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Deliverr Vying To Become ‘Uber’ Of Ground Shipping In eCommerce

PYMNTS

Before Michael Krakaris co-founded an online fulfillment platform for eCommerce merchants, he learned firsthand how companies could reinvent messy spaces with software. After working for that firm, Krakaris went to an eCommerce company that built websites for brands.

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Big eCommerce Performance Powers Target’s Big Q3 Beat

PYMNTS

And while Walmart or Amazon might argue with Target’s characterization of its fulfillment options in terms of convenience and ease as “unmatched,” the numbers on the page today are much, much harder to argue with. When customers come to the store to pick up orders on top of that, he said, 90 percent of the eCommerce-related costs go away.

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Pokémon’s New Retail Customer Acquisition Math

PYMNTS

PYMNTS sat down with Revel’s CTO Chris Ciabarra to get the inside skinny about the Pokémon Go retail’s effect -which has been undeniably profound by the numbers. If you want to put a number on that, it averages out to about $2,000 to weekly gross sales.”. By The Numbers.

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Why eCommerce Will Create More Jobs Than It Kills

PYMNTS

In fact, he notes, he believes eCommerce will have an opposite effect and create more retail jobs at better wages. Mandel, when he did a count on job statistics, found that eCommerce (when you add in all those distribution and warehouse jobs) had actually added 397,000 jobs to the U.S. I’m just looking at the numbers.”.

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Walmart Drops $500M To Build 47 New Stores In India

PYMNTS

According to CNBC-TV18 , the new stores would take the total number of Walmart locations in India to 70. We are planning to take the total number of stores to 70 by 2022. That is the plan and we will also have eCommerce space in all the stores. So you can do the math. Yes, it needs $500 million,” Iyer said.

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Debit Surge Has Ripple Effects On Networks And Issuers

PYMNTS

PYMNTS’ own research has shown that 59 percent of more than 2,270 consumers are finding it harder to pay their bills, and of those who were determined to be living paycheck to paycheck, only 30 percent of respondents said they prefer to pay for their eCommerce purchases with credit cards; about half opt for debit cards.

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Fifth Annual Breakthrough Prize Awarded

PYMNTS

The fifth annual Breakthrough Prize awards were doled out yesterday to researchers in the fields of fundamental physics, life sciences and math. Hosted at NASA’s Ames Research Center in Silicon Valley, the Breakthrough Prize awards celebrate the year’s biggest achievements in the sciences.

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