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Activist Investor Pushes eBay To Unload Online Classifieds

PYMNTS

4, eBay got a letter from Starboard amping up its pressure to bring eBay back to its core business by selling its online classified unit. Starboard is losing its patience even though eBay’s online classified business delivered revenue of $269 million in Q4, up 3 percent on an as-reported basis and up 6 percent on an FX-Neutral basis.

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Amazon Puts New Online Grocery Customers On Hold

PYMNTS

In addition, hours at some physical locations of Whole Foods stores have been curtailed to allow for restocking and others are now focusing exclusively on fulfilling online grocery orders as the coronavirus pandemic accelerates demand beyond capacity. . “In Many shoppers still cannot place orders for delivery due to a lack of time slots. “We

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Grocery Tracker: Food Markets’ Lag In Online Presence

PYMNTS

In other organic grocery news, former Sprouts Farmers Market CEO and current Chairman Doug Sanders is reportedly stepping down from his board position effective Feb. Overall, online retail in the U.S. In 2015, grocery purchases accounted for less than 2 percent of the $341 billion spent online. 20 of next year.

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Grocers Pilot Micro-Fulfillment Centers To Speed Up Online Orders

PYMNTS

The shop owners are looking to see if automation can make deliveries quicker while keeping costs down, as they work with a new roster of companies that seek to increase the efficiency of online order fulfillment in a small amount of space, The Wall Street Journal reported. Online orders still comprise a small portion of the U.S.

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Foot Locker Invests $100M In Online Sneaker Reseller Platform

PYMNTS

Legacy retail company Foot Locker has invested $100 million in Goat Group, an online platform that sells and resells rare and classic sneakers, according to reports. Eventually, the two companies will collaborate for an online presence as well as in physical stores, to offer customers exclusive shopping opportunities. million so far.

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Predicting the Future? Digital Banking in 2015

Banking 2020

As 2014 comes to an end, we’ve been reviewing the trends, articles and news that kept us talking this past year and started thinking about what will come in 2015. So, to find out what we may be able to expect from 2015, we looked to our readers and collaborators to see what they think next year has in store.

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Eastern Europe Online Retail Sales Continue Double-Digit Growth

PYMNTS

According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. Cards are the most common means of online payment in Turkey, Russia and a few other Eastern European countries.

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