e-commerce News Updates

Walmart described the project as one of its next-generation fulfillment centers, which the retailer places in strategic markets to support same-day and next-day shipping across the U.S.

Investors have been drawn to outdoor storage properties, which are an increasingly important link in the global supply chain as e-commerce grows and customers expect quicker deliveries.

ACV also is weighing a strategic partnership as an alternative to a sale, according to sources cited by Bloomberg.

Total spending for the period was up 9.3% from last year’s Prime Day sale, held in July, according to Adobe, which tracks visits to retail websites.

Competitors such as Walmart and Target scheduled overlapping promotions, boosting traffic and shopping across the web.

Consumers will spend $26.3 billion online with Amazon and other retailers during this year's Prime Day, according to Adobe estimates.

U.S. consumers will spend $26.3 billion online at Amazon and other retailers during the four-day sale, up 9% from last year’s event in July, according to Adobe.

Sales got a boost from generous government tax refunds in both April and May, though economists say that cash cushion is starting to fade.

Amazon is facing a possible lawsuit from the FTC that may lead to billions of dollars in civil penalties over claims the e-commerce giant misled advertisers.

CEO John Furner said that low-income consumers are experiencing greater pressure on high gas prices. “That’s really the stress point, is the price of fuel,” he said.