Amazon Captured 29% of Online Orders Before Christmas
Amazon's share of online orders spiked in the final days of the holiday season, showing how big investments in delivery speed paid off as shoppers sought out products they could get quickly.
Cyber Monday Sales Hit Record $12.4 Billion on Nov. 27
U.S. shoppers spent $12.4 billion on Cyber Monday, a robust result demonstrating the continued resilience of consumers despite dwindling pandemic-era savings and high interest rates.
Shopify Will Cut 10% of Staff as e-Commerce Activity Retreats
Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.
July 26, 2022Cyber Monday Misses Estimates on Short Supply, Weak Deals
Final sales for Cyber Monday fell short of estimates and didn’t surpass last year’s record as lackluster sales and scarce inventory kept shoppers from breaking out their credit cards during the start of the holiday shopping season.
Private Fleets Respond to Higher E-Commerce Demand
Private fleet operators have been riding a roller coaster since the onset of the coronavirus pandemic in March.
Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms
Same-day shipping is becoming more common for online shoppers, but for smaller merchants it can be a logistical nightmare. That’s where Shopify Inc. can step in, says Ric Kostick, CEO of 100% PURE.
Online Sales Continue Solid Pace as Christmas Draws Near
NEW YORK — In the run-up to Christmas, online shopping continues to be strong. Online sales are up nearly 18% to $110.6 billion from Nov. 1 through Dec. 19, compared with the year-ago period, says Adobe Analytics, which tracks online spending.
December 20, 2018Blockbuster Cyber Monday May Not Be Enough to Boost Market
Shoppers will spend an estimated $7.8 billion on Cyber Monday, Nov. 26 — a record — boosting a strong holiday shopping season, and Wall Street likely will shrug it off.
With Most Efficient Logistics, Wildberries Becomes Russia’s Biggest Web Retailer
Russia's largest online retailer, Wildberries, is run by a mother of four who founded her company in her Moscow apartment while on maternity leave from her job as an English teacher.
Cyber Monday Orders Are In; Retailers Now Giving Perks for Patience
Shoppers clicking “buy” on smartphones, tablets and laptops spent almost $20 billion online from Thanksgiving through Monday. Now retailers have to turn that spending spree into a flood of cardboard boxes on their way to shoppers’ doorsteps.