Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Blake Droesch"


3 mentions found


Amazon said it delivered to its Prime members faster than ever in the first quarter of 2024. Its drivers delivered over 2 billion items "the same or next day" in Q1, the company reported. AdvertisementIf it seems like that Amazon Prime package you ordered showed up on your doorstep sooner than expected, it's probably not just your imagination. Major cities outside of the US, like London, Tokyo, and Toronto, saw three out of four of their items delivered in the same window. Prime members are now being offered free delivery on grocery orders over $35 from stores like Whole Foods, Amazon Fresh, and more.
Persons: , it's, Blake Droesch, Droesch Organizations: Service, Amazon, Business, titans Locations: London, Tokyo, Toronto
New York CNN —Walmart, the global mega-retailer that began in Arkansas in 1962, is making huge moves in 2024. It’s making investments in technology and inventory that move it into new businesses and which will alter the Walmart experience of many customers. Stock splitThe mega-retailer announced a 3-for-1 stock split that takes effect this week. A stock split means a single share gets split into multiple shares. Under the plan Walmart announced, people who own shares by close of business on February 22 will get two additional new shares of Walmart for every share they own.
Persons: Doug McMillon, Jeffries, , , McMillon, Burt Flickinger, Blake Droesch, CNN’s Parija Kavilanz, Nathaniel Meyersohn, Elisabeth Buchwald, Alicia Wallace Organizations: New, New York CNN, Walmart, , Labor, Consumer, Microsoft, Strategic Resource, CNN, Costco, Telsey Group, Target, Intelligence, FactSet Locations: New York, Arkansas, Las Vegas
And Amazon generates more than one-quarter of US ecommerce sales for every category other than auto/parts. There are two verticals where Amazon receives the majority of US ecommerce sales: books/music/video (83.2% of all US ecommerce sales in 2021) and computer/consumer electronics (50.2%). The ecommerce giant will receive more than 45% of US ecommerce sales dollars this year in three additional categories: "other" (48.2%), toys/hobby (46.0%), and office equipment/supplies (45.6%). Another way of looking at it: Amazon will receive more than one-quarter of US ecommerce sales dollars for every category other than auto/parts. Apparel/accessories is Amazon's second-largest sales generator in the US, making up 16% of its total US ecommerce sales in 2021.
Total: 3