digital sales Archives - Maritime Shipping News

Amazon’s Prime Day returns in July — here are the logistics

16 June 2022

Prime Day is back. Amazon on Thursday finally revealed that the e-commerce pseudo-holiday will return on July 12 and 13, with member-only deals beginning as early asTuesday.

For Prime Day 2022, Amazon (NASDAQ: AMZN) emphasized that customers will be able to shop from more third-party sellers than last year. It touted the number of small and midsized businesses that would be available, and Amazon is rewarding customers who buy from small businesses with some big prizes — including tickets to...

https://www.freightwaves.com/news/amazons-prime-day-returns-in-july-here-are-the-logistics

Money launderers find safe havens amid e-commerce boom

24 March 2022

Drug cartels using e-commerce to launder money

Marty Byrde and his family in the runaway hit Netflix series “Ozark” gives viewers an inside look at criminal enterprises and the efforts they go through to launder money. In the show, Byrde leverages legitimate businesses — a funeral home, strip club and casino — in an effort to launder money for a Mexican drug cartel.

To make the series as realistic as possible, producers brought in FBI agents and financial compliance specialists to ensure the plot was accurate when it came to how money...

https://www.freightwaves.com/news/money-launderers-find-safe-havens-amid-e-commerce-boom

E-commerce consumers keep shopping, even as inflation drives up prices

21 March 2022

Inflation has driven e-commerce revenue higher in the past year, with the first two months of 2022 particularly impacted, according to research from Adobe.

The firm said $3.8 billion of e-commerce sales growth in January and February of this year was due to higher prices. The U.S. Bureau of Labor Statistics’ Consumer Price Index said e-commerce sales fell 3.7% in February from January, which saw a 14.5% increase from December. Neither number was adjusted for inflation.

Adobe (NASDAQ: ADBE), which

https://www.freightwaves.com/news/e-commerce-consumers-keep-shopping-even-as-inflation-drives-up-prices

Kroger continues deep dive into e-commerce grocery, announces new facilities

7 March 2022

Kroger expands e-commerce grocery service

Grocery retailer Kroger is continuing its rapid advancement of online grocery options, announcing that it is expanding its fulfillment network to three new cities this year.

Speaking at a business update meeting in Orlando, Florida, on Friday, Kroger officials said the company would open fulfillment centers in Austin and San Antonio, Texas, and Birmingham, Alabama. Similar to its previous expansion into Florida, the (NYSE: KR) fulfillment centers will handle e-commerce grocery without a physical...

https://www.freightwaves.com/news/kroger-continues-deep-dive-into-e-commerce-grocery-announces-new-facilities

E-commerce logistics success starts before the customer hits ‘Buy’

21 January 2022

Not that many years ago, few people in retail understood the importance of the e-commerce customer journey. Yes, retailers tracked buying habits. Some offered “recommended products” based on these habits. Others created reward programs for frequent shoppers. But the customer journey was most often defined by each of the silos that made up an e-commerce transaction.

That is changing, in no small part because of the COVID-19 pandemic. What the pandemic has taught retailers is that even if they...

https://www.freightwaves.com/news/e-commerce-logistics-success-starts-before-the-customer-hits-buy

Bed Bath & Beyond’s rethinking of supply chain driving digital gains

1 September 2021

Two years ago, Bed Bath & Beyond was behind the times. Prior to the pandemic, the company focused almost exclusively on in-store sales.

“The pandemic taught all of us hard lessons,” COO John Hartmann said during his opening keynote address on Wednesday at the Home Delivery World 2021 conference in Philadelphia. “For Bed Bath & Beyond, that was [we were] behind the curve.”

Executive leadership at the company has turned over, including Hartmann himself, and a new focus on technology, innovation and...

https://www.freightwaves.com/news/bed-bath-beyonds-rethinking-of-supply-chain-driving-digital-gains