“We’re forecasting that ecommerce spending this year will be somewhere between $850 billion and $930 billion,” says John Copeland, Vice President of Marketing Science and Customer Insights at Adobe. This would be a 14 percent increase over last year.
Retail & eCommerce
eCommerce, Online Retail & Retail News
Affirm’s Debit Card Is The Anti-Credit Card, Says CEO
Max Levchin, CEO of Affirm, describes the company’s debit card as the anti-credit card. the idea of credit cards fundamentally is to get you to spend, get into debt, and stay in debt.
Shopify: We Are Arming The Rebels
Shopify President Harley Finkelstein says the rebels―the entrepreneurs and the small business owners―are the heroes of the Shopify story… and the rebels are winning.
Retailers Should Focus On The Last Mile, Says Justuno CEO
Brand growth expert Austin Brawner of Ecommerce Influence interviewed Justuno CEO Erik Christiansen about conversion optimization
Disney Accelerating Pivot To DTC-First Business Model
During yesterday’s earnings call Disney CEO Bob Chapek said it has accelerated the company’s pivot towards a DTC-first business model.
Congress Out To Kill Uber and the Entire Gig Economy Again
Democrats, in a political payoff to unions, have again introduced legislation in Congress to effectively make gig economy jobs like Uber, Lyft, DoorDash, etc. illegal.
Sling TV and Dish TV Lose Some Regional Sports Networks
In the ongoing saga of streaming services and content providers, Sling and its parent Dish have lost some regional sports networks (RSN).
India Will Give $1 Billion to Chip Manufacturers That Set Up In-Country
In its bid to become a major manufacturing powerhouse, India is offering $1 billion in cash incentives to chipmakers that set up in-country.
Amazon Tries and Fails to Have Cameras Installed at Union Vote
As Amazon workers in Alabama vote on unionization, Amazon tried and failed to get approval to install cameras to watch ballot boxes.
T-Mobile Kills TVision, Customers Receive YouTube TV and Philo Discount
T-Mobile has announced it is effectively killing off its TVision streaming service, less than a year after its debut, steering customers towards YouTube TV.