by Mike Duff | Oct 27, 2023 | Featured News, Retail Articles
The third quarter saw Amazon blow by financial expectations and finish with almost $10 billion in profits. Net income increased to $9.88 billion in the third quarter, or 94 cents per diluted share, versus $2.87 billion, or 28 cents per diluted share, in the...
by Mike Duff | Oct 18, 2023 | Featured News, Retail Articles
Amazon, Booking.com, Expedia Group, Glassdoor, Tripadvisor and Trustpilot have launched what they call the first global Coalition for Trusted Reviews, a cross-industry collaboration developed to help ensure that consumer reviews on product and services are legitimate....
by Mike Duff | Oct 16, 2023 | Retail Articles
As they continue to upgrade their capabilities, Amazon and Walmart announced the addition of new distribution facilities, although of different varieties, to improve the moment goods to consumers. Walmart plans to open its fifth next-generation fulfillment center in...
by Mike Duff | Oct 13, 2023 | Retail Articles
Amazon reported Prime Big Deal Days was a successful beginning to the holiday sales season and a demonstration of how effectively its fulfillment services can function. The company noted U.S. Prime members purchased more than 25 million items with same-day or next-day...
by Mike Duff | Oct 12, 2023 | Retail Articles
In the Amazon Prime Big Deal Days event on October 10 and 11, the Home Goods category had a strong showing. In an updated study by market researcher Numerator, winning 23% of sales just behind the top-selling Apparel and Shoes category, which came in at 25%, and ahead...