Retail Geek

FEBRUARY 19, 2021

Episode 254 is a breakdown of Walmart and Shopify Q4 2020 earnings reports, a recap of 2020 sales data from the US Dept Commerce, and Amazon News. 2020 Sales Data. US Dept of Commerce released it’s retail data for December, which gives us a full picture of 2020, as well as the Q4 e-commerce data. versus 3.5%

Merchant Services 60

Merchant Services Payment Services Fulfillment Home Furnishings 60

Mass Relators

MAY 24, 2021

In addition, a comparison of survey results from September 2019 and September 2020 found that the percentage of shoppers who preferred 2+ day delivery fell from 51% to 40%. Over the 12-month span between polls, same-day delivery, same-day pickup and next day/later pickup all gained favor among respondents, while 2+ day delivery declined.

Fulfillment 52

Fulfillment Supermarket Marketing Location 52

Retail Geek

JANUARY 20, 2023

Scot: [3:05] That’s good. Jason: [35:26] Yeah so I’ll give you a yes for that I do think a lot of the instant delivery companies like pulled out of markets or flat went out of business or left the US in 2020 so I think that’s fair. Scot: [1:05:25] Does that mean that copywriters going to lose their job.

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping Loss Prevention 52

Retail Geek

FEBRUARY 28, 2023

Scot: [6:05] You’re like you’re like I totally predicted these guys would shoot up the charts. Scot: [34:05] Yeah yeah and having a Marketplace will be good will be another piece of data to feed into this kind of viral Crazy Fast fashion engine that they’ve created. Scot: [35:05] Sporting Goods.

Apparel 52

Apparel Drop-Shipping Social Commerce Shipping 52

Retail Geek

APRIL 7, 2023

Jason: [2:05] Yeah it has just in the last couple days warmed up we hit 70 yesterday and then it did back down to 50 today but I’m heading out on spring break this weekend as well so I’m looking forward to some warmer weather also. Scot: [1:05:47] Yeah have a great spring break Jason and until next time.

Merchant Services 52

Merchant Services Payment Services Social Commerce Advertising 52

Retail Geek

NOVEMBER 9, 2023

Demand got pulled earlier in the season and oh by the way retailers didn’t have to Discount as steep as they normally do so going into 2020 retailers thought. [11:26] Rob: [15:05] Overall holiday for 2021 was nine percent but that’s Global so I’d have to go back to see what it was with the US.

Beauty and Health 64

Beauty and Health Returns Apparel Consumer 64

Retail Geek

APRIL 16, 2021

from March of 2020. from Jan-Mar of 2020. from March of 2020. But then what’s interesting he’s kind of goes and tries to make a does the math on the the annual impact and uses the last year 2020 as the. Jason: [40:05] And ironic in the long. March retail sales were $556,935B, up 26.9%

Apparel 98

Apparel ATS Shopping Sporting Goods 98

Retail Geek

MAY 20, 2021

April Sales – Flat vs. March 2021, up 41% vs. April 2020 (severely Covid impacted month). vs Q4 2020, up 39.1% vs Q1 2020. Jason: [3:05] I have a feeling it was. 8:15] But if we compare April of 20 21 to April of 2020 retail sales were up a whopping forty six percent. US Dept of Commerce Data.

Apparel 86

Apparel Drop-Shipping Fashion Shipping 86

Retail Geek

AUGUST 29, 2023

1:24] And just to set it up the you know in my world of start-up land it has been very hard to get an IPO done so there’s been a couple post coated and like late 2020. But then the growth in 2021 over 2020 was 24%. Scot: [1:05:00] Yeah so what do you think. Jason: [1:05:22] So I know I yeah I think.

Merchant Services 52

Merchant Services Grocer Advertising Payment Services 52

Retail Geek

JANUARY 21, 2022

Like is that does that surprise you at all it has is that has that been your perception that these are Monster year that 2020 and 2021 more Monster years for retail because I feel like that’s not necessarily the narrative we’ve been getting in some of the Commerce media. Scot: [14:05] Carvanha has seen it carvanha.

