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Stockreport

What really happens to the online purchases you return? [BNN Bloomberg (Canada)]

Amazon.com, Inc. (AMZN)  More Company Research Source: BNN Bloomberg
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Canada is the world's ninth-largest market for e-commerce with online retail annual sales expected to surpass $100 billion this year . Despite the rising cost of living, spending over Black Friday and Cyber Monday increased this year by 6 per cent and 3 per cent , respectively, as savvy shoppers looked to cut costs by hunting down bargains “You're seeing a massive rise of online shopping. People are busier than ever; they don't have time to go to the malls. You can sit at home after your kids are asleep and do your shopping,” says Toronto Metropolitan University Associate Prof. Jenna Jacobson, who specializes in retail. “The big challenge is returns, which is a huge cost to retailers.” Online returns cost American retailers close to US$248 billion in 2023, according to the U.S. National Retail Federation (NRF). “The returns volume has only been increasing, year on year,” says Mark Ang, CEO of GoBolt , a Toronto-based logistics company specializing in returns management. The r [Read more]

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Stockreport

What really happens to the online purchases you return? [BNN Bloomberg (Canada)]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Canada is the world's ninth-largest market for e-commerce with online retail annual sales expected to surpass $100 billion this year . Despite the rising cost of living, spending over Black Friday and Cyber Monday increased this year by 6 per cent and 3 per cent , respectively, as savvy shoppers looked to cut costs by hunting down bargains “You're seeing a massive rise of online shopping. People are busier than ever; they don't have time to go to the malls. You can sit at home after your kids are asleep and do your shopping,” says Toronto Metropolitan University Associate Prof. Jenna Jacobson, who specializes in retail. “The big challenge is returns, which is a huge cost to retailers.” Online returns cost American retailers close to US$248 billion in 2023, according to the U.S. National Retail Federation (NRF). “The returns volume has only been increasing, year on year,” says Mark Ang, CEO of GoBolt , a Toronto-based logistics company specializing in returns management. The r [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS