FedEx Expands with the Acquisition of GENCO
FedEx announces acquisition of third-party logistics provider, GENCO, that will expand FedEx service offerings. See what this means for both companies.
News
Dec. 15 Is Peak Holiday Shipping Volume Day for FedEx, USPS
Monday, