Clipart today’s ranking: What’s the e commerce business up to?

This week, the company released its annual e commerce earnings report and found it had revenue of $1.6 billion for the quarter, up 25 percent from the previous year.The company says that the rise in e commerce spending helped it to post a 25 percent year-over-year increase in ad revenue and profit.The firm says it […]

Canada’s e-commerce market is the fastest growing, research shows

Ecommerce is booming in Canada, but some of the country’s biggest retailers are struggling to stay afloat.According to the annual report by the Canadian Federation of Independent Business, the e-business sector is expected to grow about 7.5 per cent in 2017, up from 7.1 per cent a year ago.The sector is now worth $18.9 billion.The […]

When to buy: Walmart in its prime

Walmart is moving quickly to expand its ecommerce business, announcing plans to add hundreds of thousands of new customers to its online store in the next three years.Walmart said on Monday that it would open about 1,000 stores in the U.S. and Mexico next year, as it works to fill its full inventory of merchandise.The […]

‘This is a sad day for Australia’ – ‘It’s an unfortunate situation’

Ecommerce site Tesco has been forced to pull all of its ecommerce listings from Australia’s most popular shopping site because of a security breach.The retailer said it was aware of the breach, which was discovered by a security researcher on Friday, and has begun the process of removing all of the products it currently sells […]