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Tag Archives: e-commerce

Third-Party Sales Surge During Amazon Prime Day

amazon prime day

Amazon says small and medium-size businesses were the big winners during the company’s 2020 Prime Day event, traditionally one of the biggest online shopping days of the year. Third-party sellers on Amazon, which include many small enterprises, surpassed $3.5 billion …

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Solidify Your Strategy to Reach Customers Amid COVID-19

marketing covid-19

Marketing your business strategically is more important than ever as customers quickly adopt new shopping habits and view the retail experience through a new lens of safety and security during the pandemic. The Association of National Advertisers (ANA) recently published …

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Do it Best Virtual Fall Market Opens With Reimagined Opportunities

do it best virtual market

The 2020 Do it Best Fall Market kicked off Sept. 13 virtually, and the co-op brought in new and returning opportunities so its members could get the most value out of the virtual event, despite not being able to meet …

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Lowe’s Reports $27.3B in Q2 Sales

Lowe's

Home improvement chain Lowe’s achieved $27.3 billion in second-quarter 2020 sales, up 30 percent from the same period in 2019, the company reports. Lowe’s net earnings for the quarter were $2.8 billion, a 64 percent increase sales in the same …

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Home Depot Sees 23% Sales Spike in Q2 Sales

home depot sales

Big-box home improvement chain Home Depot has released its second-quarter 2020 financial results, achieving net sales of $38.1 billion. This figure marks a 23 percent increase over the same period in 2019 and a 34 percent increase over first-quarter 2020 …

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How COVID-19 Is Changing Business for Contractors

contractors

Since March, The Farnsworth Group and the Home Improvement Research Institute (HIRI) have collected data on DIYers’ and contractors’ home improvement sentiments during COVID-19. The complete report for the organizations’ Weekly COVID-19 Tracker reveals contractors are relying on brick-and-mortar home …

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Lowe’s Details Supply Chain Upgrades

lowe's supply chain

Big-box retail chain Lowe’s is planning an update to its supply chain in an effort to bolster home delivery services for pro and DIY customers. Over the next 18 months, Lowe’s plans to open 50 cross dock delivery terminals, seven …

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Walmart to Eliminate Hundreds of Corporate Jobs

walmart

Walmart is cutting hundreds of corporate positions as it merges its online and store businesses in the U.S., reports CNBC. The big-box retail chain has not disclosed how many corporate positions will be affected by the cuts, but the eliminated …

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