In the second quarter ended June 30, eBay continued reviewing its operations portfolio even as it beat a Wall Street earnings estimate.
Following Amazon’s announcement of its annual Prime Day, which this year will be held over two days on July 15 and July 16, Target will go head-to-head with the e-commerce giant with its Target Deal Days.
A leading digital research firm has lowered its estimate of Amazon’s e-commerce market share following public comments made by Amazon’s CEO Jeff Bezos.
As it posted declining results in the first quarter, Evine emphasized executive changes and initiatives designed to turn around the business.
Direct retail sales at Wayfair gained 39% in the first quarter year over year, but losses increased as well, with the deficit growing from $200.4 million, or $2.20 per diluted share, from $107.8 million, or $1.22 per diluted share in the previous first quarter.
Market research firm Forrester has released its report, “The State Of Retailing Online 2019: Omnichannel, Marketing, And Personalization,” a look at how retailers and digital business professionals are thinking about and investing in stores and online, which indicated that 54% of retailers plan to open new stores in 2019.
Williams Sonoma’s retail brands outpaced expectations and powered through a strong fourth quarter and fiscal year.
As part of an initiative to build new ways to serve customers, Kroger and its United Kingdom-based e-commerce partner Ocado have selected Groveland, FL, as their second customer fulfillment center location they are developing.