Stores, Digital Sales Support Walmart’s Advance In Q2
Walmart advanced in the second quarter, gaining both store and digital sales, as the retailer continued to ramp up its e-commerce and technology investments.
e-commerce
BJ’s Advances Digital Transformation With New Desktop Site
BJ’s Wholesale Club is launching a new desktop website that will make it easier for members to research and buy products, as well as manage their memberships.
Gallup: Online Grocery Shopping Catches On Slowly
Online grocery shopping is a hot topic, with Walmart and Amazon.com among those making big investments. But according to a Gallup study, digital is still a long way from replacing the in-store grocery experience in the U.S.
E-Commerce Bolsters QVC In Q2
Liberty Interactive, looking ahead to its pending purchase of HSN, posted soft financial results for the second quarter, buoyed by modest e-commerce gains at QVC.
Walmart Develops Easy Reorder Digital Service
Walmart is making reordering easier on its mobile app and website as the retailer continues to encourage consumers to take advantage of convenience features it is adding.
Wayfair Q2 Sales Grow, Net Loss Shrinks
With the number of active consumers up more than 40% year over year, Wayfair reported strong sales growth for the second quarter.
Amazon Q2 Sales Up, But Net Income Falls
Second quarter net sales at Amazon.com were up 25%, but the company reported declines in net income and earnings per share.
Sears Launching Kenmore Products On Amazon
Sears Holdings is launching a line of Kenmore products on Amazon.com, which includes the integration of the full line of Kenmore smart appliances with Amazon Alexa.
NPD: Back-To-School Shoppers Weigh Practical Preferences
Practical considerations about price, convenience and product quality are paramount when consumers consider where and how to do their back-to-school shopping, whether in-store or online, according to the new back-to-school report from The NPD Group.
Houzz Gains New Financing To Accelerate Growth
Houzz, a home remodeling website and e-commerce retailer of home furnishings and housewares, has closed $400 million in Series E financing, with the deal led by ICONIQ Capital, as the company looks to accelerate its growth initiatives.