Apparel 52

Apparel ATS Consumer Sporting Goods 52

Retail Geek

DECEMBER 21, 2021

If you want to follow along on with all the data, here is a visual recap of retail growth 2020-2021. Like the compounding problem of your 2020 growth include your you know growth over 2019. In those 23 months, the retail industry grew 22%, historically fast growth. There were clear winners and losers. PDF Download).

Sporting Goods 52

Sporting Goods Drop-Shipping Shipping Apparel 52

Retail Geek

SEPTEMBER 3, 2021

Like that’s looking like a pretty good Trend that scale starting to help them with their profitability but then in 2020 where they had a lot of extra costs from covid and as we’ll talk about in a bit they’re somewhat store. 20:05] But like my so my overall take away. So what’s a little worrisome about that is.

Advertising 97

Advertising Consumer ATS Marketing 97

Retail Geek

JANUARY 6, 2023

Rationalizing the stores there was way too much discount so there’s a lot of work to do, but I got really excited about the opportunity and wound up agreeing to stay on as exact chair in January 2020. Scot: [1:05:06] Sounds good we really appreciate taking time and good luck with the new Venture sounds really exciting.

Merchant Services 52

Merchant Services Consumer Fashion Marketing 52

Retail Geek

AUGUST 20, 2021

from Q2 2020, e-commerce in Q2 grew 9% during the same period (due to the very high covid driven e-com last year). Stores selling essential goods are comping against a very large 2020 basis in Q2. Year to Date sales were up 21.1% Apparel is in the biggest recovery, up 63%. In July the gap has closed to $4B in sales. Amazon News.

Department Stores 98

Department Stores Apparel Drop-Shipping Shipping 98

Retail Geek

JUNE 13, 2022

trillion dollars of stuff that’s almost 10% more stuff than we sold in 2020. [28:42] Scot: [1:01] Hey Jason and welcome back Jason Scott show listeners. And this is where we. Jason: [11:03] We got on like The Today Show. From from January through April in the u.s.

Fulfillment 52

Fulfillment Shipping Merchant Services Advertising 52

Retail Geek

FEBRUARY 3, 2022

Scot: [1:05] Yeah it’s gotten really good okay so it has been Star Wars dramas aside it’s been a mega cap Tech stock drama this week so it’s been a very interesting week. 2021 and compare it to the fourth quarter of 2020 now you have a good observation about prime day. It’s business only.

Fulfillment 52

Fulfillment Drop-Shipping Merchant Services Advertising 52

Retail Geek

DECEMBER 7, 2020

Episode 249 of the Jason & Scot show was recorded live on Monday, December 7th, 2020. Jason: [0:24] Welcome to the Jason and Scot show this is episode 249 being recorded on Monday December 7th 2020 I’m your host Jason retailgeek Goldberg and as usual I’m here with your co-host Scot Wingo. Transcript.

Shipping 69

Shipping Drop-Shipping Fulfillment Merchant Services 69

Retail Geek

JULY 16, 2021

Jason: [7:05] Enter Then you joined Oracle before Oracle acquired atg. 13:05] But our customers tend to be large Enterprises so we do all of the e-commerce for AT&T.com for Lego for Ulta Burberry John Lewis so a lot of our customers are doing 500 million plus in gmv we do go lower you know maybe 50 million. [13:25]

Merchant Services 98

Merchant Services Marketing ATS Management 98

Retail Geek

MAY 28, 2021

last year) Burlington – Comps up 20% (shutdown e-commerce Q1 2020) Gap – Comps up 28% (up 13% vs 2YA). Scot: [1:05:43] Thanks everybody and. Jason: [1:05:45] Until next time happy Commercing. Ulta – US Comps up 65.9% (up 7% from 2YA) Costco – US Comps up 18.2%, e-commerce up 41.2%

Merchant Services 92

Merchant Services Apparel Shipping Marketing 92

Retail Geek

MARCH 31, 2021

Scot: [7:05] Yeah covid-19 really helpful here because there was all these rules around you had to be licensed in this state to do telemedicine in the state and they wave to those so it makes it a lot easier to do telemedicine when you don’t have to, have a doctor in the same state as Where You Are.

