Amazon
Amazon becomes top apparel retailer in US
According to research conducted by American-based bank Wells Fargo, Amazon has surpassed Walmart as the country's top apparel retailer
Amazon announces year end results and CEO transition
The ecommerce giant announced its financial results for the fourth quarter and year ended on the 31st of December 2020. Founder and CEO Jeff Bezos will transition to the role of Executive Chair and Andy Jassy will become Chief Executive Officer
Amazon launches clothing customization service
The giant e-commerce player said it is taking clothing customization to an affordable level thanks to the launch of the service Made for You. For now, the service is only available in the United States
Amazon is hiring 100 000 across the US and Canada
The online giant is expecting to open 100 new Operations sites in September across fulfilment centres, delivery stations, sortation centres and other sites. Amazon announced it will hire 100 000 people in the US and Canada
Stein Mart to install Amazon pick-up lockers
Amazon customers will soon be able to receive delivery of their orders at nearly 200 Stein Mart stores across 28 states. The giant ecommerce player has been focusing on some similar initiatives
Kohl’s expands network of Amazon returns
Amazon customers will now have free, easy returns in all Kohl’s stores. The new functionality will be rolled out to all network of Kohl's locations this summer
Amazon with record holiday sales
The US-based ecommerce giant announced a “record-breaking holiday season” with athleisure cited as a “top trend”. Amazon registered more items ordered worldwide than ever before, with customers shopping at record levels from a wide selection of products across every department
Nike to sell on Jet.com
Walmart-owned Jet.com will start offering Nike product in October ahead of the holiday season as part of a relaunch focused on urban dwellers. Converse will also be available
Birkenstock discontinuing Amazon deliveries in Europe
The Germany-based footwear company has issued a statement where it claims consumers have been misled by counterfeit products offered for sale on Amazon Marketplace. They will discontinue deliveries through Amazon effective in the new year
Amazon bets on brick and mortar in India
The US-based ecommerce giant has announced its first investment in the brick and mortar segment in the Asian country
Nike might start selling directly on Amazon
Nike might be on the verge of reaching a deal to sell directly on Amazon.com, according to a report from Goldman Sachs, hovering competition for brick-and-mortar sporting goods retailers
36% of customers planning to increase shoes spending over the holidays
The FDRA, the association representing the Footwear Distributors and Retailers of America, conducted a nation-wide shoe sales survey aiming to analyse the online purchases in this holiday season- 1
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