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Salesforce

On the same day Amazon unveiled it is shedding 18,000 workers, Salesforce informed employees of the decision to conduct approximately 700 layoffs.

Retail Tech: Salesforce Layoffs, Leap Powers New ThirdLove Store

Olympia Sports filed for Chapter 11 in a Delaware bankruptcy court on Sunday, moving a liquidation process ahead that already included the winding down of its 35 remaining stores.

Olympia Sports Fingers Salesforce in Chapter 11 Bankruptcy

Sales growth seen in the first quarter of 2022 could shrink in the coming months if inflation continues to rise.

‘Double-Digit Inflation’ Spells Trouble for Consumer Spending

Online prices continue to rise.

Adobe: Inflation Pushes Online Apparel Prices Up 16.6%

According to Adobe, Cyber Monday generated $10.7 billion in e-commerce revenue for U.S. retailers, down 1.4 percent from last year’s $10.8 billion total—a dip of approximately $100 million. Salesforce had a more positive calculation, with Cyber Monday sales coming in at 3 percent growth to $12.3 billion compared to 2020.

Earlier Spending, Out-of-Stocks Curb Cyber Monday Sales

Consumers are expected to spend between $10.2 billion and $11.3 billion on Monday, Nov. 29, 2021 making it once again the biggest online shopping day of the year, according to Adobe Digital Economy Index.

Cyber Monday Sales in Flux Following Black Friday Bummer

Consumers were back to in-store shopping on Black Friday, but significant discounts were hard to find and apparel inventory was lean.

Early Read on Black Friday: Strong Foot Traffic Drives Out-of-Stocks

Holiday prices could rise 20 percent due to supply chain woes, and 66 percent of shoppers are worried shortages will ruin their holidays.

Prices Could Go 20% Higher This Holiday, Thanks to Supply Chains in Crisis

The new integration between FedEx, ShopRunner and Salesforce Commerce Cloud, seen here, is expected to launch in spring of 2022.

FedEx-Salesforce, Adobe-PayPal Tie-Ups Target E-Commerce Gaps

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