E-commerce platform Shopify recently unveiled its Future of Commerce 2021 report, highlighting bold predictions for where retail will go throughout 2021. The report combines insights from the company’s 1 million retailers across 11 countries. Discover some of the key takeaways …
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Timely Tech Investments Pay Off for Washington Lumberyard
In the early days of March, Cheryl Brown and the Knudson Lumber team in the Kittitas Valley of Washington were busy putting the final touches on a new addition to the 80-year-old family business: an e-commerce site. Since 1940, Knudson …
Read More »2020 Holiday Sales Expected to Climb 5.2%
The traditionally busy shopping season from Thanksgiving Day in the U.S. to Cyber Monday has looked quite a bit different in 2020. The Associated Press reports the COVID-19 pandemic kept in-person Black Friday shopping crowds thin, but a surge in …
Read More »Third-Party Sales Surge During 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 …
Read More »Solidify Your Strategy to Reach Customers Amid 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 …
Read More »Do it Best Virtual Fall Market Opens With Reimagined Opportunities
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 …
Read More »Lowe’s Reports $27.3B in Q2 Sales
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 …
Read More »Home Depot Sees 23% Sales Spike in Q2 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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