The Latest Breaking News from e-commerce

More than 15,000 Amazon contract drivers filed claims against the e-commerce giant to seek compensation for overtime hours and unpaid wages.

GameStop’s (GME) preliminary first-quarter 2024 results reveal a drop in net sales and significant losses. The retailer faces challenges from reduced demand for physical games and heightened competition from e-commerce giants. Let’s find out if GME can weather the storm and sustain momentum in the gaming sector. Read more.

The secondhand platform boasts up to 1.2 billion monthly users, with Gen Z and millennials flocking to the site in search of hidden gems.

The BestChange service, launched back in 2007, stands out in the volatile e-commerce market thanks to its long time in the business.

Hedge funds are turning to Japan for investment opportunities in technology, healthcare, and e-commerce due to its resilient economy and market leadership.

Persistent inflation and high interest rates are significantly affecting consumer spending. Despite this, the retail industry is set for long-term profitability, driven by shifting consumer tastes, technological innovations, and e-commerce growth. Amid this, retail stocks Grocery Outlet (GO), Dollar Tree (DLTR), and Dollar General (DG) are best avoided now. Read…

Explore the best CRM solutions that help small businesses collaborate and drive revenue.

Renowned investor Ken Griffin upped his stake in Amazon rapidly as the tech firm continues to leverage AI in AWS and e-commerce to boost sales and net income.

The retail sector is thriving due to the growth of e-commerce, technological advancements that simplify and personalize shopping, higher consumer spending, evolving shopping habits, and improved supply chain management. Therefore, it may be wise to consider investing in retail stocks Tesco (TSCDY), DFI Retail Group Holdings (DFIHY), and Kroger (KR)…