iRobot has entered into a new $200 million credit facility that prompted the company and Amazon to amend the price per share formerly set for its acquisition by the retailer. Under the amended acquisition terms, Amazon will pay $51.75 per share revised down from $61...
Market researcher Kearney described the consumer response to Amazon Prime Day as “tepid.” According to Kearney Consumer Institute lead Katie Thomas, Prime Day has become a consumer “nice-to-have,” but not a must. Shoppers polled by KCI said that, of available...
Amazon announced the first day of Prime Day, July 11, was the single largest sales day in its history, while market researcher Numerator made some germane observations about the event in general including the strong showing of merchandise for the home. For the 2023...
Numerator has assembled an early read of the results from the first 32 hours of Prime Day 2023, which reveals that the event is triggering strong sales of home-related merchandise. Top categories that Prime Day buyers reported purchasing were home goods, at 27%,...
Although some hope existed that BuyBuyBaby might sell as a complete entity, the retailer did not receive a sufficient offer at auction as an ongoing concern, turning the event into a sale of the company’s intellectual property. As such, the brick-and-mortar chain...