EP233 - Q2 2020 Retail Earnings and News
US Census Data US Census Retail Data website Quarterly Retail E-Commerce Sales 2nd Quarter 2020 (PDF) St. Louis Federal Reserve Tool (FRED) Google Public Dataset Tool Retail Earnings Updates Walmart Comp sales up 9.3% E-commerce up 97%. Transactions down 14%, basket up 27% Target SSS up 10.9%, E-Commerce up 195%. 75% e-commerce fulfilled from stores. Home Depot SSS up 25%, e-commerce up 100% (60% BOPIS) Lowes US Comp sales up 35.1%, E-commerce up 135% Kohls – net sales decrease (22.9%) TJX – Net sales came in at $6.67b v $9.78 billion YoY ($214M Loss) 2020 Q2 E-Commerce Scoreboard Target 195% (same day 300%) Etsy 147% Lowes 135% HomeDepot 100% Walmart 97% Shopify 97% E-commerce overall (US census): 44.5% Amazon: 41% overall, 44% US, 3PM grew 53% eBay 26% Other News Simon (SPARC) buys Brooks Brothers, (Aéropostale, Forever 21, Lucky Brand) JCP suitors – Amazon and Simon Shipping sur-chargesDon’t forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes.
Episode 233 of the Jason & Scot show was recorded live on Wednesday, August 19th, 2020.
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.
