Global e-commerce sales were $4.28 trillion in 2020 with a 14.3% increase expected in 2021, according to eMarketer.

Raj De Datta, CEO and co-founder at Bloomreach, said it succinctly, “The future of retail is marketplaces which require scale. But, the future of retail is also brands. The industry is seeing an explosion of small brands setting up shop online.”

CEO Doug McMillon told the virtual Consumer Electronics Show that changes to technology and consumers’ habits aren’t going away.

The same-day service, which is powered by Instacart technology and fulfilled by Costco employees, offers around 2,000 items, including grocery and non-grocery items. Product pricing is the same as in-store and each order carries a $10 fee and $100 minimum purchase.

Google Cloud introduced a series of item discovery tools to boost retailers’ e-commerce capabilities and create personalized customer experiences, the company announced on Tuesday.

Fraud-prevention expert Uri Arad will give an exclusive, live-stream presentation to the CommerceCo by Practical Ecommerce peer-to-peer community on Thursday, January 21, at 2:00 p.m. Eastern Time.

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