Amazon has revoked the 200-unit limit for new FBA sellers and changed how it assesses sellers’ storage limits. New sellers can start with 500-1,000 units depending on their storage type. It also now subject all sellers to new restock limits. Eytan Wiener, CEO of Getida and a former Amazon power seller, helps us break down the changes.
Perch, part of a growing wave one of Amazon brand rollups in the hottest space in retail, just raised $775 million, bringing its war chest to over $900 million as it looks to add to a portfolio of 70 brands acquired in just 18 months and considers product launches. The company opened its own FC and is eyeing Asia and South America.
With omnichannel shoppers being more loyal and more eager to spend, mending fragmented experiences is crucial. It’s clearly time to ensure your store experience is on par with digital. But with so many possibilities from contactless checkout to improved app experiences, knowing where to start is a challenge. Here are some tips.
Recognizing the risks, retailers are increasing their cybersecurity budgets. Some threats are more prominent than others, and directing resources toward these risks helps you capitalize on ecommerce opportunities without compromise. Here are 3 threats worthy of investment and attention to create a secure shopping experience.
Vertex, a provider of sales tax automation software, has acquired Irish payments and tax solution provider Taxamo for $200 million in an all-cash transaction, positioning it to address compliance with new European Union tax requirements impacting remote sellers going into effect July 1.
The arrival of COVID-19 in early 2020 clearly had an enormous and unexpected impact on retail sales channels but the fundamental goal for merchants remained the same: Provide a great product and exceptional customer experience. So here we are, in the new ecommerce landscape. Here’s what you need to focus on to succeed.
A little over 50 years ago, retail leaders came together and transformed the global economy forever by developing the Global Trade Item Number (GTIN), a numerical code uniquely identifying every single product and the core of the barcode. Here’s a bit of the history of the barcode, and where the technology is going.
Looking to create more of an end-to-end ecommerce solution and move beyond the perception that it’s a payments platform only, PayPal has acquired Happy Returns, which consolidates returns for retailers via a national network of mall and store collection points. PayPal had led a 2019 funding round of $11M into Happy Returns.
Making a bigger push into selling fashion online, Walmart said it is acquiring Israeli virtual dressing room provider Zeekit for an undisclosed sum. The owner of acquired fashion brands Eloquii, Moosejaw and Bonobos is looking to make the online clothing shopping experience more fun, while also cutting down on returns.
Subscription ecommerce is complicated, and brands that jump in unaware may find themselves taken aback by a number of challenges, with payment at the top of the list. Yet building a successful subscription ecommerce business is worth the effort. Here are 7 thing to consider in order to help your program be a winner.