Business

Cyber Monday Spending Climbs 20% to Record $9.4 Billion

Cyber Monday Getty Images

U.S. shoppers spent $9.4 billion online on Cyber Monday — up almost 20% from a year ago and a record — boosting an already robust holiday shopping season.

Spencer Soper | Bloomberg News
December 4, 2019
Business, Technology, Logistics

Walmart Receives Outside Interest in JetBlack Unit

Exterior of a Walmart building Walmart is mulling the future of JetBlack, its text-based concierge shopping service for busy urban families. (Shutterstock)

Walmart Inc. is weighing the future of JetBlack, a pet project of its online chief that was the first business to emerge from its internal incubation arm.

Matthew Boyle | Bloomberg News
September 26, 2019
Business, Logistics

Amazon Tests ‘Top Brand’ Label for Some Big-Name Fashion Sellers

Amazon box on conveyor belt A "top brand" label could help ease tensions between Amazon and big-name companies. Amazon accounts for about 40% of online sales in the U.S. (Bess Adler/Bloomberg News)

Amazon.com Inc. is designating products sold by certain companies as “top brands,” a test that if widely implemented could ease tension between the online retail giant and big-name companies used to favorable positioning at brick-and-mortar retailers.

Matt Day | Bloomberg News
August 16, 2019
Business, Logistics, Top 100

Amazon-FedEx Split Sets Battle Lines in E-Commerce Delivery Feud

A FedEx Ground truck FedEx

FedEx Corp.’s retreat from handling packages for Amazon.com Inc. signals that the lines are being drawn in the battle over surging e-commerce shipments.

Thomas Black | Bloomberg News
August 8, 2019
Business, Technology

Shopify Rally Continues After Sales, Outlook Beat Estimates

Shopify Cole Burston/Bloomberg News

Shopify Inc. shares continued their rally Aug. 1 after the Canadian e-commerce company reported second-quarter sales that beat analysts’ average estimate and gave a more optimistic full-year outlook.

Simran Jagdev | Bloomberg News
August 1, 2019
Government, Business, Logistics

Trade Group Targets Federal E-Commerce Bid It Says Favors Amazon

Warehouse Getty Images

A trade association representing wholesale distributors is pressuring lawmakers not to approve increased government spending on a highly lucrative e-commerce contract the group says favors Amazon.com.

July 31, 2019
Business, Logistics, Perspective

Perspective: Dealing With Specialty Goods When Consumers Expect Overnight Delivery

Given the robust demand for purchasing nonconveyable goods online — items such as exercise equipment and designer furniture — there exists for capable logistics providers a significant market opportunity.

Adam Fields | Founder and CEO, ARTA
July 29, 2019
Business, Technology

Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms

Shopify Cole Burston/Bloomberg News

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.

Simran Jagdev | Bloomberg News
July 23, 2019
Business, Technology, Logistics

Kroger Goes Full Robot to Take On Amazon With Ocado

A customer order crate travels along a conveyor belt at the Ocado Group Plc distribution center in the United Kingdom. A customer order crate travels along a conveyor belt at the Ocado Group Plc distribution center in Dordon, U.K., on Dec. 16, 2016. (Chris Ratcliffe/Bloomberg News)

Kroger has unleashed a flurry of initiatives to ensure it won’t get thumped in a post-Amazon-buying-Whole-Foods world, but its biggest gamble is a partnership with British online grocer Ocado Group to build as many as 20 automated grocery warehouses in the United States.

Sarah Halzack | Bloomberg Opinion
July 22, 2019
Business

Data Suggests Amazon Customers Not Sold on Prime

Amazon boxes Packed boxes pass along a conveyor belt at the Amazon Robotic Fulfilment center in Tilbury, Essex, U.K. on July 12, 2019. Searches for "Canceling Amazon Prime" were 18 times higher July 15 than July 14. (Jason Alden/Bloomberg News)

Internet searches for “Canceling Amazon Prime” were 18 times higher June 15 — the beginning of Amazon.com’s two-day sale — than the previous day, according to search engine monitoring firm Captify, suggesting shoppers did not want to make a long-term commitment to the giant online retailer.

Spencer Soper | Bloomberg News
July 16, 2019

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