week of 10/19/20 Prime Day Hits $10B in Sales; Party Continues with New Holiday Dash Another Prime Day is in the books, with Amazon reporting that third-party sellers rang up $3.5 billion in sales over the two days, up 60% from $2.2 billion in 2019, and once again Amazon devices were big winners. eMarketer pegged the worldwide total for Prime Day at a shade under $10 billion, up a hefty 43% from $6.93 billion in 2019. Many Positive Indicators for Retail Holiday Sales, Even With Uncertainty Analysts and experts are looking optimistically to modest retail holiday sales gains to cap off a tough year, but like most of the rest of 2020 it will be a tale of two channels as stores remain a question mark during some fall pandemic surges and consumer wariness. Frank and Oak First Acquisition of New Retail Investment Group A former Macy’s executive and a Wall Street veteran have teamed up to start a retail acquisition and advisory group that’s looking to build up a stable of purpose-driven brands it can help scale and grow globally. The group launched with the acquisition of distressed Canadian apparel brand Frank and Oak, which closed on Oct. 8. Ditch the Department Store: How DTC Brands Are Taking Back Control The one thing brands can control is their online sales channel. From checkout to last mile delivery, DTC brands can ensure a seamless ecommerce experience. With the majority of Q4 and holiday shopping expected to shift online, brands must have their entire ecommerce channel prepared for an optimal customer experience. Sink-or-Swim Holidays: Retailers Can Get By with a Little Help from Tech 6 Ways to Reduce Expensive Ecommerce Picking Errors Staples to Accept Returns from Other Retailers Through Optoro Partnership How to Create a Memorable Unboxing Experience This Holiday Season See open jobs for ecommerce, marketing, and fulfillment operations View Jobs