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E-Commerce
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Orveon, the beauty collective behind brands Laura Mercier, BUXOM, and bareMinerals, is shifting its focus and betting big on e-commerce. Since acquiring the three brands almost two years ago, online sales now account for nearly 37 percent of total revenue. In this video interview, Brinn Garner, chief revenue officer, U.S. at Orveon Global, discusses the business, herโฆ
As artificial intelligence tools go mainstream and companies look to harness their full potential, itโs logical for online retailers to integrate the technology into their selling strategies. E-commerce already offers key benefits around data collection, and AIโs capabilities promise to make vendors smarter and more agile in improving their approaches. However, that doesnโt mean thatโฆ
Online shoppers rely on product content to make their purchase decisions. In fact, 70 percent abandon their carts due to low-quality product content or a lack of content entirely. The key to decreasing abandonment rates and closing sales? Compelling product detail pages (PDPs). A PDP houses all product content on an e-commerce site and givesโฆ
HomeGoods is shutting down its online store. The discount home decor chain, which is owned by TJX Companies, sent an email to customers Wednesday announcing that it would stop offering online shopping after Oct. 21. TJX reported in August that net sales from e-commerce were less than 2 percent of total sales in its most recent quarter. HomeGoods launched itsโฆ
Are you ready for the holiday shopping season? While it may seem like itโs still a ways off, the reality is now is the time to put in place one of the most important tools you have for keeping your e-commerce business alive and well: a network contingency plan. Even the Big Retailers Feel theโฆ
As store shelves fill with fall favorites, itโs hard to ignore the beginning of the U.S. winter holiday shopping season โ and the uptick in American spending that typically goes with it. The frenzy from late September through the new year is a well-established critical time for retailers, which count on the โGolden Quarterโ for aโฆ
For e-commerce brands, the holiday online shopping rush often comes with numerous opportunities. A seasonal window to gain the attention of new shoppers through discounts, drive higher conversion rates, and build stronger loyalty with current customers. This year, many retailers hope to maintain the e-commerce sales success they experienced during the pandemic, even though consumersโฆ
Consumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a weakening economy. Retail sales rose 0.7 percent on the month, well above the 0.3 percent Dow Jones estimate, according to the advance report the Commerce Department released Tuesday. Excluding autos, sales were up 0.6 percent, also wellโฆ
This week saw Amazon.com host its second Prime Day sale of 2023. The two-day sale event, which is exclusively for Prime members, is viewed by many as the unofficial start to the holiday shopping season. How did this most recent sale event compare to its predecessor in July, as well as year-over-year? Numerator, the consumerโฆ
Despite encouraging economic numbers, about half of American consumers feel sour about the nationโs economy. While consumers are still shopping, theyโre often looking to trim spending and will be cautious about their dollars over the next year. And with retail sales slowing, there's mounting pressure for brands to win more share of wallet. As the retail experience hinges increasingly on digital experiences, brands must ensure that theyโฆ