online shopping

Business, Logistics

Shopify Will Cut 10% of Staff as e-Commerce Activity Retreats

Shopify sign The Shopify sign at its Ottawa, Ontario, headquarters. (Justin Tang/Bloomberg News)

Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.

July 26, 2022
Business, Technology

Cyber Monday Misses Estimates on Short Supply, Weak Deals

Cyber Monday Misses Estimates on Short Supply, Weak Deals Bins move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, N.J. (Michael Nagle/Bloomberg)

Final sales for Cyber Monday fell short of estimates and didn’t surpass last year’s record as lackluster sales and scarce inventory kept shoppers from breaking out their credit cards during the start of the holiday shopping season.

Spencer Soper | Bloomberg News
November 30, 2021
Business, Technology, Safety, Logistics, Top 100

Private Fleets Respond to Higher E-Commerce Demand

Brakebush Bros. truck Poultry processor Brakebush Bros. was able to keep its private fleet busy during the pandemic by shifting capacity to support other food manufacturers. (Brakebush Bros.)

Private fleet operators have been riding a roller coaster since the onset of the coronavirus pandemic in March.

Gary Frantz | Special to Transport Topics
August 29, 2020
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

Online Sales Continue Solid Pace as Christmas Draws Near

Shopping Getty Images

NEW YORK — In the run-up to Christmas, online shopping continues to be strong. Online sales are up nearly 18% to $110.6 billion from Nov. 1 through Dec. 19, compared with the year-ago period, says Adobe Analytics, which tracks online spending.

December 20, 2018
Government, Business, Technology

Blockbuster Cyber Monday May Not Be Enough to Boost Market

Amazon Warehouse Alex Kraus/Bloomberg News

Shoppers will spend an estimated $7.8 billion on Cyber Monday, Nov. 26 — a record — boosting a strong holiday shopping season, and Wall Street likely will shrug it off.

Spencer Soper | Bloomberg News
November 26, 2018
Business, Logistics

With Most Efficient Logistics, Wildberries Becomes Russia’s Biggest Web Retailer

A Wildberries warehouse A Wildberries warehouse in Russia. (Andrey Rudakov/Bloomberg News)

Russia's largest online retailer, Wildberries, is run by a mother of four who founded her company in her Moscow apartment while on maternity leave from her job as an English teacher.

Ilya Khrennikov | Bloomberg News
August 30, 2018
Business, Logistics, TCA

Cyber Monday Orders Are In; Retailers Now Giving Perks for Patience

Christopher Dilts/Bloomberg News

Shoppers clicking “buy” on smartphones, tablets and laptops spent almost $20 billion online from Thanksgiving through Monday. Now retailers have to turn that spending spree into a flood of cardboard boxes on their way to shoppers’ doorsteps.

Lauren Zumbach | Chicago Tribune
November 30, 2017
Business, Logistics

Holiday Sales, Delivery Volume Could Smash Records

An Amazon Fulfillment Center An Amazon Fulfillment Center in Robbinsville, N.J., on Cyber Monday. (Victor J. Blue, Bloomberg News)

The big delivery firms are preparing for unprecedented package volumes during the holiday shopping season as retailers say they are on course to set new sales records.

Burney Simpson | Staff Reporter
November 28, 2017
Business, Equipment, Logistics

Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs

Train Jerry Huddleston/Flickr

Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.

Ari Ashe | Staff Reporter
July 13, 2017