Marketplaces Archives - Page 2 of 58

Report: Amazon Delivering Expired Food to Customers

October 21, 2019 | Daniela Forte

While Amazon is the go-to marketplace for an increasing number of consumers today, it is reportedly delivering unsafe food products past their expiration date, according to CNBC. This is on top of continuing allegations about the sale of counterfeit goods on the leading marketplace.

Walmart Takes on Amazon with New Pricing Program

October 15, 2019 | Daniela Forte

Walmart is launching a program called “Competitive Price Adjustment” that will temporarily lower the prices consumers pay for some items on its marketplace. Here is how Walmart is competing with Amazon with this new program.

Amazon Plans to Open U.S. Chain of Grocery Stores

October 2, 2019 | Daniela Forte

Amazon plans to open a chain of grocery stores in the U.S. beginning with locations in Los Angeles, Chicago and Philadelphia. See whether Amazon competes with its own Whole Foods chains in the grocery arena.

eBay CEO Devin Wenig Resigns, Citing Differences with Board

September 27, 2019 | Mike O'Brien

eBay announced the resignation of President and CEO Devin Wenig, who said in departing after eight years at the helm that he’s been out of sync with the company’s new board, of which he was a member. He will be replaced on an interim basis by Scott Schenkel, eBay’s senior vice president and CFO.

FTC Steps Up Investigation of Amazon Over Anti-Competitive Charges

September 12, 2019 | Mike O'Brien

Investigators from the FTC have begun interviewing merchants selling on Amazon’s third-party marketplace in an attempt to ascertain if the ecommerce giant is using anti-competitive practices, according to a report in Bloomberg. They’re asking merchants how much business they do on Amazon.com vs. other major marketplaces.

Senators Calling Out Amazon on Product Recommendations

August 15, 2019 | Daniela Forte

U.S. Senators Richard Blumenthal, D-CT, and Bob Menendez, D-NJ, wrote a letter to Amazon CEO Jeff Bezos questioning how Amazon chooses which products to put on its “Amazon’s Choice” recommendation list.

Prime Day by the Numbers: 175 Million Items Ordered and Other Cool Stats

July 17, 2019 | Mike O'Brien

Prime Day saw 175 million items purchased by Prime members over the two days, according to Amazon, eclipsing its 2018 Black Friday and Cyber Monday sales combined, while analysts pegged total GMV at $6 billion to $6.2 billion. See what other interesting statistics we found to paint a picture of the concocted “Christmas in July.”

Large Retailers See 64% Prime Day One Sales Lift; Glitches Repeat

July 16, 2019 | Mike O'Brien

Large U.S. retailers over $1 billion saw a nice Prime Day bump on July 15 according to data from Adobe Analytics, with a 64% increase in sales vs. a typical Monday, up from 54% last year. Smaller retailers under $5 million, meanwhile, realized a smaller 30% sales lift, Adobe said. Meanwhile, some checkout glitches recurred this year.

Prime Day Expected to Hit $5.8B in Sales; 250 Retailers Joining the Party

July 11, 2019 | Mike O'Brien

Prime Day, running for 48 hours on July 15-16, is expected to generate $5.8 billion in global sales, with an estimated 250 retailers drafting in its wake as more of them realize the huge potential. Also, Prime membership has grown to 105 million in the U.S., and electronics, home goods and apparel are the hot categories.

How to Win Amazon Prime Day, When You’re Not Amazon

July 10, 2019 | Eduardo Vilar

Amazon’s Prime Day 2018 became the biggest shopping day in its history, beating out Cyber Monday and Black Friday, resulting in a whopping 100 million products sold and an estimated $3.4 billion in sales. With the July event continuing to expand both on and off Amazon, it is critical for retailers and brands to have a strategy in place to win this year’s Prime Day, even when you’re not Amazon. Here are four ways to help retailers have an Prime Day strategy of their own.

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