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DECEMBER 16, 2020

ContextLogic, which is the parent company for eCommerce giant Wish , saw shares fall 16.4 s largest eCommerce marketplaces, which has become especially relevant as the pandemic has driven people to shop online more than they ever have. percent Wednesday (Dec. 16) for the company's market debut, CNBC reported.

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eCommerce Forecasting Marketing Banking 93

PYMNTS

JUNE 17, 2020

It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. And eCommerce was far and away the category that showed the largest percentage of that growth at 47 percent of the total. For perspective, the next largest growth category was convenience stores at 11 percent.

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eCommerce Retail Sales Forecasting 92

PYMNTS

DECEMBER 4, 2020

billion in revenue, surpassing Wall Street’s forecasts. The Columbus, Ohio-based chain has beat revenue forecasts three times over the last four quarters. The Broyhill brand and the Lot and Queue Line were also launched across 750 stores in the third quarter, with fast scaling of eCommerce proficiencies. million on $1.38

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Forecasting eCommerce Retail Sales 56

PYMNTS

DECEMBER 19, 2019

With the growth of eCommerce sales, the number of products consumers are sending back to retailers is on the rise. A study by commercial real estate services company CBRE, in conjunction with Optoro, found that shoppers are forecasted to return $41.6 billion in products purchased online this November and December.

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Forecasting eCommerce Retail Sales 52

PYMNTS

JANUARY 20, 2021

In announcing its fiscal second-quarter results, the Cincinnati-based consumer goods giant also credited its “constructive disruption” strategy for a 15 percent jump in earnings, which also allowed it to increase its full-year forecast. eCommerce Soars.

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eCommerce Sales Construction Forecasting 117

PYMNTS

OCTOBER 13, 2019

The World Bank has downgraded India’s GDP forecast due to a decrease in domestic demand. Although eCommerce sales in India had a $3 billion gross merchandise value (GMV) during the six-day festive sale — 30 percent higher than last year — it was well below the 93 percent increase from 2017 to 2018. Two things are clear, though.

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Forecasting Banking eCommerce Economics 40

PYMNTS

APRIL 6, 2020

Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. And eCommerce success is dependent upon shipping. Because as anyone who has ordered a nonessential item over the past few weeks can attest, eCommerce shipping has become a guessing game. Where is it located?

eCommerce 71

eCommerce Transportation Prioritization Forecasting 71

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NOVEMBER 24, 2020

While the business-to-consumer (B2C) eCommerce boom has arguably already occurred, the global pandemic is introducing a second wave of digital commerce adoption. Indeed, business-to-business (B2B) eCommerce is a thriving market that, today, is growing even more quickly as a result of the coronavirus crisis.

B2B 72

B2B eCommerce B2C Reconciliations 72

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DECEMBER 28, 2018

In second place was eCommerce rival JD.com, which The Drum reported ended the third quarter with an online market share of 25.8 Meanwhile, Forrester, another market research firm, forecasted the eCommerce market in China to reach $1.8 For 2018, Forrester said the eCommerce market in China will reach $1.1 trillion in 2022.

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PYMNTS

MARCH 24, 2020

In an interview with Karen Webster, James Huang, Payoneer ’s regional vice president of Greater China, said the seismic shifts underway signal a change in how global online consumers interact with Chinese eCommerce sellers. As Huang said, it’s been a challenging time. Inventory Buildup.

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eCommerce Transportation Sales Retail 78

PYMNTS

SEPTEMBER 30, 2020

Big Lots Forecasts Comparable Sales Rise In The 'Mid-Teens'. The discount retailer forecasts diluted earnings per share (EPS) between 50 cents and 70 cents, according to an announcement. “Our GoDaddy Unveils eCommerce Feature For Facebook, Instagram. Big Lots, Inc. said on Wednesday (Sept.

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Forecasting Retail eCommerce Sales 75

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FEBRUARY 24, 2020

Target ’s strategy to concentrate on its eCommerce business has moved the big-box retailer to the No. While growth is strong for Target’s eCommerce business, QVC and HSN owner Qurate Retail Group have dropped. eCommerce market will increase from 1.1 eCommerce market dip in 2020. percent of total online sales in the U.S.

