E-Commerce
July 13, 2021 at 6:38 pm
Over the last 15 months, we cozied up to e-commerce in categories we struggled to shop virtually, such as apparel, furniture and grocery. We adapted our daily and weekly shopping routines to more patient, planned cadences. We adjusted our comfort level by buying clothing sans try-on, and we accepted that our living room upgrades would…
July 12, 2021 at 9:56 pm
2020 was an incredibly successful year for Amazon.com. Home-based working and buying gave the e-commerce giant more market share and sales volume than ever, with sales up 44 percent, hitting $108.5 billion. That’s equivalent wealth to that of a small nation. If Jeff Bezos was president of such a country, it would register as the…
June 30, 2021 at 7:18 pm
Had we not lived through it, could we ever have reasonably imagined that the entire world would shut down for even one day, let alone several months? If the pandemic had occurred just 10 years ago, the digital landscape then could never have supported the rapid and universal adoption of online services and products. With…
June 23, 2021 at 5:50 pm
The second day of Amazon Prime Day saw a total U.S. online spend over $5.4 billion, according to Adobe Digital Economy Index data. This represents a 3.6 percent growth compared to e-commerce revenue on the second Amazon Prime Day last year. Across both days, the U.S. online spend across retailers exceeded $11B, representing 6.1 percent…
June 22, 2021 at 6:44 pm
Data from Adobe shows sales during the first 24 hours of Amazon Prime Day 2021 surpassed $5.6 billion, representing 8.7 percent growth year-over-year, reports CNBC. Monday, the first day of the online event, marked the biggest day for online spending to date in 2021, according to an index tracked by Adobe Analytics, which looks at more…
June 21, 2021 at 9:28 pm
Amazon.com's seventh Prime Day, which is taking place June 21-22, could rise to a record $12 billion in gross merchandise sales, based on scenario analysis from Bloomberg Intelligence Senior E-Commerce Analyst Poonam Goyal. However, the increase is a deceleration in year-over-year growth, to 15 percent from 45 percent in 2020. Last year, "surging digital sales amid…
June 17, 2021 at 7:57 am
Our expert speakers will address how retailers can effectively use individualized promotions as a tool to drive e-commerce sales.
June 15, 2021 at 12:03 pm
Retail sales remained at elevated levels in May despite month-to-month fluctuations that masked near-record performance, the National Retail Federation (NRF) said today. The Commerce Department reported on Tuesday that May retail sales declined 1.3 percent month-over-month. However, the industry's largest trade association says the May sales data doesn't tell the whole story. “While May retail sales…
June 14, 2021 at 2:50 pm
As the saying goes, “necessity is the mother of invention.” Well, a whole lot of our necessities were compromised over the past year. And though the world is finally, mercifully, beginning to see light at the end of a long, dark tunnel, there's no demise in sight for the ingenuity and inventiveness that exploded in…
June 10, 2021 at 6:27 pm
In this episode of Retail Right Now, Joe Keenan and Kristina Stidham discuss Amazon.com's upcoming 2021 Prime Day event, happening on June 21 and 22. This worldwide e-commerce event impacts every retailer and brand as it draws shoppers to splurge with sales and special promotions. As e-commerce has seen an incredible rise during the COVID-19…
