Latest research from Mintel has found that 4 out of 10 Candians (37%) were shopping more online by mid April as the Covid-19 pandemic accelerates ecommerce growth 22% of those asked also said that they were shopping more online because of the pandemic, in an effort to avoid physical stores Mintel’s research also shows…
Walmart Incs has recorded its biggest ever growth in online sales this week as shoppers move to ordering groceries online due to the effects of Covid-19 Ecommerce sales rose a total of 97% for the quarter with gross margins increasing 24.9%, far higher than expected Total revenue rose just over 5% to US$137.74 billion, despite…
Canada Post has said that through April and May the agency was struggling to deal with the massive increase in deliveries as people turned to ecommerce for products Jon Hamilton, spokesperson for Canada Post said “We saw parcel levels that we would normally only see around Christmas — we would deliver up to two-million…
Affirm allows for customers to pay for products in instalments. “Shop Pay Instalments” will be rolled out later this year and allows for payments to be broken into four equal bi-weekly segments. Affirm CEO Max Levchin, who is also one of the founders of PayPal, said that they had seen “unbelievable traction on Shopify…
In findings released by Statistics Canada, the year over year total for June was at an increase of 70.6%, whilst ecommerce sales had yet to drop to below the pre-pandemic levels However, when compared to prior months, online retail revenue has dropped 13%, when adjusted for basic seasonal effects Overall, ecommerce sales reached C$3.2 billion…
Is Now the Time of Online Shopping? Since the beginning of lockdown measures, online shopping has jumped, with customers hesitant to venture into stores. For March of this year, U.S. sales for online grocery shopping stood at $4 billion, just as lockdown began in the country. By June, the monthly figure stood at $7.2 billion,…
