EP265 - News and Listener Questions

Amazon News

• Amazon acquisition of MGM
• DC attorney general sues Amazon on antitrust grounds
• Amazon limited FBA access
• Amazon addressing review fraud
• Amazon Prime Day likely June 21 and 22

Other News

• Perch (from Episode 252) raises $775M
• Walmart testing a new livestream format
• Fedex struggling with late deliveries and adding higher surchages

Retail Q1 Earnings

• Ulta – US Comps up 65.9% (up 7% from 2YA)
• Costco – US Comps up 18.2%, e-commerce up 41.2%
• Dollar General – US Comps down 4.6%; (up 17.1% from 2YA)
• Best Buy – US Comps up 37.9%, e-commerce up 7.6% (online revenue was 33.2% versus 42.2% last year)
• Burlington – Comps up 20% (shutdown e-commerce Q1 2020)
• Gap – Comps up 28% (up 13% vs 2YA). Digital up 82% vs 2 YA.  Digital now 40% of total sales.

Episode 265 of the Jason & Scot show was recorded on Thursday May 27, 2021.

Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.

EP264 - Retail Earnings, E-Commerce Quarterly Data 

US Dept of Commerce Data

April Sales – Flat vs. March 2021, up 41% vs. April 2020 (severely Covid impacted month). Many categories were wildly up, most notably Apparel which was up 727% vs the same month last year.

Q1 E-Commerce – Up 7.7% vs Q4 2020, up 39.1% vs Q1 2020.

Retail Q1 Earnings

• Walmart – US E-Commerce up 37% YoY, same-store sales saw up 6%  YoY
• Target – US E-Commerce up 50% YoY, same-store sales saw up 18%  YoY
• Macys – US E-Commerce up 34% YoY, same-store sales saw up 62.5%  YoY
• TJ Max – Same-store sales up 16%  YoY (E-Commerce not disclosed)
• Lowes – US E-Commerce up 36,5% YoY, same-store sales saw up 11.3%  YoY
• Home Depot – Same-store sales were up 29.9%  YoY, they did not disclose e-commerce for the first time (which is usually a warning sign).

Episode 264 of the Jason & Scot show was recorded on Wednesday May 19, 2021.

http://jasonandscot.com

Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.

EP263 - Amazon Unbound Author Brad Stone 

In 2014 Brad Stone wrote the seminal biography of Amazon, "The Everything Store." In it, he discovered Jeff Bezos birth father, and even earned a negative review on Amazon, from Amazon's co-founder Mckinsey Scott (then McKinsy Bezos). Brad is also a Senior Executive Editor with Bloomberg News, and can be found at his personal website brad-stone.com.

This year Brad followed it up with Amazon Unbound, which released on May 11, 2021. Chronicling the dramatic growth of Amazon and Jeff. Bezos (now the richest person in the world).

In this episode we interview Brad to find out all about the Amazon Unbound.

Episode 263 of the Jason & Scot show was recorded on Wednesday May 13, 2021.

Disclosure: Links are affiliate links

http://jasonandscot.com

Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.