E-commerce News Article #2

"Hello, World!"

This is my second e-commerce news article. Although it's only my second post, I'm excited about my progress despite having three kids, a full-time job, and consulting work. There were fewer E-commerce news articles this week due to the Christmas holiday. Unfortunately, this time of year, I see an increase in package theft, cyber-attacks, and text message scams. So keep your eyes open, stay warm and safe, and enjoy the holiday break. I'll see you again next week.

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🌐 Here's a quick scoop on the recent VF Corp cyberattack: 🚨 Vans' parent company, VF Corp, took a hit as their shares stumbled following a cyberattack. 😱 The breach raised eyebrows in the market, impacting the company's standing. 📉 It's a stark reminder of many businesses' vulnerability in our increasingly digital world. 💻 Stay in the know by checking out the full article on CNBC:

Read more. Stay cyber-safe! 🔒 #CyberSecurity #BusinessNews 👇

Vans owner VF Corp. shares tumble as it says cyberattack could hamper holiday fulfillment

Shares of The North Face and Vans owner VF Corp. tumbled Monday after the company said it suffered a cybersecurity breach.

CNBCRohan Goswami,Drew Richardson

🛍️ Curious about Super Saturday shopping trends? 🤔 Well, this year, it seems fewer consumers are planning to hit the stores on this special day. 📉 According to reports, there's a shift in shopping behavior, with folks opting for different times or online options. 🌐 This shift in behavior is a reflection of the evolving retail landscape in today's world.

🔄 For a deeper dive into the details, check out the full article on Digital Commerce 360: Read more. Happy reading and happy holidays! 🎁🎉 #ShoppingTrends #RetailInsights👇

Fewer consumers to shop on Super Saturday this year

Super Saturday falls the day before Christmas Eve, so most gifts will already have been purchased, but it could be a big day for grocers.

Digital Commerce 360Mary Meisenzahl

Big news in the e-commerce world: Etsy made waves as its shares took a dive. 😱📉 What's the scoop? Well, the company made the tough call to cut its workforce. 💼💔 This move is sending ripples through the market, sparking conversations about the company's strategy. 🔄 Change is in the air! For the full lowdown, check out the article on The Economic Times: Read more ⬇️ Stay tuned for updates! #Etsy #BusinessNews

Etsy shares dive after e-commerce company cuts workforce

Etsy will lay off 225 people, about 11% of total staff, and will incur financial charges of between $25 million and $30 million for severance payments, employee benefits and related costs, the company said in regulatory filings on Wednesday.

Economic TimesReuters

📉Despite economic concerns, U.S. shoppers supported retailers in 2023, especially during the fourth quarter and the holiday season, with sales jumping nearly 6% in November. 🛍️ However, returns are a big issue, with around 16.5-18% of holiday purchases expected to be returned, costing billions. 🔄 This year, the return problem seems even worse, with many retailers finding it a severe challenge.

Read more ⬇️ Happy shopping! #HolidayDeals #RetailPeakSeason

Are retailers ready for peak returns season?

E-commerce has surged at the end of the year, which could mean that more people than ever will bring back their purchases.

Retail DiveDaphne Howland

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