MCM CommerceChat podcast

Breaking Down New EU VAT Changes

| Mike O'Brien

As of July 1, the EU is updating how retailers calculate Value-Added Tax (VAT) when selling goods into member countries. This extends a 2015 change to include low-cost ecommerce goods under 22 Euros. Peter Boerhof of Vertex helps us better understand the implications for sellers in our latest MCM CommerceChat podcast.

Bringg Raises $100M to Reach $1B Valuation

| Mike O'Brien

Bringg, a provider of order orchestration software for last-mile deliveries, has raised $100 million in a series E round, bringing it into the growing unicorn club as it looks to international expansion, explores extensions into less-than-truckload and other forms of transportation and eyes acquisitions. This is 4x from a year-ago valuation.

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Ecommerce Operations Summit Strikes the Right Notes in Music City

| Mike O'Brien

Ecommerce Operations Summit 2021 is back live, at the Gaylord Opreyland in Nashville on Aug. 17-18, and the team at Multichannel Merchant has a great event on tap to help operations and fulfillment professionals keep on top of key industry trends and address the challenges of a disruptive time. Read on for some program highlights.

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No-Code App Development for Mobile Commerce

| Regina Wheeler

As an ecommerce owner running your business, you haven’t had time to learn to code. Fortunately, there are many tools that allow you to build a professional app with no coding required. No-code app development is booming, and these intuitive platforms provide all the features you need to start converting leads.

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Ecommerce Fulfillment Helped By Smart Conveying for YourSurprise.com

| Sydney Riggs

YourSurprise.com, a Dutch ecommerce fulfillment company that markets personalized gift items in 22 countries, was growing rapidly but as it did, challenges of order accuracy and on-time delivery increased exponentially. Hear how the company met these challenges with a smart conveyor system, and the results it’s seen since.

Stackline Raises $130M, Looks Ahead to IPO

| Mike O'Brien

Ecommerce technology provider Stackline has received $130 million in funding from UK-based private equity firm TA Associates, on top of a $50 million investment from Goldman Sachs’ growth equity team in November, using it to create new products, pursue foreign markets and look ahead to an IPO.

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Gift Cards: Popular with Shoppers, Fraudsters

| Monica Eaton

The ease and convenience of gift cards means they can be bought and delivered without ever needing to set foot in a store. However, the convenience, ease of use and flexibility of gift cards is also what makes them popular with digital fraudsters. Despite their earning potential, merchants need to be alert to these risks.

Pursuing a DTC Model: The Pros and Cons

| Andrea Leigh

One of the biggest retail trends influenced by the pandemic is the increasing popularity of the direct-to-consumer or DTC model. For many brands, a long-running DTC channel proved priceless over the past year, but it’s important to weigh the pros and cons. Here are six considerations when looking at pursuing a DTC model.

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Alex and Ani Files for Chapter 11 Protection

| Mike O'Brien

Alex and Ani, the Rhode Island-based retailer which reached huge popularity a decade ago with its inexpensive bangles and charm bracelets promoting spirituality and good vibes, has filed for has filed for Chapter 11 bankruptcy protection. The company, owned by a UK concern, has faced poor sales, lawsuits and internal conflicts.

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American Eagle Expands Same-Day Delivery with ShopRunner

| Mike O'Brien

American Eagle Outfitters has expanded its offering of free same-day delivery for members of partner ShopRunner to include 50 U.S. cities, up from six when the retailer started working with the FedEx acquired service in October. During the past year, American Eagle and Aerie have offered free store and curbside pickup.