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Tag: breaking

Why Nike and Amazon are breaking up – The Fashion Retailer

As reported by Bloomberg (November 2019), Nike is breaking up with Amazon and will stop selling its apparel and sneakers directly from Amazon´s site. “As part of Nike’s focus on elevating consumer experiences through more direct, personal relationships, we have made the decision to complete our current pilot with Amazon Retail,” the company said in …

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BREAKING: Stage Stores cuts staff, closes dozens of stores

Stage Stores has laid off corporate staffers this week, according to two people familiar with the company’s operations as well as social media posts and message boards.  The exact number of employees let go is unclear, as the company did not announce the total layoffs to staff, but two sources said the number was more …

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The trouble with breaking up Amazon? Its online store is so good, Retail News, ET Retail

By Farhad Manjoo Amazon is a genie of consumerist wishes, and it keeps growing more irresistible. The company’s online store has always been convenient and plentiful, but in the last year, Amazon significantly increased the speed at which it delivers products, with many items delivered overnight to its Prime members. Investors on Wall Street are …

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Verizon: Online holiday traffic isn’t breaking any records yet

Get great content like this right in your inbox. Subscribe Early holiday digital commerce traffic trends are more ho-hum than ho ho ho. According to the Verizon Holiday Retail Index, e-commerce traffic was down 9.3% for the seven-day period of Nov. 11-17, 2019, compared to comparable seven-day period in 2018. This is lower than previously …

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