Buying land on which to build a warehouse is becoming an increasingly pricey proposition. As two-day shipping becomes heavily favored among consumers, eCommerce firms are under mounting pressure to locate their warehouses and distribution centers as close to their customer bases as possible. Get the...
December auto sales were lower than expected in the U.S., with the majority of the big vehicle manufacturers reporting a decline year-over-year. According to Wednesday (Jan. 3) reports from Reuters, the sales decline came despite steep discounts on vehicles as uncertainty over tax reform and interest...
The holiday season is officially over, and the news was better than expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Approximately 44 percent of U.S. eCommerce sales, and 4 percent of total U.S. retail sales, were generated by Amazon in 2017, according to findings from market analytics firm One Click Retail. Impressive numbers, CNBC reported on Wednesday (Jan. 3), yet ones which also reveal plenty...
The early part of a new year is always rife with predictions, and venture capital firm Loup Ventures co-founder Gene Munster deserves credit from coming out of the dugout with a great big win. Get the Full Story Complete the form to unlock this article...
It’s 2018! That means that now, whenever people perceive something as backwards, unfashionable or antiquated, they’ll be quick to say it’s “so 2017.” But let’s not be so quick to write off the old year just because the new one has arrived. A lot of...
So far, so good for department stores in 2017: Early holiday sales results have spurred enthusiasm on Wall Street, which has turned into a happy New Year stock rally. JCPenney closed up nearly 11 percent, and Macy’s saw a 4.5 percent bounce, while Kohl’s and...
The average American got swept up in the holiday spirit this season, accumulating an average of $1,054 of debt — about 5 percent more than last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
New Year’s Day 2018 was met by biting cold temperatures across most of the U.S., a Mariah Carey comeback in Times Square and the state of California opening its doors for the sale of marijuana for recreational purposes. On that day, 400 shops had the appropriate licenses to open their...
