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Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Herrington joined Amazon as VP of Consumables in 2005, launched Amazon Fresh in 2007 and was promoted to SVP of Consumables in 2014. Another company veteran, John Felton, will now lead the company’s operations. Felton has worked for nearly 18 years in Amazon’s retail and operations finance leadership.

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How Speeding up Chargeback Resolutions can Boost Retailers’ Profits

Retail TouchPoints

It would fulfill and ship out orders only for them to be reported weeks or months later as fraudulent, ultimately saddling this brand with both the loss of goods and chargeback fees. Mittal joined Mastercard in 2014. Originally, the retailer was experiencing thousands of chargebacks every month.

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Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Retail TouchPoints

Enjoy will continue operating throughout the bankruptcy process but will wind down its operations in the UK, according to an SEC filing. To fund its operations throughout the Chapter 11 proceedings, Enjoy has received a $2.5 Johnson co-founded Enjoy in 2014 after leaving JCPenney and currently serves as its CEO.

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How Brands Can Deliver Sustainable Instant Commerce for Consumers

Retail TouchPoints

By leveraging these new networks, brands can drive value through instant commerce while operating in a more environmentally conscious way. In 2014, the company launched Prime Now one-hour delivery for daily essentials in selected areas of Manhattan, rolling out the offering to several more cities throughout 2015.

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Clean Data, Clean Planet: How Online Retailers can use Data Analytics to Reduce Their Carbon Footprint

Retail TouchPoints

Operational efficiency in ecommerce has never been more important. The acceleration of the digital economy has led to technological innovation in many aspects of retail operations. Third-Party Logistics Providers (3PL) and Fulfillment of Product. New 3PL tools help make fulfillment of product easier for retailers.

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How Does Amazon Make Money? [INFOGRAPHIC]

SellBrite

Operating income 2016: $4.2 Failure is an option: Amazon Fire Phone fizzled out in 2014―instead of giving up, Amazon has since launched Amazon Echo and other successful tech. 2014: $89 billion. Operating Expenses. Operating Expenses. Operating income. 2014: $178 million. That’s only 4% of total sales!

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Macy’s vs. HBC: Two Different Takes on the Ecommerce Spinoff

Retail TouchPoints

In February 2022, Macy’s took the opposite tack, thwarting pressure from activist investor Jana Partners and announcing it would keep its ecommerce operations integrated within its larger business. That was swiftly followed by similar moves at Saks OFF 5th in June and Hudson’s Bay in August of the same year. This strategy could hold water.

eCommerce 278