The Latest Breaking News from eCommerce

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Express Inc (NYSE:EXPR) reported first-quarter FY22 sales growth of 30% year-over-year to $450.79 million, beating the consensus of $435.74 million. Consolidated comparable sales increased 31% versus last year. E-commerce demand grew 21% Y/Y. Comparable retail sales, including Express stores and eCommerce, rose 32%, and comparable outlet store sales increased 30%. Operating expenses rose…

Grove Inc (NASDAQ: GRVI) said its wholly-owned Amazon brand aggregator, Upexi, has acquired a controlling interest in Cygnet Online LLC, an Amazon and eCommerce seller.

Vera Bradley Inc (NASDAQ:VRA) has adopted TrueCommerce Inc's Microsoft Dynamics 365 Supply Chain Management & Finance integration to facilitate digital transformation.  TrueCommerce's solution offers Vera Bradley an agile plug-and-play integration to automate data transfer between Microsoft Dynamics 365 and most strategic channels. The Electronic Data Interchange (EDI) provides integration with retailers, marketplaces, drop-ship vendor…

By Hiral Rana Dholakiya The eCommerce industry has witnessed unprecedented growth in the past few years.  And, guess what?  It isn’t going to slow down anytime soon.  Studies show that eCommerce sales are expected to rise by 16.8% in 2022, to $4.921 trillion. 

UBS analyst Kunal Madhukar upgraded MYT Netherlands Parent BV (NYSE:MYTE) (Mytheresa) to Buy from Neutral. Madhukar said he is optimistic about the company's strategy of growth with solid margins as well as its compelling valuation. He noted several reasons why the stock remained under the radar, including investor apathy towards eCommerce and small market…

Qurate Retail Inc (NASDAQ:QRTEA) reported a fourth-quarter FY21 sales decline of 8.8% year-on-year, to $4.06 billion, missing the consensus of $4.15 billion. eCommerce revenue decreased 9% to $2.6 billion or 65% of total revenue in Q4. The company's QxH revenue decreased 7% in Q4, and QVC International revenue decreased 9%. Zulily revenue fell…