Logistics payrolls soared in October as inventory restocking after coronavirus lockdowns and strong online sales fueled a hiring surge at distribution and transport companies.
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.
Gap has managed to almost double its e-commerce revenue. What hasnt changed is the lagging performance at its namesake brand and Banana Republic.
Retailers more than ever are leaning on cloud computing to capitalize on a surge in online shopping without overloading their information-technology systems.
The Chinese e-commerce giant says its fiscal first-quarter profit more than doubled from the same period a year earlier, mirroring the results of U.S. tech giants that have thrived as disruption from the coronavirus pandemic accelerated a migration online.
Online sales are expected to break records this year as consumers avoid in-person browsing, a shift expected to outlast the pandemic.