Latest Headlines

Latest Headlines

Millennials with kids 50% more likely to grocery shop online

Millennials with children are 50 percent more likely to shop for groceries online than total U.S. shoppers. According to a new survey from the Coca-Cola Co., online grocery shoppers are also more likely to be members of affluent households, multiculturals and urbanites.

Grocery delivery service receives Series A funding

Grocery delivery service Shipt has secured $20.1 million in Series A funding. Greycroft Partners, Harbert Growth Partners and led the round to support the Alabama-based company's role in the fast-growing online grocery marketplace.

Smartphones account for 45% of online shopping traffic

Smartphones accounted for 45.1 percent of all shopping traffic online in the first quarter of 2016. According to a study from Demandware, phones barely took the lead over computers, which accounted for 45 percent of all traffic.

Jet reaches $1B in sales in first year

At the end of its first year, online marketplace has sold about $1 billion worth of goods to more than 4 million customers, reported Business Insider. The product assortment has grown by 20 percent to reach 12 million items for sale.

Prime Day causes 4% dip in revenue on other e-commerce sites

This year's Amazon Prime Day, the biggest day in the company's history, represented a 60 percent growth in global sales from last year's inaugural Prime Day. However, other e-commerce sites saw conversion rates and revenue go down on that day.

Safeway tops e-commerce list for customer engagement in June

Safeway's e-commerce site topped the list of the 10 most popular U.S. shopping websites in June. According to analytics company SimilarWeb, the online grocer had the most pages viewed per visit on desktop, averaging more than 22 pages per customer visit.

This brand is quitting Amazon over fakes

Footwear brand Birkenstock will quit selling on Amazon due to the proliferation of fake and counterfeit products. In addition, the company will no longer allow third-party merchants to sell Birkenstock products on Amazon's marketplace.

UK grocers get competitive with Amazon

Sainsbury's is testing a one-hour delivery service as U.K. grocers get ready for a market battle with Amazon as it expands Prime.

A deeper dive into Prime Day data

Prime Day was Amazon's single biggest day ever. Sales soared 300 percent over last year and Amazon issued a statement last week detailing some highlights. But there was a good deal left unsaid, according to 1010data.

eBags accelerates growth

Online retailer eBags announced record growth for the second quarter of 2016, with strong double-digit gains and record sales on Prime Day.