Amazon has now struggled to meet earnings expectations for two quarters in a row as eCommerce sales growth slows and the labor shortage adds additional costs, undermining the investments the Seattle-based company has made to create an efficient logistics network. Get the Full Story Complete...
As shortages of supplies and labor continue to plague businesses and retailers across the country, many small and medium-sized businesses (SMBs) are pushing an age-old message: come shop with us. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The global semiconductor shortage is getting worse almost a year into the crisis, with longer wait times, increased hoarding by those who are lucky enough to score the chips and no end in sight, according to a report Friday (Oct. 29) in The Wall Street...
Global footwear brand Skechers kept its 2021 momentum going with third-quarter sales of $1.55 billion for the three-month period that ended Sept. 30, up almost 20% from the same time a year ago, even as supply chain bottlenecks continue to suppress inventory. Get the Full...
Petco Health and Wellness Company is launching the flagship store, Reddy, for its premium lifestyle brand for dogs in the SoHo neighborhood of Manhattan in New York City, the company said in a press release on Thursday (Oct. 28). Get the Full Story Complete the...
In today’s top retail news, eBay executives say declines in active buyers are par for the course as the company focuses on more “high value” consumers, while PYMNTS research suggests increased online holiday shopping could be a boon for Amazon. Also, Shopify has doubled its...
Ahead of Amazon’s third-quarter earnings report, new data show that nearly everyone will be shopping online this holiday season, a likely boon to the Seattle-based eCommerce giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Marketplace platform eBay is continuing to shed active buyers and report lower sales volumes as consumers increasingly return to in-person shopping, though the company says losing some customers was always an inevitable part of the company’s long-term plan. Get the Full Story Complete the form...
Though it’s not yet November, PAPER is already rolling out its list of trends that defined 2021, including freckle pens, cottagecore and low impact home workouts — a wide-ranging list that almost seems too insightful into how people have been living their lives. Get the...
