Retail giant sees stock soar 12% in after-hours trading after exceeding forecasts.
Amazon Fashion is launching a digital store that will focus on local creativity, supporting small- and medium-sized fashion brands.
Digital sales of apparel spiked 47% in February as consumers continued to rapidly adapt to online shopping, helping to fuel a 54.7% rise in e-commerce sales.
The sportswear giants’ Q2 revenue came in at $11.2 billion vs. $10.55 billion expected and $10.33 billion year over year.
According to new analysis from Salesforce, total digital sales for December 1 – December 14 hit $181 billion globally.
Kroger sales continued to climb during the fall quarter of 2020 as shoppers kept cooking at home to avoid potential exposure to COVID-19.