Business, Logistics

US Online Holiday Spending Grows at Slowest Rate in Seven Years

Online shopping for holiday gifts last year in the U.S. grew at the slowest rate since at least 2014, according to Adobe Analytics, after a blowout year in 2020.

Jordyn Holman | Bloomberg News
January 12, 2022
Business, Equipment, Logistics

Home Depot Is Investing to Keep Contractors Happy

Inside an expansive and noisy distribution center just east of Atlanta, Home Depot Inc. is trying to solve a problem that’s plaguing its stores: large orders from pro shoppers.

Jordyn Holman | Bloomberg News
December 2, 2021
Business, Logistics

Home Depot Sales Gain Shows Americans Keep Fixing Up Houses

Home Depot Inc. posted stronger-than-expected results in the third quarter, a sign that increased North American spending on home improvement continues to stretch through the pandemic.

Jordyn Holman | Bloomberg News
November 16, 2021
Business, Logistics, Top 100

Ryder Teams With Bed, Bath & Beyond on Distribution Centers

Bed Bath & Beyond Inc. will partner with logistics specialist Ryder System Inc. to develop two distribution centers in Pennsylvania and California.

Jordyn Holman | Bloomberg News
July 26, 2021
Business, Technology

Amazon Leads S&P 500 After Reporting ‘Record’ Holiday Sales

Amazon.com Inc.’s stock had the biggest advance on the S&P 500 Index after the e-commerce giant said its holiday season this year was “record-breaking,” with billions of items shipped and “tens of millions” of Amazon devices like the Echo Dot sold.

Jordyn Holman | Bloomberg News
December 27, 2019