Amazon Prime Day 2019 sales cross $7 billion

Prime Day 2019 is now Amazon.com Inc.’s biggest sales event ever, surpassing its previous Prime Day, Black Friday and Cyber Monday sales events. Amazon (No. 1 in the Internet Retailer Top 1000 and No. 3 in the Online Marketplaces database) didn’t provide specifics on sales or growth of its fifth-annual Prime Day. However, based on … Read more

The growth of grocery sales is online

Still a small part of the roughly $1 trillion U.S. grocery market, online sales of food, beverages, toothpaste and other consumer packaged goods (CPGs) are growing much faster than offline sales, which have remained relatively flat. For example, online CPG sales grew 29.0% in the 52 weeks ended Aug. 25, compared with 2.6% growth among … Read more

Why is McDonald’s buying a personalization vendor?

McDonald’s Corp. wants to supersize its drive-thru sales and thinks personalized offerings can help. The massive fast-food retailer announced Monday it is buying Dynamic Yield Ltd., a personalization vendor based in New York and Tel Aviv. The purchase price was not disclosed. However, according to Wired, people familiar with the deal say the price tag … Read more

The Supreme Court overturned Quill. Now what?

Scott Peterson was just settling into a large conference room in the Seattle headquarters of tax automation vendor Avalara on the morning of June 21 when he got an email ping that changed everything. The email was a news alert that reported the U.S. Supreme Court had decided the South Dakota v. Wayfair Inc. case. … Read more

Online jewelry sales shine at Richline Group

Ecommerce is shining bright at Richline Group, says Lee Senderov, executive vice president of digital commerce. Richline is the parent company of web-only jewelry retailers Gemvara.com, Jewelry.com, Honora.com and Silpada.com. Across all of its brands, online sales increased by a double-digit percentage last year, Senderov says, citing the holiday season as a key driver of … Read more