Remove eCommerce Remove Economics Remove Numbers Remove Restructuring
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Retail Payrolls Take An ECommerce Hit

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Changing eCommerce and technological shifts in the retail space are now impacting payrolls. government, the number of jobs lost in general merchandise stores hit a new low at 34,700 in March, The New York Times reported. According to a new report from the U.S.

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Chapter 11 Filings Are Up 43 Pct YOY

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She said there could be more cuts coming due to adverse economic conditions. “We We may be on borrowed time for job cuts in a number of industries…that were not necessarily distressed when we entered the pandemic,” she said, according to WSJ. The bankruptcies so far this year include prominent old department store names such as J.C.

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Stripe Says SCA Puts Billions Of Online Sales At Risk

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Amazon , Worldpay , and Stripe — the eCommerce and payment companies — are expressing concern that a lack of preparedness by the industry to new EU security regulations could put billions of dollars of eCommerce purchases at risk. Collison said the rules will require every European merchant to restructure their checkout process. “It’s

Sales 66
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Manifesting Retail’s Week Of Revolution

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We’ve seen Ralph Lauren come close to economic trouble, arguably because the department stores and boutiques that have not been open for a good part of Q2 have either underperformed or have not performed at all. But they have evolved enough to send consumers happily to eCommerce sites.

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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

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Even eCommerce giant Amazon had to switch its priority to shipping essential household and medical items amid delivery delays. That means that while Amazon and other eCommerce players were forcing customers to wait weeks, Walmart was more or less able to honor delivery windows measured in days by leveraging its store network.

Retail 88
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Open Banking, Synthetic ID Fraud, Supplemental Jobless Benefits Top This Week’s News

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Nike Restructures Corporate Leadership In Digital Push . Salesforce has grown its Order Management products such as the function for firms to allow eCommerce shoppers finish transactions without exiting social media platforms. Treasury Secretary Steven Mnuchin Monday (July 20) to determine their must-haves for the new legislation.

Banking 63