U.S. e-commerce spending rose 9% to a record $241 billion over the holiday period, sparked by widespread discounts, according to data from Adobe.

OpenStore, which manages more than 100,000 stock-keeping units and serves more than 2 million customers, plans to launch operations at the 113,000-square-foot facility in March 2025.

Prior pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets in 2025.

Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.

Cyber Weekend e-commerce sales grew 9% in the U.S. this year, up from 6% in 2023, according to data from Salesforce.

As holiday shoppers gear up for an earlier start to the season, transportation experts predict a bustling peak period that mirrors last year’s activity.

In-store shopping was already on the rise as the retail sector reset after the turmoil of the COVID-19 pandemic, and the upcoming holiday season is likely to expedite the trend.

More than any of the megacap technology stocks, Amazon.com Inc.’s big-spending ways are coming at the expense of profits, and its shares are being punished as a result.

U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.

Amazon’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce.