Consumers spent $211.5 billion online during the second quarter of 2020, with e-commerce sales up 31.8% from the previous quarter, according to figures released by the Census Bureau of the Department of Commerce. E-commerce sales in the quarter accounted for 16.1% of total retail sales.
The data showed that total retail sales decreased 3.6% in the same period.
Compared to the year-ago period, second quarter 2020 e-commerce sales increased increased 44.5% while total retail sales decreased 3.6%.
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The ODP Corporation confirmed that its Board of Directors has received a proposal from USR Parent, Inc., the parent company of Staples and a portfolio company of Sycamore Partners, to acquire the Company’s consumer business for $1 billion in cash. ODP’s Board of Directors is carefully reviewing Staples’ proposal with the assistance of its financial and legal advisors to determine the course of action that it believes is in the best interests of the Company and its shareholders. No action is required by the Company’s shareholders at this time. Last month, the Company announced a plan to separate into two independent, publicly-traded companies, each with a unique and highly focused strategy and investment profile.
Looks like the long, good read continues. Dennis Publishing just announced subscription rates across all titles have increased by 9% overall during the lockdown and ongoing pandemic. “Since the beginning of lockdown the number of people subscribing to all Dennis titles has increased by 9%,” notes this article on the publisher’s website. “To ensure an uninterrupted service of their favourite magazines, all titles have offered free digital access to subscribers throughout the pandemic, which has been met with glowing reviews by readers. The team didn’t rest on their laurels though, instead implementing engagement campaigns to get new subscribers to the titles, with huge success.” The company decided early on to unlock free digital access to all subscribers, to ensure the mail delays wouldn’t cause readers to lose interest. At the same, they implemented new engagement campaigns to reach new subscribers … with great success.
Savvas Learning Company, a next-generation K-12 learning solutions leader, is excited to announce that myView Literacy © 2025, its leading K-5 core English Language Arts (ELA) program that is grounded in the Science of Reading, has been approved for statewide adoption by the Indiana Department of Education (IDOE). After an extensive review process, IDOE officials placed myView Literacy on their Indiana High-Quality Curricular Materials Advisory List, determining that myView fully met the state’s 2023 Indiana Academic Standards and its literacy standards aligned to the Science of Reading. Combining powerful Science of Reading-based instruction with engaging student-centered practice opportunities, myView Literacy is designed to develop strong readers and writers, improving learning outcomes for all students. The program features exciting authentic literature and interactive resources, and its daily foundational-skills instruction follows an easy-to-teach sequence that’s proven to increase reading achievement and close skills gaps.