Category: Shopping News

Buy Etsy Stock on the Dip Because Online Shopping Is Here to Stay

Etsy (NASDAQ:ETSY) was one of the biggest pandemic success stories.

The Etsy (ETSY) mobile app on a tablet display

Source: Shutterstock

The temporary shutdown of retail stores and lockdown orders forcing people to isolate at home meant explosive growth in online shopping last year. Etsy saw huge sales increases and made headlines for the massive volume of cloth face masks sold on the platform.

And ETSY stock was among the top performers of 2020, gaining 310% for the year. Despite some weakness in March, ETSY has done well in 2021 also, up nearly 26% so far this year.

There’s still time to buy ETSY stock on the

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Pandemic has forever changed online shopping, UN-backed survey reveals |

The study examined how the global crisis has impacted the way people use e-commerce and other digital tools, with more than half of respondents reporting they now shop online more frequently. 

“The COVID-19 pandemic has accelerated the shift towards a more digital world. The changes we make now will have lasting effects as the world economy begins to recover”, said UNCTAD Secretary-General Mukhisa Kituyi. 

Online news and entertainment 

UNCTAD conducted the survey together with Netcomm Suisse eCommerce Association, in collaboration with the Brazilian Network Information Center (NIC.br) and Inveon, a Turkish digital commerce company. 

The countries covered were Brazil, China,

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New Dallas restaurant concept snaps up former Houston’s Addison space


There’s a restaurant taking over the Addison location that was formerly home to Houston’s: Called Brentwood, it’s a new concept from Vandelay Hospitality Group, and according to a release, it will open in the fall.


Houston’s, the beloved classy concept from California, closed that location in June 2020 after 40 years. Its sibling Hillstone is still open in Dallas’ Preston Center.


Vandelay is the Dallas restaurant group founded in 2012 by Hunter Pond whose concepts include Hudson House, East Hampton Sandwich Co., Drake’s Hollywood, and Lucky’s Hot Chicken. Brentwood will be Vandelay’s fifth concept.


The

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COVID-19 Impact on e-Commerce & Online Payments, Worldwide, 2020

Dublin, May 29, 2020 (GLOBE NEWSWIRE) — The “COVID-19 Impact on Global E-Commerce & Online Payments – 2020” report has been added to ResearchAndMarkets.com’s offering.

This report covers the impact of the coronavirus (COVID-19) pandemic on B2C e-Commerce and online payments worldwide. The report focuses on the present effect and future implications and trends. All major global regions were covered in this report, with data availability ranging by region and country.

Online shopper penetration increases during the pandemic

Faced with lockdown regimes and store closures, consumers turn to online and mobile shopping to buy groceries, daily necessities, and other products.

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NRF sees holiday sales up 3.6% to 5.2%, in a ‘strong finish’ to 2020

Consumers begin their Black Friday specials shopping as Macys opens their doors at 5pm on Thanksgiving Day on November 28, 2019 in New York.

Bryan R. Smith | AFP | Getty Images

Retailers could end up having a strong finish to 2020, despite all of the challenges that the coronavirus pandemic has dealt the industry, according to a new forecast that cites a strong stock market, rising home values and record personal savings rates as factors that could boost spending.

The National Retail Federation said Monday it expects holiday sales during November and December to rise between 3.6% and 5.2%

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