article thumbnail

Express Launches Debt Restructuring Effort in Bid to Avoid Bankruptcy

Retail TouchPoints

Express’ ability to avoid bankruptcy hinges on whether its lenders will agree to provide more liquidity or loosen repayment options, and whether the company’s vendors will continue shipping goods without tightening payment schedules, the sources told WSJ. In Q3 2023, which ended Oct. 28, 2023, and was reported on Nov.

Payments 257
article thumbnail

Choosing the Right eCommerce Tech Stack for 2023 & Beyond

Groove

Introduction The eCommerce tech stack is the foundation of any successful online business. Choosing the right tech stack for your eCommerce store is crucial for ensuring a seamless user experience, scalability, and integration with other essential business processes. Transaction fees charged by the platform or payment gateways.

eCommerce 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Experts predict the biggest fintech trends for 2023

365 Retail

The financial technology sector is rapidly evolving with traditional methods of banking now being replaced with digital solutions, in a bid to make things faster, easier, and more streamlined for both businesses and consumers. . With the growth of digital banks, in 2023 we expect to see the use of virtual cards continue to surge.

article thumbnail

The Best Etsy Alternatives to Consider in 2023

Ecommerce Platforms

Today, we’re going to going to be exploring the pros, cons, and features of each solution, to help you make the right choice for your budding business. The Best Etsy Alternatives for 2023 Etsy represents one of the most popular platforms for creative professionals selling handmade products on the market today.

article thumbnail

With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

But the luxury market sits in a unique position of growth: spending on luxury goods grew approximately 20% in 2022, according to Bain & Company , and it is likely to expand further through 2023. The luxury market has a few key advantages that will likely safeguard it from financial turmoil.

Payments 287
article thumbnail

The Ultimate Dawn Theme Review for 2023

Ecommerce Platforms

According to Shopify, the solution is intended for visual storytelling, which makes it an excellent option for jewellery and fashion brands, as well as any other company with great images to showcase. Envy Shopify Theme Review for 2023 The post The Ultimate Dawn Theme Review for 2023 appeared first on Ecommerce Platforms.

Shopify 104
article thumbnail

6 CX Trends for E-commerce Businesses to Look out for in 2023

lateshipment

Still haven’t gotten back from a much-needed break after a busy holiday season? Moving onto 2023, we need to draft our plans early to reach our goals for the year. Before we get started with the CX trends you must be aware of/ implement in 2023, let’s revisit things a little. . 6 E-commerce CX Trends to Look out for in 2023.

eCommerce 130