Amazon sold 18 million toys on Black Friday (November 23) and Cyber Monday (November 26). It’s worth noting that Amazon institutes restrictions on third-party sellers in toy categories during the holiday season. Nevertheless, Amazon said sales by small and medium-sized Read more
In an apparent fit of braggadocio, a former executive seems to have revealed Amazon GMV, reporter Shira Ovide noted. An interesting mention of gross merchandise volume — a metric that Amazon does not disclose. pic.twitter.com/uMPyocRj6U — Shira Ovide (@ShiraOvide) November Read more
If it felt like holiday shopping started well before Thanksgiving weekend, you’re not wrong. Data from Salesforce shows retailers launched their best deals well in advance of Black Friday, with digital discount rates holding steady at 27% on Thanksgiving Day Read more
Walmart used to own Black Friday shopping with its chain of brick-and-mortar stores, but online shopping has changed the game. Even as marketplaces are stretching Black Friday and Cyber Monday online shopping almost as far back as Halloween, Walmart is Read more
Amazon is running a week of Cyber Monday deals that kicks off the day after Black Friday. From November 24 through December 1st, Amazon will feature new deals that include fast and free shipping options on hundreds of millions of Read more
Online marketplace Tictail will close next year, and sellers are venting about the bad news as they look for alternatives. Ecommerce platform Shopify is acquiring the marketplace, which sent an email to its sellers this week telling them the Tictail Read more
The US Postal Service extended contract negotiations with the American Postal Workers Union (APWU), with no disruption to delivery. Meanwhile in Canada, members of the Canadian Union of Postal Workers (CUPW) are engaged in rotating strikes, and both sides are Read more
USPS is running ads for the holidays and it published its forecast for the busiest shipping days. Between Thanksgiving and New Year’s Day, the Postal Service expects to deliver more than 900 million packages and nearly 15 billion pieces of Read more
Online marketplace Trade Me has received a takeover offer with a bid of $1.7 billion, according to the Aim Group. The company is the number one auction site and marketplace in New Zealand, and UK-based private equity firm Apax Partners Read more
eBay is running a sitewide flash sale on Wednesday, November 21st – but there’s a catch: “Coupon is only valid when you buy within the latest version of the eBay Mobile App on iOS or Android.” The sale kicks off Read more
