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📦 The Order : Weekly Roundup - Razor & Stryze + Health & household benchmarks
Here’s a quick roundup of last week’s news :
Benchmark of the week 🎯
Powered by Xapix - reach out to us for custom insights for your products.
Deep dive into recent conversion rates for the health & household category on Amazon.com - an Easter conversion push:
New funding this week: $88M 💰
EU: Razor Group, an e-commerce aggregator, closes Series C at $88M at $1.2B valuation, acquires Stryze to consolidate [Techcrunch]
European Expansion Accelerator: “Amazon launches EEA program” [eCommerce News]
Shift from strategy to tactics: “Amazon seller exits evolving past aggregators” [Marketplace Pulse]
Amazon is trying to make its full-funnel advertising offerings more plug-and-play [Modern Retail]
“Walmart sells Bonobos to WHP Global and Express in $75 million deal” [CNBC]
“Shein is hiring to build its U.S. marketplace” [Modern Retail]
Pinterest is doubling down on its commerce push, but headwinds arise: “Some brands pull back on Pinterest ad spend because of weak performance metrics” [Modern Retail]
The flipside of eCommerce - the retail apocalypse: “These photos of abandoned malls and golf courses reveal a new era for the American suburb” [Business Insider]
👀 “Fed’s Next Rate Move May Crystallize With Coming Data: Eco Week” [Bloomberg]
“ChatGPT and Retail: Reality, Hype, What's Next, and How to Prepare” [Business Insider]
Shoptalk Europe, May 9-11, Barcelona, Spain - ⚠️ While the first wave of signups are closed, brands can still apply for the “hosted retailer” program for a paid trip to the event in Barcelona. More info here.
Seller Sessions Live, May 13, London, UK
Seller Barcamp, May 19, Dortmund, Germany
Make this week count 🙌
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