UPS Continues Efficiency Push as Revenue, Profit Grow in Q2

| Mike O'Brien

UPS is continuing to push for increased efficiency through hub automation projects and its ORION route optimization system. The company reported Q2 revenue growth of 3.8% to $14.63 billion, with profit up 3.2% to $1.27 billion. Its ecommerce business is on pace to grow faster than expected through the end of the year, officials said, based on strength in U.S. consumer spending.

Oracle Buys NetSuite

| Tim Parry

Oracle has announced that it has entered into a definitive agreement to acquire NetSuite for approximately $9.3 billion. The proposed transaction is expected to close in 2016, and until the transaction closes, Oracle and NetSuite will continue to operate independently.

Michael Archbold Out as GNC’s CEO

| Daniela Forte

Michael Archbold has resigned as CEO of vitamins and supplements seller GNC Holdings, and is being replaced on an interim basis by industry veteran Robert Moran. Here’s a look at what led to the change in leadership.

Under Armour to Begin Selling Its Products in Kohl’s Next Year

| Mike O'Brien

Under Armour will begin selling products at 1,100 Kohl’s locations next year, and plans to open a store at the iconic FAO Schwartz location in Manhattan. The Kohl’s deal is intended to make Under Armour products more available to consumers, particularly women, at malls and other suburban locations.

JD.com and Lenovo Announce New Multiyear Partnership

| Daniela Forte

China’s ecommerce company JD.com and Lenovo announced the expansion of their existing relationship in an effort to grow consumer and business demand for Lenovo products throughout China. See how this will benefit and impact both companies moving forward.

Flipkart Acquires Online Fashion Store Jabong

| Tim Parry

According to Flipkart’s Facebook page, the Indian ecommerce marketplace is “in a relationship” with Jabong. And it’s not complicated: Flipkart-owned Myntra Designs has agreed to buy Rocket Internet-backed online fashion retailer Jabong for $70 million in cash.

PetSmart Improves Customer Experience With Better Insight Into Customers and Pets

| MCM Staff

PetSmart partnered with Cognizant to gain better insight into its customers and their pets that promises to create a better shopping experience. Cognizant will empower PetSmart with better decision making by integrating operational store, campaign and other data to provide a single view of the entire data landscape. See what other ways PetSmart will improve the customer experience with this partnership.

Amazon Prime Air to test Drone Delivery in the UK

| Mike O'Brien

As it continues to hit roadblocks in the U.S., Amazon has announced a partnership with the UK government to experiment with drone delivery of small parcels through its Amazon Prime Air unit. Meantime 7-11 has beaten Amazon to the punch, delivering Slurpees and other essential items to a family in Reno, NV in the first U.S. commercial drone delivery.