McKinsey’s new research report, with insight on shifting consumer sentiment over a five-week timeframe of the global pandemic in 42 countries is an eye-opener. Researchers gauged consumer sentiment between the week of April 2 through the week of May 3 and what they found was ...
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E-commerce
E-commerce
Fraud prevention and payments leader Forter is closely monitoring the buying trends of consumers and the incidence of fraud during the pandemic and looking ahead to the future. Forter’s May 2020 report on e-commerce purchase trends provides both hope and strategic intelligence for online merchants ...
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Welcome to our Friday payments, fintech, and e-commerce news roundup with the business intelligence to keep you ahead of your competition. It was a busy week with much research on post-COVID-19 projections and possibilities and lots of new product announcements that caught our attention. PayPal ...
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US Department of Commerce statistics showed a worst-ever record 9% decrease in April 2020 US retail sales as COVID-19 stay-at-home orders hit the retail sector hard. One small bright spot was a 20.5% increase in non-store channels, primarily online sales, the second-largest ever recorded. Online ...
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The list of layoffs and Chapter 11 bankruptcies has now grown to include hallmark retailers including Forever 21, Pier 1, J Crew, Neiman Marcus, Stage Stores, Laura Ashley and Debenhams in the UK, and JCPenney late last week. It’s not a pretty picture despite some ...
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Welcome to another weekly Friday fintech, payments, and e-commerce news and business intelligence roundup. I don’t know about you we’re ready to start barbecuing even if it requires us to keep a social distance from the hamburgers until they’re cooked. We’re getting ahead of ourselves, ...
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A new quarterly analysis of global online fraud trends found the telecommunications, e-commerce, and financial services industries were increasingly impacted along with Millennials among the victims most targeted by fraudsters using COVID-19 scams. Global fraud and identity solutions company Trans Union used the March 11, ...
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Global fraud prevention company Forter is tracking weekly online spending and the results during the COVID-19 crisis have proved fascinating. Based on Forter data tracking in the past several weeks and looking ahead to Mother’s Day, e-commerce sales look encouraging in several sectors including jewelry ...
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Companies are struggling with the need to move their business online rapidly wherever possible in order to survive during the coronavirus crisis and to plan for new post-pandemic behaviors by consumers. New consumer purchase behaviors are evolving quickly including increased online shopping, heightened delivery expectations, ...
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While most US small businesses are shut down, unable to operate online, and facing possible permanent closures, some companies have seen dramatic sales growth during the coronavirus pandemic. Initially, in March, consumers reacted with panic buying of essentials such as medical products, hand sanitizers, toilet ...
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