Retail sales growth slowed in July

Retail sales grew 1.2 percent in July, down significantly from the 8.4 percent jump in June, according to the Commerce Department. Consumer electronics stores saw the biggest monthly gain in July (+22.9) while big box (-0.2 percent), home improvement (-2.9 percent) and sports, music and hobby stores (-5 percent) had the biggest drop-offs.

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Amazon delivers two-thirds of its own packages

Amazon delivered 66 percent of its own packages in July, up from 61 percent in June and 54 percent in July 2019, according to ShopMatrix. “They will continue to deliver more of their own packages, potentially reaching 80 percent of their own packages by next year,” said Satish Jindel, founder of ShipMatrix. “It means UPS…

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Online sales help Fossil navigate COVID-19 challenges

Fossil has seen a growing percentage of its watch business shift to consumer direct sales while its wholesale business has declined. Company CEO Kosta Kartsotis said wholesale represented about 60 percent of Fossil’s business four years ago and it currently stands at around 40 percent. “It’s on its way to 20% in pretty short order,”…

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Animals and bees know to social distance when sick

Maybe humans aren’t so smart after all. Researchers from Hamilton College, Virginia Tech, and the University of Pittsburgh reviewed studies about how animal socialized during epidemics and found a wide variety of species take active steps to avoid spreading illness further. These include: unhealthy bats avoiding healthy ones, sick bees not returning to hives, apes…

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