Tag «amazon»

Amazon fulfillment cost in H1 2024: 37,5% of net sales

Amazon’s net product sales for the first half of 2024 were $122 billion. Amazon’s online store sales rose 5% in the second quarter to $55.4 billion, compared with a growth of 7% in the first quarter. Reported slowing online sales growth in the second quarter and said cautious consumers were seeking cheaper purchase options, sending shares …

Consumer demand for ‘Real-Time Retail’ shakes carrier market share

Pitney Bowes Inc., a global shipping and mailing company that provides technology, logistics, and financial services, released its annual U.S. Parcel Shipping Index. The index revealed significant shifts in the carrier competitive landscape and consumer behaviors in 2023. Of the four largest carriers (USPS, Amazon Logistics, UPS, and FedEx), only Amazon Logistics grew volumes year …

How Amazon supports safety and decarbonization

In 2023, Amazon reached a milestone in delivery speed. Over 7 billion units arrived the same or next day, with over 4 billion in the U.S. and over 2 billion in Europe. Amazon collaborates with partners within the operational network to ensure safe and efficient package delivery to customers. Amazon’s commitment extends to keeping their …

Amazon: fulfillment cost in 2023 35,6% of net sales

Amazon surpassed sales expectations during the 2023 holiday shopping season. The net product sales for the last quarter of 2023 were 76,7 $ billion, reflecting a 9 percent increase from the previous year. Despite facing challenges from cost-conscious consumers and increased expenses, Amazon’s holiday sales events provided optimistic signs of a potential recovery in its …

Amazon: on operating more sustainably for customers and communities

Kara Hurst, chief sustainability officer at Amazon, talks to McKinsey about scaling Amazon’s sustainability initiatives, including increasing its focus on nature-based solutions to benefit communities. How is Amazon working on reaching its Climate Pledge goal of net-zero carbon emissions by 2040? While the scope of this challenge is large, Amazon has been taking bold steps …

E-commerce and logistics sprawl: a spatial exploration of last-mile logistics platforms

The rise of e-commerce helped fuel consumer appetite for quick home deliveries. One consequence has been the placing of some logistics facilities in proximity to denser consumer markets. The trend departs from the prevailing discussion on “logistics sprawl,” or the proliferation of warehousing into the urban periphery. A recent study by Fried and Goodchild spatially …

Amazon: fulfillment cost still not under control?

Amazon posted stronger-than-expected sales for the 2022 holiday shopping season. Net sales for Amazon, which has been battling cost-conscious consumers and higher costs, were $142.2bn in the last quarter of 2022, up 9 percent from 2021. Sales events during the holiday season offered glimmers of hope that Amazon’s retail business may be staging a recovery, …

Amazon: e-cargo bikes to replace thousands of van deliveries in London

Amazon is launching a fleet of e-cargo bikes and a team of on-foot delivery staff to replace thousands of van deliveries on London’s roads. With their fleet of electric delivery vans, Amazon will make more than five million zero-emission deliveries to customers yearly across more than 10% of London Ultra Low Emissions Zone. Various Amazon partner businesses will operate the …