Given the massive increase in ecommerce orders this holiday season, peak shipping volume has UPS and FedEx scrambling to keep up, as UPS dipped slightly in on-time performance. See what the data showed for both carriers as well as the U.S. Postal Service.
After a successful rollout of robotic fulfillment at its distribution center in Toronto recently, Hudson’s Bay Co. plans to expand the capability to a DC in Pottsville, PA sometime in 2017. See how the technology performed in Toronto, and how the company performed in terms of ecommerce growth during the third quarter.
Retail imports should be up 3.2% this month vs. 2015, as stores bring in the last of holiday merchandise, according to the monthly global port tracker from the National Retail Federation and Hackett Associates. The numbers come as NRF is forecasting $655.8 billion in holiday sales, a 3.6% increase over last year. The NRF saw the increase as a good sign for both the retail industry and the economy overall heading into the latter part of the holiday rush.
In an effort to focus on its U.S. business, Staples announced it would sell its European business to private equity firm Cerberus Capital Management LP., for $53.65 million. See what this will mean for Staples.
Sears reported a net loss of $748 million in the third quarter of 2016. This loss results in store closures and downsizing of existing store locations. See what other plans are in place for Sears as it moves forward.
All 3 major carriers – UPS, FedEx, USPS – are projecting double-digit growth for peak season. See what volumes they’re looking at this year and their holiday cutoffs schedules.
Wayfair announced the launch of its View in Room mobile app feature, allowing customers to see furniture in their home before they buy. See how this new feature will make the purchase decision easier for shoppers.
Ulta Beauty reported a 59.1% increase in ecommerce sales in the third quarter, even besting the impressive 56.3% growth in 2015. Here is what contributed to the ecommerce success and what it means for Ulta Beauty.
eBags announced that Cyber Monday 2016 was the biggest online day in history for sales, mobile, and site traffic. See what results eBags garnered and what its plans are going forward.
Cyber Monday hit a new record this year when it reached $3.45 billion spent online, an increase of 12.1% over 2015. See what other data was revealed on Cyber Monday and what it says about the rest of the holiday season.