Retail & Ecommerce

BigCommerce sees ecommerce as “mission critical”: The ecommerce platform’s strong Q2 growth reflected businesses’ continuing investment in online retail, even as growth slows.

Lyft creates media unit to expand ad business: While the move should diversify its business model, this hardly makes the company as differentiated as Uber.

7-Eleven invests in rapid delivery with latest acquisition: The convenience store chain hopes to use delivery startup Skipcart’s expertise to challenge Gopuff, but the costs could outweigh the benefits.

Retailers in Latin America will face a slew of macroeconomic challenges this year as rapidly changing market conditions weigh heavily on consumers’ minds—and wallets.

When it comes to online shopping, 61% of US consumers begin their product hunt on Amazon, close to half on a search engine like Google, and 32% on Walmart.com.

Amazon looks to give itself a boost before the next Prime Day: The ecommerce giant is purchasing Roomba maker iRobot for $1.7 billion.

Luxury brands look beyond traditional retail centers to drive growth: Gucci, Prada, Balenciaga, and others are opening stores in new markets and fast-growing cities to capitalize on strong demand for designer products.

Consumers aren’t cutting back on food delivery: DoorDash’s Q2 revenues beat expectations, but the company still can’t make delivery profitable.

Block’s gross payment volume surged 23% YoY in Q2—but total net revenues dropped 6% YoY as a result of Bitcoin losses.