KHD Buzz – Online Holiday Sales Up 45%, More Legal Woes for Amazon and More

KHD Buzz – Online Holiday Sales Up 45%, More Legal Woes for Amazon and More

January 25, 2021 Off By Koehler Home Decor

US Online Sales Increased 45% Over the 2020 Holidays

According to a new report from Digital Commerce 360 US online retail sales jumped 45% over the 2020 holiday shopping season, reaching $201.32 billion year-over-year and making up 25.7 percent of all recorded retail revenue. Read More

Retailers Delist My Pillow Products After Founder Pushes Conspiracy Theories and Encourages Trump to Enact Martial Law

Major retailers including Walmart, Bed Bath & Beyond, Kohl’s, H-E-B and Wayfair announced they will no longer stock My Pillow products after the company’s CEO continued to make baseless allegations of voter fraud in the 2020 election and was photographed leaving a meeting with Donald Trump with notes mentioning a suggestion of martial law. Read More

Consumer Groups Allege Cancelling Amazon Prime is Made ‘Difficult’ on Purpose

Consumer rights groups says that the number of screens a consumer must go through to cancel Amazon Prime, which contain constant reminders of perks they will lose, manipulates members into staying with the program and needs to be addressed by governmental bodies. Read More

Poshmark IPO Exceeds Expectations

Early trading after the used goods site Poshmark went public has exceeded Wall Street’s expectations, with stocks hovering around the $100 mark consistently, after the shares were initially offered at half that price. Read More

CT AG Joins NY, CA and WA In Investigating Amazon

The Connecticut Attorney General, William Tong has joined his peers in New York, California and Washington in investigating Amazon for potential antitrust violations. Read More

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