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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. Doubling down on merchants outside of China. The company also signed a new partnership with South Korean logistics provider Rincos to streamline processes for its Korean merchants and onboarded a number of U.S.

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COVID-19 Has Transformed Wine Shopping. Here’s How Vivino Is Adapting

Retail TouchPoints

Vivino , an online wine marketplace and app, is capitalizing on this growth by doubling down on its user-driven ratings process and personalized tools and features. In 2010, when I founded Vivino, there was no easy way to pick out a good wine and I wanted to solve this using the opinions of wine drinkers — not individual critics.

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Retailers ask Congress to give them the means to bypass Mastercard and Visa

Retail Wire

A group of more than 1,600 merchants is asking Congress to pass legislation that would give them the option of using networks other than Mastercard and Visa to process credit card transactions. Mastercard and Visa account for 77 percent of all credit card spending in the U.S., according to the Nilson Report.

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Merchants call on Fed to cut debit card swipe fees

Mass Relators

WASHINGTON – The Merchants Payments Coalition on Tuesday called for the Federal Reserve to revise debit card swipe fee rules to reflect lower bank costs. The swipe fee regulations were adopted a decade ago, and a new Fed report shows that banks’ average cost of processing the transactions has since fallen by half.

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11 Things to Know About China’s eCommerce Market

Indigo 9 Digital

billion annual active customers last year while JD.com had 552 million active accounts in the year ended September 2021. More than a decade ago in 2010 JD.com started offering same day and next day delivery and claimed it was the first eCommerce company in the world to do so. Digital Payments. Alibaba has a 47.1% Alibaba had 1.3

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“The soil needs to be fertile for change”: Inside Freedom’s transformation

Inside Retail

Prior to leading Freedom, he was at Harvey Norman Ireland, which he transformed within a period of five years, guiding it out of deep losses following the Irish economic collapse in 2010. Why product is the ultimate source of value…and the problem with having an accountant at the top of a business.

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Jason & Scot Show Episode 270 – Microservice based commerce platforms with Kelly Goetsch

Retail Geek

DSW shoes and Taylor a lot of those Mall brands that were big atg customers back then and I started getting involved with the different Walmart accounts there my first one actually was it was a combination between Blockbuster and Walmart. And the website was movie downloads. grocery was the very first u.s.