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Buying and Selling a Car During COVID-19 - CARMAX

Buying and Selling a Car During COVID-19 - CARMAX

By: CarMax
Source: CarMax
Date of Publication: May 22nd, 2020
CarMax provides steps on how to buy and sell cars during the COVID-19 pandemic .
Amazon Bets on Office-Based Work With Expansion in Major Cities

Amazon Bets on Office-Based Work With Expansion in Major Cities

By: Sebastian Herrera
Source: The Wall Street Journal
Date of Publication: August 18th, 2020
The e-commerce giant says it is adding 3,500 employees in six major cities even as other companies embrace lasting remote employment.
eBay to Match $1 Million in Funds Raised by Sellers Who Donate to COVID-19 Response

eBay to Match $1 Million in Funds Raised by Sellers Who Donate to COVID-19 Response

By: eBay
Source: eBay
Date of Publication: March 31st, 2020
eBay's marketplace will match charitable contributions from US sellers who give a portion of sales to Feeding America, Direct Relief and The Opportunity Fund.
Growth in Online Shopping and Used Cars Lifts Carvana, Attracts Competition - WSJ

Growth in Online Shopping and Used Cars Lifts Carvana, Attracts Competition

By: Nora Naughton
Source: The Wall Street Journal
Date of Publication: August 10th, 2020
Eight-year-old internet seller isn’t yet profitable but is drawing interest from both car buyers and investors.
Amazon posts biggest profit ever at height of pandemic in U.S.

Amazon posts biggest profit ever at height of pandemic in U.S.

By: Jeffery Dastin, Akanksha Rana
Source: Reuters
Date of Publication: July 30th, 2020
Amazon.com Inc (AMZN.O) on Thursday posted the biggest profit in its 26-year history as online sales and its lucrative business supporting third-party merchants surged during the coronavirus pandemic.
Strong online sales help stem revenue declines at Under Armour during pandemic, shares jump

Strong online sales help stem revenue declines at Under Armour during pandemic, shares jump

By: Lauren Thomas
Source: CNBC
Date of Publication: July 31st, 2020
Under Armour’s fiscal second-quarter revenue dropped 41% from a year ago. But that came in better than the retailer was expecting, thanks to e-commerce growth. Under Armour estimated roughly 80% of the stores where its merchandise can be purchased, including its own shops, were closed due to the coronavirus pandemic through mid-May.
Hasbro revenue falls 29% as store closures, product shortages hurt sales; shares drop

Hasbro revenue falls 29% as store closures, product shortages hurt sales; shares drop

By: Sarah Whitten
Source: CNBC
Date of Publication: July 27th, 2020
Store closures, product shortages and lower retail inventory hampered Hasbro in the second quarter. Despite strong demand for toys in the quarter, Hasbro’s revenue fell 29% on a pro forma basis. Nearly 30% of its global toy and game revenue came from online sales.
Coronavirus likely to delay Amazon Prime Day

Coronavirus likely to delay Amazon Prime Day

By: Cortney Moore
Source: Fox Business
Date of Publication: June 22nd, 2020
Amazon’s summer Prime Day sale has traditionally been carried out in mid-July, however, the coronavirus pandemic might cause a delay considering the e-commerce giant hasn’t advertised the event as it has in the past.
Walmart partners with Shopify to expand online marketplace business

Walmart partners with Shopify to expand online marketplace business

Source: Reuters
Date of Publication: June 15th, 2020
Walmart Inc (WMT.N) said on Monday it has partnered with e-commerce firm Shopify Inc (SHOP.TO) (SHOP.N), as it looks to expand its online marketplace business and cash in on the coronavirus-driven jump in online shopping.
U.S. EPA orders Amazon, eBay to stop selling unsafe COVID-19 products: Bloomberg

U.S. EPA orders Amazon, eBay to stop selling unsafe COVID-19 products: Bloomberg

Source: Reuters
Date of Publication: June 11th, 2020
E-commerce companies Amazon Inc and eBay Inc have been instructed by the U.S. Environmental Protection Agency (EPA) to stop selling unproven or unsafe disinfectants, including products falsely marketed as killing COVID-19, on their platforms, Bloomberg reported on Thursday.