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Amazon Posts Strong Q2 Earnings, Misses Street Sales Estimate

Amazon Posts Strong Q2 Earnings, Misses Street Sales Estimate

by Mike Duff | Jul 30, 2021 | Featured News, Retail Articles

Amazon beat a Wall Street earnings estimate for the second quarter but came in short of a sales estimate despite substantial revenue gains. For the second quarter, Amazon posted a net income of $7.78 billion, or $15.12 per diluted share, compared with $5.24 billion,...
Amazon Posts Strong Q2 Earnings, Misses Street Sales Estimate

Prime Day 2021 Displays Modest Sales Growth

by Chandler Harvey | Jun 25, 2021 | Retail Articles

Amazon scored Prime Day sales of $11.19 billion globally over the two-day promotional period spanning June 21 and June 22, Digital Commerce 360 estimates, a gain that the market research characterized as significant but “modest,” as multiple observers released...
Third-Party Sellers Flourish on Amazon Prime Day 2021

Third-Party Sellers Flourish on Amazon Prime Day 2021

by Chandler Harvey | Jun 24, 2021 | Retail Articles

Amazon third-party sellers had their biggest two-day period ever during the Prime Day 2021 event with Prime members in 20 countries shopping more than ever before, the company asserted. In fact, third-party growth, nearly all of which comes from small and medium-sized...
Numerator: Home Leads Early Amazon Prime Day Action

Numerator: Home Leads Early Amazon Prime Day Action

by Peter Giannetti | Jun 22, 2021 | Retail Articles

Market analytics company Numerator has tracked early Amazon Prime Day action and, as of 9 a.m. on June 22, it determined: The top purchase categories were Household Essentials, at 29% of items purchased, Home & Garden, at 27%, Apparel & Shoes, at 25%, and...
Bed Bath & Beyond, buybuy BABY Team for ‘Big’ Promo

Bed Bath & Beyond, buybuy BABY Team for ‘Big’ Promo

by Peter Giannetti | Jun 18, 2021 | Retail Articles

The Bed Bath & Beyond initiative to counter-program Amazon’s Prime Day emerged with a bit of a portfolio twist by pairing the namesake banner promotion with one at buybuy BABY. The retailer announced that its Beyond BIG Savings Event would be bigger and better...
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