Skip to content
Search AI Powered

Latest Stories

Summer sales take spotlight off December e-commerce peak

Online retailers Walmart, Amazon, and JD.com drive June surges through special deals.

amazon Screenshot 2024-06-27 at 2.57.50 PM.png

Major summer sales from retailers like Amazon, Walmart and JD.com are continuing to shift consumer shopping patterns from a traditional annual spike in December to a series of smaller surges throughout the year.

Walmart on Monday said its “Walmart Deals” sale would run from July 8 to 11, offering price cuts on items electronics, home, toys, and travel, including top-selling items for the back-to-school season. To drive further sales into those four days, the Bentonville, Arkansas-bases company will also grant early shopping access to its Walmart+ members, who pay monthly subscriptions to get free shipping on e-commerce.


The event follows Walmart+ Week, which wrapped on June 23 and offered those Walmart+ members special benefits like increased fuel savings and Walmart Cash on travel bookings through Walmart+ Travel.

Those sales come just days before Amazon holds its 10th annual Prime Day event on July 16 and 17, the Seattle-based e-commerce company announced on Tuesday. Amazon drives a jump in sales on those days by offering its subscribers access to short-term offers from certain retailers and by announcing new deals at frequent intervals throughout the two-day surge.

Amazon further promoted the event by running ads featuring pop star Megan Thee Stallion unveiling the Prime Day sales dates through a music video and original song.

And the Chinese mega-retailer JD.com held a similar event just weeks earlier, holding its “2024 JD 618 Grand Promotion” on June 18. According to the company, 83 brands achieved a cumulative transaction volume exceeding $137 million, and more than 150,000 small and medium-sized merchants saw a 50% increase in sales.


 

 

The Latest

More Stories

Logistics economy grew in October

Logistics Managers' Index

Logistics economy grew in October

Economic activity in the logistics industry continued its expansion streak in October, growing for the 11th straight month and reaching its highest level in two years, according to the most recent Logistics Managers’ Index report (LMI), released this week.

The LMI registered 58.9, up from 58.6 in September, and continued a run of moderate growth that began late in 2023. The LMI is a monthly measure of business activity across warehousing and transportation markets. A reading above 50 indicates expansion, and a reading below 50 indicates contraction.

Keep ReadingShow less

Featured

port of vancouver

West coast dockworker strike could dent Canadian economy

The port worker strike that began yesterday on Canada’s west coast could cost that country $765 million a day in lost trade, according to the ALPS Marine analysis by Russell Group, a British data and analytics company.

Specifically, the labor strike at the ports of Vancouver, Prince Rupert, and Fraser-Surrey will hurt the commodities of furniture, metal products, meat products, aluminum, and clothing. But since the strike action is focused on stopping containers and general cargo, it will not slow operations in grain vessels or cruise ships, the firm said.

Keep ReadingShow less
trucks used by jillamy 3PL

Texas 3PL Mode Global acquires Jillamy’s freight brokerage arm

The Texas third-party logistics firm (3PL) Mode Global has acquired the freight brokerage business of supply chain service provider Jillamy, saying on Monday that the deal advances its strategy of expanding its national footprint.

Terms of the acquisition were not disclosed, but Mode Global said it will now assume Jillamy's comprehensive logistics and freight management solutions, while Jillamy's warehousing, packaging and fulfillment services remain unchanged. Under the agreement, Mode Global will gain more than 200 employees and add facilities in Pennsylvania, Arizona, Florida, Texas, Illinois, South Carolina, Maryland, and Ontario to its existing national footprint.

Keep ReadingShow less
Clorox partnership helps suppliers meet carbon reduction targets

Clorox partnership helps suppliers meet carbon reduction targets

Consumer packaged goods (CPG) provider The Clorox Co. has partnered with Manufacture 2030 (M2030) to help Clorox's suppliers meet their carbon reduction targets and advance the company's long-term goal of reaching net-zero emissions by 2050.

In addition to its flagship Clorox bleach product, Oakland, California-based Clorox manages a diverse catalog of brands including Hidden Valley Ranch, Glad, Pine-Sol, Burt’s Bees, Kingsford, Scoop Away, Fresh Step, 409, Brita, Liquid Plumr, and Tilex.

Keep ReadingShow less
U.S. map with drought risk

Everstream Analytics quantifies how climate risk affects supply chains

Supply chain risk analytics company Everstream Analytics has launched a product that can quantify the impact of leading climate indicators and project how identified risk will impact customer supply chains.

Expanding upon the weather and climate intelligence Everstream already provides, the new “Climate Risk Scores” tool enables clients to apply eight climate indicator risk projection scores to their facilities and supplier locations to forecast future climate risk and support business continuity.

Keep ReadingShow less