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…
If anyone at the start of this year could have accurately predicted how 2020 would unfold, I think it is fair to say that almost all of us would have taken the news with quite a bit of skepticism. But as the pandemic continues, this extraordinary series of events has come to play with…
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…
The company has seen its online sales jump up 86%, with same-store sales rising by 12% through the month as well. E-commerce sales had risen 106% in May. The company has reported strong e-commerce sales as they look to compensate for the drop in foot traffic at stores due to the pandemic, capitalising on…