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Luxury ecommerce is a tough place to play: That鈥檚 why Cartier owner Richemont is selling Yoox Net-A-Porter to Mytheresa鈥攐ne of the few platforms that has found sustained success.

Really, I mean this is the forefront, at least in my opinion, of consumer-facing generative AI tools within e-commerce. I mean, really what it does is it puts the technology front and center and is asking shoppers to interact with the tool in order to really guide their shopping experience from the get-go. (05:17):.

The retailer plans to expand its physical footprint by opening 500 to 600 shops across Asia, Latin America, and Europe in the next few years. On Monday it teased a potential collaboration with Beyonc茅 in an Instagram post featuring the caption 鈥淚NTRODUCING: A New Chapter.鈥�

I know borders are a big thing in the US election conversation, so my fact is about borders in Europe though. So in Switzerland and Italy, and it's in the news because of glacial melt, so there's an area close to the Matterhorn, which is one of Europe's tallest mountains.

It bought CCV, which will help the company accelerate Clover鈥檚 rollout across Europe. The company also acquired payfac Pinch Payments, which serves merchants in Australia and New Zealand. And Fiserv will acquire Brazilian fintech Money Money to grow its cash flow and financing solutions for merchants in the market.

The high price of producing plant proteins is often passed onto shoppers鈥攚ho have sharpened their focus on value over the past few years and may not see enough value to justify the cost of meat alternatives.

The news: The European Commission asked TikTok, Snapchat, and YouTube on Wednesday for details about their content recommendations systems as it continues to enforce the Digital Services Act (DSA).

Mo毛t Hennessy -owner LVMH buys a stake in French Bloom: The investment represents the first move by Champagne鈥檚 biggest producer into nonalcoholic beverages.

51% of global shoppers say the top reason they shop in-store is to experience products firsthand before buying, according to February data from Criteo.

It鈥檚 launching in seven European markets this year, with a full European rollout expected by spring of 2025. Why it matters: Merchant Information can help banks improve the customer experience: Almost half (45%) of British adults want their banks to provide information on their individual transactions, per Tink research.

The buy gives Mastercard access to Minna鈥檚 relationships across Europe as it pilots a similar subscription service

However, needing to involve debt charities highlights BNPL鈥檚 major flaw: It can potentially exacerbate 蝉丑辞辫辫别谤蝉鈥� financial woes by normalizing unsustainable borrowing. And supporting struggling users won鈥檛 eradicate this problem. Keep reading: Find out more about the challenges BNPL firms face in our Era of Uncertainty: Buy Now, Pay Later report.

Our annual report on ecommerce in Canada highlights our most recent forecasts for all flavors of retail, including brick-and-mortar, digital buying, and mobile commerce.

59% of US shoppers are most influenced by honest creator reviews that showcase the pros and cons of a product, according to a September 2024 survey by Bazaarvoice and Savanta.

Klarna the business chimera: In the high-flying days of zero interest rates, Klarna鈥檚 growth strategy included dabbling in all things related to ecommerce鈥攊ncluding its checkout business. On top of being a bank and a BNPL provider:. It launched a standalone open banking brand, Kosma. It bought and operated social shopping platform Hero for $160 million. It bought price-comparison site PriceRunner.

A2A payments accounted for 18% of Europe鈥檚 ecommerce transaction value in 2023, per Worldpay鈥檚 2024 Global Payments report. In the US, they made up just 5% of ecommerce transactions.

Talks of a Walgreens take-private sale are ramping up again: Walgreens could be divided into three parts if the sale proceeds. We explore the likelihood of a deal going through and what it means for Walgreens鈥� future.