e-commerce sales

TikTok looks to tech startups to jump-start e-commerce business

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The news of TikTok’s U.S. launch of TikTok Shop got many in the logistics industry excited by the...

https://www.freightwaves.com/news/tiktok-looks-to-tech-startups-to-jump-start-e-commerce-business

Peak season is upon us — what’s different this year?

Peak season isn’t what it used to be.

For decades, retailers had an idea of what to expect around the holidays: a short but massive plateau in volume and supply chains that (for the most part) were expected to run smoothly.

When COVID-19 hit, it changed everything. Peak season got even longer, demand got even stronger and supply chains were thrown completely out of whack.

But even in the new normal of peak season, there will always be some nuances from year to year, and 2022 is no different.

One...

https://www.freightwaves.com/news/peak-season-is-upon-us-whats-different-this-year

What’s next for TikTok after news of US fulfillment bid?

TikTok app

What does TikTok have up its sleeve?

The massive social media platform is reportedly making an unlikely entrance into the U.S. fulfillment services market. More than a dozen job listings posted by TikTok over the past two weeks signal that the company is building its own fulfillment centers to handle orders from TikTok Shop, as first reported by Axios.

TikTok Shop is the platform’s e-commerce shopping option, first launched in 2021 in the U.K. It operates in select markets and connects users to...

https://www.freightwaves.com/news/whats-next-for-tiktok-after-news-of-us-fulfillment-bid

Amazon to host second Prime Day-like sale in October

Amazon Prime delivery

As the saying goes, lightning never strikes in the same place twice. But when you’re the world’s largest marketplace, the rules don’t always apply.

Amazon (NASDAQ: AMZN) seems to think it’s captured that lightning in a bottle. After another electric Prime Day sale that saw consumers pour billions of dollars into the e-commerce giant, Amazon on Monday introduced the Prime Early Access Sale, a two-day event that resembles Prime Day in everything but name. It’s the first time the company is hosting...

https://www.freightwaves.com/news/amazon-to-host-second-prime-day-like-sale-in-october

E-commerce platform Cart.com expands US fulfillment footprint

e-commerce cart online shopping

Warehouse space is tough to come by at the moment, and it will likely stay that way through 2023. But this Amazon competitor remains unfazed.

Cart.com, an e-commerce firm focused on growing brands through omnichannel sales and fulfillment, on Friday announced that it added 1.6 million square feet of warehouse capacity by expanding its fulfillment centers in Memphis, Tennessee; Columbus, Ohio; Salt Lake City; and North Texas. That nearly doubles the firm’s total warehouse space in the U.S.

The...

https://www.freightwaves.com/news/e-commerce-platform-cartcom-grows-us-fulfillment-footprint

For Amazon, Prime Day 2022 may be more about growth than sales

Amazon Prime Day

Prime Day is Amazon’s e-commerce anchor. Each year, the massive marketplace can count on Prime members spending billions of dollars during the event, which last year generated record sales of about $11.2 billion.

Prime Day 2022, which begins Tuesday, is expected to top that high water mark once again. But between an e-commerce slowdown and stagnating Prime membership numbers, this year’s event might be less about sales and more about growth for Amazon (NASDAQ: AMZN).

Analysts are skeptical that...

https://www.freightwaves.com/news/for-amazon-prime-day-2022-may-be-more-about-growth-than-sales

Fashion and apparel lead way in North America e-commerce sales

e-commerce fashion and apparel

It’s true that e-commerce growth is slowing amid inflation and reduced pandemic fears. But for the first time in history, U.S. retail e-commerce sales are projected to surpass $1 trillion in 2022, according to data from eMarketer. 

One industry in particular is leading the way. According to the inaugural e-commerce industry trend report from e-commerce platform BigCommerce (NASDAQ: BIGC), the fashion and apparel sector has been a North American e-commerce powerhouse so far in 2022.

BigCommerce...

https://www.freightwaves.com/news/fashion-and-apparel-lead-way-in-north-america-e-commerce-sales

No surprise: Data shows major e-commerce slowdown in Russia, Ukraine

E-commerce sales to customers in Russia and Ukraine decline sharply amid conflict

On Wednesday, FreightWaves CEO Craig Fuller wrote that with a second Cold War upon us, supply chains will be the front lines. And already, there’s a battle taking place in the e-commerce theater.

On Feb. 24, the day Russian President Vladimir Putin announced Russia’s invasion of Ukraine, e-commerce sales to customers in Russia were up 7% from the beginning of the month, according to data from Signifyd, continuing on a path of steady growth. 

But the next day, e-commerce sales destined for buyers...

https://www.freightwaves.com/news/no-surprise-data-shows-major-e-commerce-slowdown-in-russia-ukraine

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