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This Week in eCommerce Data: November 6th, 2020

This Week in eCommerce Data: November 6th, 2020

Welcome to the twenty-fourth Week in eCommerce Data, where Friday begins with a dose of ecommerce data. In this week’s roundup, new plans for Pier 1, surprise drop in Amazon’s share of ecommerce. Plus other ecom news elsewhere!

Key ecommerce data

$31 million

the price tag that Retail Ecommerce Ventures (REV) paid for Pier 1, which it plans to relaunch as an ecommerce only site.

0.5% drop

in Amazon’s total share of ecommerce sales in the third quarter, although it still remains the largest slice with 23.1%.

$3.6 trillion

the amount expected to be generated by B2B marketplaces, as B2B ecommerce flourishes.

94 years

since the last time that Marks & Spencer reported losses, as its clothing sales stalled during a six-month period ending in September.

164%

 the spike in Wayfair’s net income during the third quarter, hitting $3.8 billion.

353%

the surge in ecommerce of Michaels during its second quarter, reaching $1.1 billion.

90.6%

rise in Costco’s ecommerce sales for October, as it has 800 warehouses internationally.

This Week in eCommerce Data: November 6th, 2020

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