Shein acquires ~33% of Forever 21 parent company Sparc and Sparc takes a Shein minority stake, letting Shein sell Forever 21 items and operate inside its stores
the deal is a win for fast fashion, but a loss for the environment PYMNTS.com : Shein's Forever 21 Returns Deal Spotlights Key Omnichannel Strategy Wajeeh Khan / Invezz : Shein jus...
Amazon CEO Andy Jassy says the company plans to “go big” on physical retail stores in 2023, blaming a lack of “normalcy” during the pandemic for its stumbles
Andy Jassy says ecommerce giant will double down on grocery despite recent stumbles
A look at “de-influencers”, a rising cohort of TikTok users criticizing viral products and promoting thoughtful shopping; #deinfluencing videos passed 68M views
A look at “de-influencers”, a rising cohort of TikTok users criticizing viral products and promoting thoughtful shopping; #deinfluencing videos passed 68M views
TikTok users are speaking critically about viral products and advocating for thoughtful shopping habits.
Amazon, Shopify, Wayfair, and other big e-commerce sites scale back operations after erroneously betting that pandemic online shopping trends would be permanent
Matthew Townsend / Bloomberg :
Data shows e-commerce as a percentage share of all US retail has almost returned to pre-pandemic levels; in March e-commerce dropped YoY as in-store sales rose
Wall Street Journal :
IAB: US digital ad spend rose 35% YoY to $189B in 2021, the largest gain since 2006; 10 publishers and platforms took 78.6% of the total, up from 78.1% in 2020
78.6%—of total digital ad revenue...” ~$40b+ remaining is a lot, but that % should trend the other way. Why? https://twitter.com/... Meg Graham / @megancgraham : New IAB report on ...
France says it has resumed collecting its digital services tax, as the UK and Italy prepare to collect their own; France's 3% levy brought in €400M in 2019
Wall Street Journal : Tweets: @seamuscoffey , @linuxbsdpirate , @seamuscoffey , @conoraon , @wellisz , @neilretail , and @samschech Tweets: Seamus Coffey / @seamuscoffey : Here's ...
Amazon reports Q3 revenue of $96.15B, net sales increase of 37% YoY, net income of $6.3B, up from $2.1B YoY, and AWS net sales of $11.6B, up 29% YoY
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2020.
eMarketer: US consumers to spend $710B online in 2020, up 18% YoY, with ecommerce's share of the retail market growing to a record 14.5%
Dave Lee / Financial Times : Tweets: @jrichlive , @_mrherbert , @neilretail , and @sub8u Tweets: Jeff Richards / @jrichlive : US consumers will spend >$100B more on ecommerce this...
A look at webcam supply chain issues as ecommerce tracking firm CommerceIQ finds 78% of views on webcam product pages showed out of stock in the week of May 9
Webcams are back-ordered and sold out across the Internet as we struggle to look our best on camera while working from home Tweets: @rachelerman , @washingtonpost , @laurastevens ,...
US shoppers are expected to return $100B worth of unwanted goods bought this holiday season; online purchases 3x more likely to be returned than those in stores
Alistair Gray / Financial Times :
US shoppers are expected to return $100B worth of unwanted goods bought this holiday season; online purchases 3x more likely to be returned than those in stores
Alistair Gray / Financial Times :