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/ Technology

E-commerce recession ends as Q3 online sales rise 1.8% over last year

After three quarters of year-over-year declines, e-commerce sales grew by 1.8% in Q3 to a seasonally adjusted total of $34.0 billion, the Department of Commerce reported today. Total retail sales declined 7.5% compared to the same quarter a year ago.

Posted 11/18/2009Don DavisPost a comment

After three quarters of year-over-year declines, e-commerce sales grew by 1.8% in Q3 to a seasonally adjusted total of $34.0 billion, the Department of Commerce reported today. Total retail sales declined 7.5% compared to the same quarter a year ago.

/ Technology

UPS’s package volume, revenue and income all suffer compared to a year ago

Parcel delivery company United Parcel Service of America Inc. today reported a 3.9% decline in average daily package volume for the third quarter vs. a year ago and a 15% decline in revenue and a 43% drop in net earnings.

Posted 10/22/2009Paul DemeryPost a comment

Parcel delivery company United Parcel Service of America Inc. today reported a 3.9% decline in average daily package volume for the third quarter vs. a year ago and a 15% decline in revenue and a 43% drop in net earnings.

/ E-Retailers

Daily package deliveries fall 4.7% at UPS while income drops 49% in Q2

UPS’s Q2 worldwide revenue fell 16.7% for the quarter while the average daily package volume fell 5.8%. Net income for the quarter fell 49% to $445 million.

Posted 07/24/2009Don DavisPost a comment

UPS’s Q2 worldwide revenue fell 16.7% for the quarter while the average daily package volume fell 5.8%. Net income for the quarter fell 49% to $445 million.

/ E-Retailers

Foot Locker’s new CEO continues his sprint through the top 500 e-retailers

In August, Ken C. Hicks will become president and CEO of Foot Locker, No. 53 in the Internet Retailer Top 500 Guide. He previously was president and chief merchandising officer at J.C. Penney (No. 15) and president of Payless ShoeSource (No. 302).

Posted 06/29/2009Katie DeatschPost a comment

In August, Ken C. Hicks will become president and CEO of Foot Locker, No. 53 in the Internet Retailer Top 500 Guide. He previously was president and chief merchandising officer at J.C. Penney (No. 15) and president of Payless ShoeSource (No. 302).

/ Technology

UPS’s revenue falls 13.7% while U.S. delivery volume drops 4.3%

First quarter revenue at UPS fell to $10.94 billion from $12.68 billion a year ago, the effect of the global economic slowdown, the company says. Daily package volume in the U.S. dropped to 12.7 million from 13.2 million.

Posted 04/24/2009Don DavisPost a comment

First quarter revenue at UPS fell to $10.94 billion from $12.68 billion a year ago, the effect of the global economic slowdown, the company says. Daily package volume in the U.S. dropped to 12.7 million from 13.2 million.

/ Technology

UPS reports 3% drop in Q4 average U.S. daily package volume

UPS reported today that average U.S. daily small-package volume fell 2.8% year over year for the fourth quarter ended Dec. 31, causing related revenue to decline 3.9%. Total revenue fell 5.2% for Q4 and 3.6% to $51.49 billion for the full year.

Posted 02/03/2009Katie DeatschPost a comment

UPS reported today that average U.S. daily small-package volume fell 2.8% year over year for the fourth quarter ended Dec. 31, causing related revenue to decline 3.9%. Total revenue fell 5.2% for Q4 and 3.6% to $51.49 billion for the full year.

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/ Technology

December’s first week sales: Online, up 7%; stores, down 3.5%

Online retail sales grew 7% during the week of Dec. 1 to 7 compared to the corresponding week a year ago, comScore Inc. reports, while store sales fell 3.5% during the week of Nov. 30 to Dec. 6, ShopperTrak reports.

Posted 12/10/2008Katie DeatschPost a comment

Online retail sales grew 7% during the week of Dec. 1 to 7 compared to the corresponding week a year ago, comScore Inc. reports, while store sales fell 3.5% during the week of Nov. 30 to Dec. 6, ShopperTrak reports.

/ Technology

How Sprint Nextel cashes in on its social buzz analytics data

Retailers like Sprint Nextel that use Lithium’s social media platform to support forums, blogs and other social content can analyze customer behavior using Omniture analytics. It’s Omniture’s first partnership with a social media platform vendor.

Posted 09/24/2008Paul DemeryPost a comment

Retailers like Sprint Nextel that use Lithium’s social media platform to support forums, blogs and other social content can analyze customer behavior using Omniture analytics. It’s Omniture’s first partnership with a social media platform vendor.

/ E-Retailers

Bombay’s future looks smaller

The Bombay Company could begin closing its network of almost 400 stores in the U.S. if a bankruptcy judge approves a buyout offer. It’s unclear what might happen with the retailer’s e-commerce operations.

Posted 10/16/2007Don DavisPost a comment

The Bombay Company could begin closing its network of almost 400 stores in the U.S. if a bankruptcy judge approves a buyout offer. It’s unclear what might happen with the retailer’s e-commerce operations.

UPS’s Q2 U.S. packages and revenue remain flat while global revenue grows

Second quarter revenue at UPS rose 3.9% to $12.19 billion from $11.73 billion a year ago, the company reported today. Net earnings reached $1.104 billion, up 4.05% from a year earlier. The company delivered 13.2 million packages a day in the U.S.

Posted 07/24/2007Don DavisPost a comment

Second quarter revenue at UPS rose 3.9% to $12.19 billion from $11.73 billion a year ago, the company reported today. Net earnings reached $1.104 billion, up 4.05% from a year earlier. The company delivered 13.2 million packages a day in the U.S.

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