E-Commerce Weekly

Tue, Jan 21st, 2025

A weekly digest of e-commerce news from across the web for curious merchants.

2025/01/20 by Mark Brohan

Overall, 69% of executives believe increased technology investments are necessary to remain competitive, a sentiment particularly strong among U.S. leaders (84%) compared to their European counterparts (64%), according to a new report from Capgemini.

2025/01/20 by Mark Brohan

Digital transformation, driven by advancements in AI and data analytics, is reshaping procurement operations, according to Amazon Business. More than 64% of decision-makers identified generating better insights as a top priority.

2025/01/20 by Mark Brohan

In 2024, digital sales accounted for approximately 62% of Fastenal’s total revenue ($4.678 billion), demonstrating consistent progress. The company is targeting further growth, with plans to achieve 66% to 68% digital sales penetration by the end of 2025.

2025/01/20 by Kevin Williams

Same-store sales at Signet Jewelers were down 2% year over year, according to 2024 holiday-season sales results it shared.

2025/01/15 by Tage Kene-Okafor

Global fashion brands are struggling with billions of dollars’ worth of unsold inventory. Mostly, these brands avoid reselling in core markets like the U.K. and the U.S. to prevent market cannibalization. Meanwhile, emerging markets like Africa heavily rely on secondhand clothing imports, but 30% to 40% of these items are deemed unusable upon arrival, leading to environmental degradation due to discarded textiles.

2025/01/15 by Manish Singh

Amazon has agreed to acquire Indian buy-now, pay-later startup Axio, deepening its push into financial services in one of its fastest-growing markets.

2025/01/20 by Manish Singh

Zomato’s quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling up as competition intensifies in India’s instant delivery market.

2025/01/20 by Romain Dillet

French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch.

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