KHD Buzz – $11 Billion Prime Day Predicted, More Third Party Marketplaces Open Online, Pandemic Puppies are Still a Thing and More
Adobe Predicts Prime Day Spending to Top $11 Billion.
With this year’s Amazon Prime Day in full swing today, big spending is expected not just at the retailer’s site but also at many other online retail outlets offering competing sales. A report published by Adobe just prior to the big day predicts spending will top that of Black Friday or Cyber Monday and hit the $11 billion mark. Read More
To Compete with Amazon, More Retailers are Offering Third Party Marketplaces.
With over half its products sold by third party merchants, Amazon Prime Day should provide a sales boost for many smaller retail merchants. And with the success of that business model now well-established an increasing number of big retailers are following suit. With Walmart and Target leading the way, the likes of Express, Urban Outfitters Inc. and J.Crew Group are getting in on the act too. Read More
Pandemic Puppies are Still A Thing
America may be opening up again, but according to Chewy.com CEO Sumit Singh the ‘pandemic puppy’ trend is still going strong, with the demand for dogs, and all the stuff pet parents need to buy for them, no showing any signs of slowing down. Read More
Macy’s Will Stage July 4th Fireworks After All
After skipping the extravaganza in 2020 due to the COVID-19 pandemic Macy’s have announced that they will be staging their July 4th fireworks display this year, offering another sign that US retail and its traditions and standard practices are getting back to ‘normal’. Read More