Beauty and Health 59

Beauty and Health Apparel Merchant Services Marketing 59

Retail Geek

MARCH 18, 2021

California Consumer Privacy Act of 2020 (CPRA) California Consumer Privacy Act of 2018 (CCPA) EU General Data Protection Regulation (GDPR). Safari (19% share) 3P cookies blocked as of March 2020 Firefox (4% share) 3P blocked as of Sept 2019 Chrome (64% share) will block 3P January 2022. Jason: [1:05] Jason and Scot show Deep dive.

Advertising 53

Advertising Merchant Services Dead-Stock Consumer 53

Retail Geek

JANUARY 7, 2022

Bonus – More store closures in 2021 than 2020. Jason: [30:05] If you had said in dubious fashion choices than I might give it to you. Jason Total Score: 3 of 5. commerce penetration says at 16% or better in 2021. Scot I’m not sure but I think as of January 6 that’s already happened.

Merchant Services 98

Merchant Services Payment Services Drop-Shipping Apparel 98

Retail Geek

FEBRUARY 8, 2024

Jason: [2:05] No you can’t. We grew 7.7% in 2020. Jason: [1:59] That sounds wildly safe. Scot: [2:01] Yeah well you can see right through them so it’s totally fun yeah. Jason: [2:13] But again, the Tesla is perfect self-driving anyway.

Fulfillment 64

Fulfillment ATS Advertising Marketing 64

Retail Geek

JULY 9, 2021

And you know again comping. [34:42] 34:42] Kind of what would that be April major March April May of this year versus last year like the basis was really sucky last year so you would expect.

Shipping 98

Shipping Merchant Services Fulfillment Wholesale 98

Retail Geek

AUGUST 1, 2022

Scot: [35:05] You know if you are getting your protein from Amazon it’s probably at a Whole Foods where I have a feeling that consumers pretty resilient based on. And so most of us interpret that as likely going to be October which again is when they accidentally had Prime in 2020 because of covid-19.

Merchant Services 52

Merchant Services Consumer ATS Apparel 52

Retail Geek

MAY 13, 2021

Jason: [8:05] It’s a good goal for Scott to be successful enough to not have to share my jet anymore Brett I have to be honest like when I first read the yacht thing I assumed it was a hoax and. Jason: [40:05] And I. And I don’t mean that like I don’t mean to be light of that but there actually was.

Fulfillment 52

Fulfillment Advertising ATS Customer Experience 52

Retail Geek

JUNE 25, 2021

In 2020 due to the pandemic, Prime Day was held in October 13-14, 2020. The length of the event has been slowly expanding since 2015, so it is now two days long. Traditionally Prime Day has been a summer event taking place in July, for example July 15-16, 2019. This year Prime Day is earlier than usual on June 22-23, 2021.

Apparel 66

Apparel Advertising Marketing Fulfillment 66

Retail Geek

OCTOBER 29, 2021

Jason: [2:05] Yes and as you may know aluminium is dramatically more expensive than aluminum. Eight different retail formats the bulk of them is 500 Whole Foods stores and historically Amazon’s physical stores is the one segment that shrinks every quarter right so going back to Q2 of 2020. Scot: [2:11] Yeah and chamfered edges.

Advertising 52

Advertising Merchant Services Payment Services Finance 52

Retail Geek

OCTOBER 6, 2022

The bigwigs from the cpgs many of which were also at grocery shop so so it was a lot of back-and-forth but you’re right grocery shops a spin-off of shop talk which is old-school a spin-off of a show called money 2020 if you’re really. Scot: [7:10] Spin-off of the spin-off of a spinoff.

Social Commerce 52

Social Commerce Merchant Services Shopping Promotions 52

Retail Geek

OCTOBER 4, 2021

42:05] Even if it’s not safe they’re probably going to do it right so, his viewing is there’s there’s so much fatigue in all of these like covid change behaviors that were going to see a significant return, you know closer to pre covid behaviors but you know we are we are seeing some signs go the other way, in the u.s.

Drop-Shipping 64

Drop-Shipping Shipping Consumer Fulfillment 64

Retail Geek

APRIL 21, 2021

And in 2020 it had to be video. 8:05] 90% of the developed world has a smartphone now four and a half billion people adults a five and a half in adults on Earth had a smartphone is not interesting anymore it’s like talking about Broadband adoption in like 2010 like we get it happened.

Supermarket 64

Supermarket Department Stores Boutique Fulfillment 64