Amazon says this year’s holiday shopping period has been the biggest in its history

  • Amazon has announced that this year’s holiday shopping season has been the biggest in its history.
  • More consumers are doing their holiday shopping from their couch this year, due to the pandemic.
  • Amazon is widely expected to be one of the biggest winners this holiday season, with one Wall Street firm estimating it could capture 42 cents of every dollar spent during the busy shopping period.

a person standing in front of a laptop: An Amazon fulfillment center in Frankenthal, Germany.

© Provided by CNBC
An Amazon fulfillment center in Frankenthal, Germany.

Amazon said Tuesday that this year’s holiday shopping season has been the biggest in its history, as the coronavirus pandemic forced more people than ever to do their shopping online.


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The e-commerce giant said in a blog post that customers have been shopping early for gifts and seasonal items for their loved ones. It comes as many retailers reliant on physical stores have been struggling to survive.

Popular purchases so far include the new Echo Dot, Barack Obama’s “A Promised Land” book, and the Revlon One-Step Hair Dryer and Volumizer Brush, Amazon said. Self-care, “nesting at home”, and “cozy comfort” were among the most popular trends during the period.

“In a holiday season unlike any other, it’s clear that customers still want great deals on gifts for their loved ones or a little something extra for themselves, and we’re glad to help deliver smiles throughout the season,” said Jeff Wilke, CEO of Amazon Worldwide Consumer, in a statement.

“Thank you to our customers, employees, and selling partners around the world for making this our biggest holiday season to date, and for everything you’re doing to support our communities and each other now and throughout the year.”

Video: How to save money when shopping online this holiday season (CNBC)

How to save money when shopping online this holiday season



The company didn’t disclose actual sales figures for Black Friday or Cyber Monday, which are typically the company’s two busiest days in the holiday shopping period.

Amazon has been criticized for promoting its own products above those from independent retailers, but the company said the latter had seen “record demand” on its platform this year.

Independent businesses selling on Amazon surpassed $4.8 billion in worldwide sales from Black Friday through Cyber Monday, Amazon said, noting that the figure was up 60% on last year. It added that 71,000 small and medium-sized businesses had seen sales above $100,000 in this holiday season so far.

Like many other retailers, Amazon began offering holiday deals earlier than ever this year. Prime Day, which was pushed back from mid-July to October, became the unofficial kickoff to the holiday shopping season.

Consumers still opened up their wallets on Black Friday and Cyber Monday, despite the earlier start, and did more of their shopping online. Spending online on Black Friday this year climbed 22% year over year to a record $9 billion, according to Adobe Analytics. Cyber Monday, the busiest online shopping day of the year, is also expected to notch record sales.


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The Global Ostomy Care Accessories Market is expected to grow by $ 165.81 mn during 2020-2024 progressing at a CAGR of 7% during the forecast period – Press Release

New York, Nov. 24, 2020 (GLOBE NEWSWIRE) — announces the release of the report “Global Ostomy Care Accessories Market 2020-2024” –
Our reports on ostomy care accessories market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in older population, growth in awareness programs and the rising number of skilled professionals. In addition, increase in older population is anticipated to boost the growth of the market as well.
The ostomy care accessories market analysis includes the end-user segment and geographical landscapes.

The ostomy care accessories market is segmented as below:
By End-user
• Home care settings
• Healthcare settings

By Geographical Landscapes
• North America
• Europe
• South America

This study identifies the increase in online sales as one of the prime reasons driving the ostomy care accessories market growth during the next few years. Also, an increase in the prevalence of GI diseases and a rise in medical tourism will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our ostomy care accessories market covers the following areas:
• Ostomy care accessories market sizing
• Ostomy care accessories market forecast
• Ostomy care accessories market industry analysis

Read the full report:

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A young Dallas woman addresses period poverty with a new clothing line

Any woman who’s ever had a period (most of us) knows how important it is to have supplies on hand. But for women who live in poverty or those who are homeless, keeping a stock of tampons and pads isn’t possible and having a period is one more burdensome — and often shameful — problem to manage.

Emmy Hancock didn’t know anything about the issue of menstrual equity when she first heard of the issue as a student at the University of Pennsylvania. The Hockaday grad became interested in the issue in 2015, which was dubbed by the media The Year of the Period. It was then that she learned that there were women who have to choose between food for their families and tampons for themselves, who miss work because they don’t have money to buy pads, or who resort to using newspaper or other unhygienic materials to absorb their menstrual flow.

“During that time, there were a lot of news articles and viral activism surrounding menstruation,” the 25-year-old recalls. “The idea really struck me at the time. I had no idea all of the different facets of it. There’s a luxury sales tax on menstruation supplies. Women are more likely than men to experience poverty, yet menstrual supplies aren’t covered by WIC or SNAP. There’s been a bill in the House of Representatives that’s been struck down 10 different times to have the ingredients on the label of a tampon package. … Most of the research on these products is funded by brands.”

The movement, which was accompanied by the hashtag #periodsarenotaninsult, gave Hancock an idea. Coronavirus gave her the opportunity to pursue it.

After graduating from Penn in 2018, Hancock went to work in real estate in New York City. Things were going well, but when the COVID-19 pandemic hit, she moved back to Dallas and in with her parents. Suddenly she had a lot more time and a lot fewer expenses — that’s when she decided to launch her brand.

Hockaday grad Emmy Hancock launched Oluna in October with the mission of bringing attention to menstrual health inequity.
Hockaday grad Emmy Hancock launched Oluna in October with the mission of bringing attention to menstrual health inequity.(Courtesy of Oluna)

“The day I graduated in 2018, I actually created the LLC for Oluna,” says says. “I had this vague idea of combining a brand and a for-profit company and a one-for-one model with a secondary impact angle, but I didn’t have the allocations or funds or time to do it.” Coronavirus changed that.

The first order of business: Design a pair of easy-to-wear pants. She did that with her aunt. Then she focused on an ethical, all-female supply chain, choosing a local pattern maker, textile manufacturer and clothing manufacturer. Once she had samples, she hired a photographer, built a website and reached out to homeless shelters in the Dallas area to see if they were interested in her mission. “They were so excited,” Hancock says, noting that coat drives and food drives are common, but drives for feminine hygiene products are rare.

The plan, Hancock

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