European e-commerce set to continue future growth

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Growth in European e-commerce sales reached €636 billion in 2019, up by 14.2% from the previous year. European e-commerce turnover is forecast to grow at around 12.7% and to hit €717 billion in 2020. The full impact of the COVID-19 pandemic on the sector will, however, only show next year.

At a time of uncertainty all over the world, the COVID-19 outbreak, and the restrictions it has led to, have had a major impact on business and consumer confidence. While physical shops have maintained supplies of essentials, e-commerce has played a crucial role in maintaining economic activity in Europe. Retailers

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Attackers have found new malware to steal e-commerce payment details

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Kaspersky researchers have uncovered a new malware technique for stealing e-commerce users’ payment information from online shopping websites – a type of attack known as web skimming.

Attackers have found new malware to steal e-commerce users payment details

By registering for Google Analytics accounts and injecting these accounts’ tracking code into the websites’ source code, attackers can collect users’ credit card details. About two dozen online stores worldwide were compromised using this method.

Web skimming is a popular practice used by attackers to steal users’ credit card details from the payment pages of online stores, whereby attackers inject pieces of

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UK e-commerce sales up 72% as pandemic drives consumers online

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E-commerce sales were up 72% year-on-year in the UK in May according to Mastercard SpendingPulse, which tracks overall retail sales across all types of payment, including card, cash and cheque. This is an advance on April’s online sales – which were up 64% year-over-year, showing an ongoing growth trend as consumers continue to shop online during the pandemic.

To dig into this further, Mastercard has released the first report, The Shift to Digital in its Recovery Insights series, which sheds light on the impacts of the pandemic and stay-at-home orders, including the incredible growth of online shopping.

In the UK,

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Kroger stuns with 92% e-commerce gain, but it has to prove it’s not a coronavirus blip

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Kroger grocery store bags are removed from a shopping basket in Flowood, Miss.

Rogelio V. Solis | AP

Kroger is trying to turbocharge its online grocery business and catch up to competitors. Customers’ changing habits during the pandemic have added new urgency to that effort. 

Many Americans have looked for safer and faster ways to fill up their fridges during the coronavirus pandemic. They shopped online and in some cases, were willing to wait many days for curbside pickup and delivery slots. They began cooking more meals at home because of stay-at-home orders, closed restaurants and heightened health concerns.

That’s

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