Retail titans can capitalize on the pandemic-driven surge in e-commerce by revving up their online-advertising plans.
Logistics payrolls soared in October as inventory restocking after coronavirus lockdowns and strong online sales fueled a hiring surge at distribution and transport companies.
The online furniture seller has booked its second consecutive quarterly profit after straight quarterly losses ever since its 2014 market debut.
Companys stock fell after it said that the pandemic has created distorting effects on the economy and that demand for its services depends on changing external factors
Amazon.com online orders continue to surge during the pandemic, with the e-retail giant projecting a bumper end to the year as it posted strong third-quarter earnings.
The new hires would add to the e-commerce giants hiring spree this year amid a surge in online shopping during the Covid-19 pandemicundefined.
Results from industrial giants Caterpillar and 3M show demand from commercial customers is on shaky ground as the Covid-19 pandemic continues to disrupt work routines and commerce.
The Shopify Fulfillment Network that handles the storing, packing and shipping of goods for online sellers enrolled more merchants and increased our fulfillment volumeby two-and-a-half times over Q1 in the second quarter, said Thomas Epting, director of the network.
A key measure of demand for big warehouses soared 51% in the first half of 2020 as the pandemic-driven surge in online sales sent companies scrambling for space to store and deliver goods to locked-down consumers.
The head of the container line says big clients like Amazon and Walmart want end-to-end logistics solutions from shipping companies.
Steve Schmitt is the CFO for Walmart U.S. eCommerce and had great news to share this week. Walmart U.S. eComm sales grew by 97% in the second quarter! There are a lot of people behind that number – it doesn’t just happen. We’re evolving for our customers and making a difference. Listen to this newest episode of The Huddle with John Furner to hear Steve talk about Earnings, his love for Louisville, KY, and that one time he met Rob Gronkowski.
Gap has managed to almost double its e-commerce revenue. What hasnt changed is the lagging performance at its namesake brand and Banana Republic.