In an early read on the 2024 holiday retail season, Skai, an omnichannel advertising platform, reported 15% of U.S. consumers surveyed said they already started shopping for the season, and 58% said they would begin holiday shopping by November 1. Still, that doesn’t...
The upcoming holiday presents challenges for retailers fighting it out through a shopping period with the fewest number of days between Thanksgiving and Christmas since 2019 and with 43% of consumers carrying more debt than they held in 2023. Data from the Salesforce...
To get on track for the end-of-year holidays, Amazon has announced that it will again launch a major fall promotion focused on its Prime members. The Prime Big Deal Days event returns in October, although Amazon didn’t say just when yet, offering members access to...
The summer has been a busy one for Amazon due to Prime Day, events such as the rollout of its Rufus AI-enhanced search engine and shopping assistant, and, now, the relaunch of the company’s recommerce site as Amazon Resale. What had operated as Amazon Warehouse now...
Amazon beat Wall Street earnings estimates for the second quarter in what the company reported was an all-around solid quarter with improved key metrics from each division. Net income was $13.49 billion, or $1.26 per diluted share, versus $6.75 billion, or 65 cents...
