BMO Bill Connect, which helps SMBs automate bill pay, digitize invoicing, and monitor cash flow.
Adidas will rely on wholesale to help dig it out of its Yeezy hole: But weak demand from retail partners could delay its comeback.
Paid sharing will cost Netflix viewership in 2023: The streamer must avoid losing the long-term loyalty of Gen Z.
The digital game storefront market shouldn’t be overlooked: Epic Games is taking shots at industry leader Valve’s loose rules in the standard-setting storefront space.
The labor market is extremely challenging for retailers and restaurants: Quit rates are on the rise, which is making it difficult for companies seeking to improve the customer experience.
This year, we forecast that Walmart’s digital ad revenue growth will outpace Google, Meta, and even Amazon. This success is driven by updates made to Walmart’s retail media platform as well as partnerships to help advertisers activate across channels like social and connected TV. “You know [how they say] crawl, walk, run? We’re getting to that walk/run phase now where our platform is maturing,” said Rich Lehrfeld, senior vice president and general manager at Walmart Connect.
The mix of flexible working arrangements banks and fintechs offer could create recruitment advantages for opportunistic firms.
Shopee’s strong Q4 helped power Sea Ltd to its first quarterly profits: The ecommerce marketplace used its dominance to extract more fees from sellers, even as gross orders fell.
Widespread and persistent discounting hurt thredUP’s sales in Q4: But the resale platform thinks the tide will turn in 2023 as retailers trim inventories and shoppers look for deals.
Threecolts wants to help Amazon sellers level the playing field: The London-based startup raised $90 million to give merchants the tools they need to build a sustainable business on the marketplace.
Macroeconomic headwinds and tight competition might’ve complicated Affirm’s growth efforts in Australia.
In-store shopping remains the largest US retail channel by both share and dollars. Growth overall will decelerate as economic worries lead consumers to pull back on spending.
JD.com’s revenues rose 7% in Q4: That’s a rapid slowdown from 23% growth a year earlier as COVID restrictions caused consumers to pull back spending.
Apple makes India its own sales region: The move reflects the country’s growing importance to Apple, which generated record revenues in India in Q4 and will soon open retail stores in the nation.
At least 10% of US ecommerce orders were returned each week from last November through mid-January, according to Salesforce. The return rate was as high as 16% in some weeks, a significant increase over the previous holiday season.