Remove eCommerce Remove Forecasting Remove Investments
article thumbnail

Amazon One-Day Shipping Investments Could Impact Profits

PYMNTS

As investors monitor the impact of Amazon ’s one-day delivery investments on profit, the eCommerce retailer is set to report its Q4 earnings. The eCommerce retailer said in its last earnings report it would spend $1.5 Amazon, for its part, is forecast to post a decline in Q4 profit from $6.04

article thumbnail

China’s ‘Once-In-A-Lifetime Disruption’ For eCommerce

PYMNTS

In an interview with Karen Webster, James Huang, Payoneer ’s regional vice president of Greater China, said the seismic shifts underway signal a change in how global online consumers interact with Chinese eCommerce sellers. As Huang said, it’s been a challenging time. Inventory Buildup.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

US eCommerce On A Tear In Q3

PYMNTS

15) revealed that the eCommerce market took a small dip in sales during the third quarter. Q2 saw eCommerce sales increase by 15.8 In fact, the National Retail Foundation released its 2015 economic forecast in February with estimates of just a 3.1 Department of Commerce on Thursday (Sept.

article thumbnail

DICK’S Sporting Goods eCommerce Sales Rise 15 Pct In Q1

PYMNTS

With better-than-expected revenues and earnings, DICK’S Sporting Goods ’ eCommerce sales jumped 15 percent in the first quarter. Chief Executive Ed Stack noted that the retailer’s same-store sales “turned positive in March and remained positive in April, as we started to see the benefits of our key strategies and investments.”

article thumbnail

PYMNTS Daily Data Dive: US eCommerce Grows But Retail Needs Support

PYMNTS

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Matthew Shay, president and CEO of the NRF, cited easing wage stagnation, increasing employment and consumer confidence as factors influencing eCommerce growth. Earlier projections had predicted slower growth for 2016.

article thumbnail

Big Lots Q3 Earnings Break Records, Blow Past Forecasts

PYMNTS

billion in revenue, surpassing Wall Street’s forecasts. The Columbus, Ohio-based chain has beat revenue forecasts three times over the last four quarters. The average revenue estimate of six analysts surveyed by Zacks Investment Research was $1.38 Discount retailer Big Lots reported a third-quarter profit of $29.9 million on $1.38

article thumbnail

Coupang Gets $2B Investment From SoftBank’s Vision Fund

PYMNTS

Coupang, the South Korean eCommerce company, is getting a $2 billion investment from SoftBank’s Vision Fund, which will provide it with the money to speed up development of delivery and shopping services. SoftBank invested $1 billion in Coupang back in 2015, valuing the company at $5 billion the time.