The growth and maturation of same-day services, along with updates to the e-commerce order fulfillment process, led to increased efficiency, according to COO John Mulligan.
The total business inventories-to-sales ratio echoes trends seen throughout the pandemic: Apparel retailers are struggling to bring customers in while grocers are having a diffi...
Rumors are circulating about Amazon converting vacant department store space into fulfillment centers — a move experts say would round out its omnichannel approach.
CEO Doug McMillon said consumers briefly returned to the stock-up behaviors they displayed early in the pandemic, as COVID-19 cases spiked in pockets of the country.
Roughly one year after JD Logistics broke even, executives reported record sales volumes have improved efficiency and the service is now turning a profit.