Judge Denies Staples-Office Depot Merger

| Mike O'Brien

A federal court judge has ruled in favor of the Federal Trade Commission’s decision to block the proposed Staples-Office Depot merger, upholding the FTC’s December lawsuit which claimed the resulting monopolistic company would harm consumers by adversely affecting office supply prices.

Alibaba JD.com

Alibaba and JD.com Continue Double Digit Sales Growth

| Tim Parry

Rumors of China’s poor economy may be greatly exaggerated, based on double-digit sales growth reported this month by marketplace leaders Alibaba and JD.com. Here’s a look at how well both marketplaces are performing… and why a self-reported surge by Amazon.cn should keep both Alibaba and JD.com on their toes.

Abercrombie & Fitch Expands in the Middle East

| MCM Staff

Abercrombie & Fitch Co. announced that it has expanded its existing relationship with Majid Al Futtaim Fashion through a franchise development agreement to establish a retail store presence in the Kingdom of Saudi Arabia, Qatar, Bahrain and Oman.

World First Launch Helps Online Sellers Worldwide Sell in Japan

| Tim Parry

By removing unnecessary hurdles like the need to open a local bank account, World First is helping international sellers tap into Japan’s thriving ecommerce market and grow their online business by transferring sellers’ sales revenues home quickly, conveniently and economically.

U.S. Postal Service, USPS, UPS, Parcel Select, shipping and delivery

U.S. Postal Service Again Posts Parcel Gains, But Overall Loss

| Mike O'Brien

The U.S. Postal Service reported operating revenue of $17.7 billion in Q2, up $788 million or 4.7% from 2015. The increase was primarily due to an 11.4% gain in shipping and package volume and pricing changes. While the USPS keeps posting double-digit parcel gains, it continues to drown in pension-driven red ink, with a $2 billion quarterly net loss, up from $1.5 billion a year ago.

J.C. Penney Expanding Appliance Sales to 500 Stores

| Mike O'Brien

After a successful pilot in three markets started in January, J.C. Penney plans to expand appliance sales to 500 stores this year, going head to head with Best Buy, Sears, Home Depot and Lowe’s. See what other moves the retail chain is making.