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eCommerce Sales Concentration Retail 60

CFO News

MAY 1, 2024

Invest India forecasts India's e-commerce to soar to $325 billion by 2030, fueled by 500 million shoppers and robust internet penetration. The country's digital transformation is driven by affordable data, smartphone usage, and a focus on rural e-commerce growth.

eCommerce 40

eCommerce Marketing Forecasting Investments 40

PYMNTS

MARCH 1, 2019

In an effort to transition to an eCommerce sales platform, Tesla announced its move to an online-only sales model. Tesla, in fact, forecasts that the move could let the company lower vehicle prices by about 6 percent. According to reports, the store had a lot of branded items but wasn’t as robust as Tesla’s own website.

eCommerce 70

eCommerce Sales Planning Forecasting 70

PYMNTS

JULY 4, 2017

According to the latest findings of the European Ecommerce Report 2017 , it is a good time to be selling online in Europe — especially since online retail growth has been “exponential” over the last several years. During 2016 alone, eCommerce activity increased by 15 percent to €530 ($602 billion U.S.,

eCommerce 71

eCommerce Retail Sales Forecasting 71

PYMNTS

DECEMBER 26, 2019

eCommerce sales hit a record high this year, with more people doing their holiday shopping online,” said Steve Sadove, senior advisor for Mastercard and former CEO and chairman of Saks Incorporated. “Due Online spending reflected 15 percent of the total, up 18.8 percent over the same period last year. Physical stores comprised just 1.2

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eCommerce Sales Retail Forecasting 53

PYMNTS

MAY 29, 2019

With better-than-expected revenues and earnings, DICK’S Sporting Goods ’ eCommerce sales jumped 15 percent in the first quarter. Earlier in the week, Bank of America had forecasted that the retailer would return to same-store sales growth in the second quarter. The retailer reported net income of $57.5 million, down from $323.4

eCommerce 65

eCommerce Sales Forecasting Retail 65

PYMNTS

OCTOBER 30, 2019

Thanksgiving Day eCommerce shopping is anticipated to increase 19.5 Cyber Monday sales are forecasted to be up 19 percent over last year, reaching $9.4 The Adobe Analytics study also forecasted the best days for shopping online, based on retailers’ past price cutting. The study tracked transactions for 80 of the top 100 U.S.

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Forecasting Retail Sales eCommerce 43

PYMNTS

MAY 22, 2020

In today’s top news, China has opted not to set any economy growth forecast amid the uncertainty caused by the pandemic, and Dubai is creating a free trade zone for eCommerce. Dubai Creating $870M Free Trading Zone For eCommerce. Plus, the Office of the Comptroller’s Joseph Otting is stepping down.

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eCommerce Forecasting Economics Currencies 52

PYMNTS

JUNE 2, 2020

As consolidated same-store sales dropped nearly 30 percent fueled by temporary store closures due to the coronavirus, Dick’s Sporting Goods reported that eCommerce sales jumped 110 percent in the first quarter of 2020 compared to the first quarter of last year. Net sales for the first quarter were roughly $1.33

eCommerce 52

eCommerce Sales Forecasting Retail 52

PYMNTS

NOVEMBER 1, 2019

A new report by Moody’s Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with brick-and-mortar operations as well as increasing price wars between companies, according to a report by CNBC. The company slashed the operating profit forecast for 2019 to between 2 percent and 3 percent.

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Forecasting Retail eCommerce Sales 40

PYMNTS

NOVEMBER 1, 2019

With formidable growth in its eCommerce and cloud computing businesses, Alibaba Group Holding Ltd. Sales from the firm’s eCommerce business grew approximately 40 percent to 101.22 According to Refinitiv IBES data, analysts were forecasting revenue of 116.8 billion yuan, Reuters reported. Its total revenue increased to $16.91

eCommerce 40

eCommerce Advertising Forecasting Sales 40

PYMNTS

NOVEMBER 20, 2019

a share forecast pre-release. billion — again beating forecasts for $18.49 percent growth forecast. The headline-making figure of the day, however, was Target’s posted eCommerce growth, which surged 31 percent during the third quarter of 2019. Net income came in at $714 million, or $1.39 Revenue grew 4.7 percent to $18.67

eCommerce 40

eCommerce Forecasting Math Retail 40

PYMNTS

DECEMBER 19, 2018

Forget returns after Christmas morning — a new survey by UPS found that National Returns Day will happen prior to Christmas, underscoring how eCommerce is changing retail and the behaviors of consumers. But that is clearly changing, with UPS saying returns are forecast to reach 1.3 19 is now forecast to have 1.5

eCommerce 49

eCommerce Forecasting Retail Technology 49

PYMNTS

JANUARY 28, 2019

Snapdeal, the Indian eCommerce company, is backing India’s new eCommerce rules that will hurt Amazon.com and Walmart, saying in a letter to the federal government that protests over the new legislation underscore just how necessary is is. Reuters , citing the letter Snapdeal penned on Jan.

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eCommerce Compliance Manufacturing Forecasting 46

PYMNTS

JANUARY 10, 2019

Some might think of eCommerce as a global force, where technology underpins transactions done 24/7, and where even the smallest businesses can see significant top-line gains as they tap new markets. Chinese companies have to work with banks and regulators, increasingly on a daily basis, as they pursue outbound eCommerce.

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eCommerce Compliance Currencies Education 63

PYMNTS

FEBRUARY 8, 2017

As such, the company has decided to shift to an eCommerce focus via the creation of an enterprise-wide eCommerce division. As foot traffic in many brick-and-mortar retail stores has slowed over the last three years, this strategic move to focus on eCommerce couldn’t come at a better time for Newell Brands.

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eCommerce Forecasting Retail Sales 49

PYMNTS

NOVEMBER 15, 2018

As was the case in the previous quarter, eCommerce sales and grocery were big winners for Walmart, and same-store sales logged their 16th consecutive quarter of growth. percent analysts were forecasting. Minus currency headwinds, revenue was $126.1 Same-store sales, the most-watched metric in retail, were up again by 3.4

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Forecasting Currencies eCommerce Economics 46

PYMNTS

FEBRUARY 20, 2018

Stocks are down nearly 9 percent, and the company’s drawn down annual profit forecast has investors wondering if the world’s largest retailer by sales is losing a step in its footrace with Amazon. Walmart is forecasting earnings of $4.75 We were a bit lower than plan [in eCommerce],” CFO Brett Biggs said in an interview. “We

eCommerce 40

eCommerce Healthcare Forecasting Sales 40

PYMNTS

SEPTEMBER 16, 2016

15) revealed that the eCommerce market took a small dip in sales during the third quarter. Q2 saw eCommerce sales increase by 15.8 In fact, the National Retail Foundation released its 2015 economic forecast in February with estimates of just a 3.1 Department of Commerce on Thursday (Sept.

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eCommerce Retail Sales Economics 71

PYMNTS

DECEMBER 17, 2019

The company posted fiscal Q3 earnings results, missing earnings expectations as a result of weak international economic demand hurting sales , and ramped up courier investment challenges in handling the rise in eCommerce deliveries this holiday season. The eCommerce giant recently cut off FedEx Ground for Prime shipments this holiday.

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Forecasting eCommerce Sales Economics 52

PYMNTS

FEBRUARY 8, 2017

As such, it’s no wonder retailers are starting to focus their efforts on eCommerce at a larger rate. The latest large retailer to make the leap over to the eCommerce side is Newell Brands. 1 billion | Newell Brands’ 2016 eCommerce revenue. percent | Newell Brands’ lower-end 2017 forecast for core sales growth.

eCommerce 41

eCommerce Forecasting Sales Retail 41

PYMNTS

SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Matthew Shay, president and CEO of the NRF, cited easing wage stagnation, increasing employment and consumer confidence as factors influencing eCommerce growth. Earlier projections had predicted slower growth for 2016.

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eCommerce Retail Forecasting Sales 62

PYMNTS

NOVEMBER 30, 2016

Overall, it was found that total November eCommerce sales in the U.S. Tamara Gaffney, principal analyst of Adobe Digital Insights, said in a statement : “Cyber Monday is on track to be the biggest online shopping day ever, surpassing our forecast by almost $27 million, or 0.8 This is a new record for the largest day in U.S.

eCommerce 57

eCommerce Forecasting Sales Retail 57

PYMNTS

FEBRUARY 25, 2019

With eCommerce brands opening pop-up shops in big cities, entrepreneurs are now dedicating entire brick-and-mortar stores to these businesses. SHOWFIELDS , which aims to be a place for brand engagement for eCommerce companies, recently arrived in New York City. Hudson Yards . About four in 10 of them — 41.3

eCommerce 55

eCommerce Construction Retail Forecasting 55

PYMNTS

NOVEMBER 16, 2020

US Economic Forecasts Grim Amid Escalating COVID-19. The second-biggest banking deal in the U.S. since the Great Recession is moving forward for $11.6 billion, following weeks of talks. The all-cash deal gives PNC the U.S. unit of Spain-headquartered BBVA. The new combined bank will be the fifth-largest retail bank in the country.

Economics 57

Economics Forecasting Education Accounting 57

PYMNTS

NOVEMBER 14, 2018

And new payment methods are coming to eCommerce sites: Shopify , for instance, announced in October that it was adding Venmo as a checkout option for its Shopify Merchants that use PayPal checkout. Giving customers a familiar way to pay can lessen abandoned eCommerce carts and increase sales for your business.”. percent from 19.3

eCommerce 52

eCommerce Retail Sales Forecasting 52