U.S. consumers made 94.3 percent of the $1.170 trillion in online purchases by North American shoppers in 2023. Studying the Top 50, Digital 360 says incumbents face significant challenges from store-based retailers selling online, as well as marketplaces. Sales for the Top 50 online shopping sites grew by 10.4 percent in 2023. Source: Digital 360, October 22, 2024. … [Read more...]
Chewy Q2 earnings results show app use growing, net sales increase
Chewy’s Q2 earnings call highlighted six percent net sales per active customer increase, 20 million active customers, six Chewy Health clinics in operation and 13 percent more unique customers using the Chewy app. Source: Digital 360, September 3, 2024. Link. Digital Commerce 360 projects that Chewy online sales will reach $11.59 billion in 2024. Also see: Chewy sees … [Read more...]