Ecom Influence

TL;DR

More updates in e-com land this week.

Stock Prices

Quick Hits

Outdoor Voices Closes All Stores

Adidas posts it’s 1st annual loss in 30 years

JoAnn’s files bankruptcy 

Tiktok native brands on the rise

Amazon Inbound Fees Probed by FTC

Allbirds Closes Stores & Hires New CEO (as sales drop 15%)

Resident Home (D2C mattress co) sells to Ashley Home Furnishings for $1B

Listing of the Week

Not much we loved this week.

Thread of the Week (Fees Fees Fees)

We saved a few bangers down below.

Always Check Your Images

This company is brand registered and this still managed to happen. Most likely this was caused by 1P sellers but potentially the recent change in “sharing” the listing might be the culprit.

Is a Tiktok Ban Coming?

Plenty has been written about the potential ban or forced divesture of tiktok, which has passed in the house (352 to 65) and now sits in the Senate.

The CCP has signaled they would let the app be shutdown before they allow it to be sold. There are currently massive lobbying efforts to prevent that from happening along with direct action from Tiktok in the app.

The bill faces more opposition in the senate. Majority Leader Chuck Schumer, has not committed to bringing the bill up for a vote and then will likely face legal challenges in court.

Dollar Tree Shuts Down 1,000 Stores

Family Dollar to close 1,000 stores as lower income consumers spend less and the brand has been mismanaged with empty shelves and dirty stores.

Liquid Death Completes Funding Round

The canned water maker just raised $67MM in funding at a $1.4B valuation, showing that you really can make money selling anything. The beverage category continues to show strength.

Liquid Death has $263MM in retail sales.

Wal-Mart Still Growing

From Marketplace Pulse, Walmart has passed $100B in e-com sales and is now growing faster than Amazon (from a much smaller base) with over 100,000 3P sellers.

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