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The News, Commentary & Events that Shaped Commerce This Week
week of 12/6/2019 |
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Revtown Looks to Disrupt Denim Category, Signs Goop Deal |
It’s hard to think of an apparel category that’s more competitive than jeans, with many legacy and upstart brands vying for casual fashion dollars. In this MCM CommerceChat podcast, Revtown co-founder Henry Stafford talks about the company's disruptive approach, recent partnership moves, DTC roots and where it’s headed.…» |
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Kustomer Raises $60M in Funding Round For R&D, European Office |
Cloud-based CRM platform startup Kustomer has raised $60 million in a round led by Coatue with participation from current investors Tiger Global Management and Battery Ventures, bringing its total haul to $173.5 million as it pursues titans Zendesk and Salesforce. The company plans to build out R&D and open its first European office.…» |
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Can’t Snag a Hot Holiday Toy? A Grinch Bot Probably Got There First |
So-called Grinch bots buy up popular toys in bulk at Christmas and resell them at a profit. They affected as much as 97% of traffic to ecommerce sites in the week ending Cyber Monday, Radware claimed. Now Congress is considering legislation for the third time to combat the threat. Will a new law or technology solve the problem? …» |
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Ecommerce Sets Records Over Cyber Weekend, Stores See Slight Declines |
Total ecommerce sales hit $26.93 billion over Cyber Weekend, according to data from Adobe Analytics, as stores went in the opposite direction. Cyber Monday’s online spending reached a record $9.4 billion, up 19.7%, making it the largest online shopping day of all time in the U.S. Store sales dipped nearly 1%, according to RetailNext.…» |
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featured jobs |
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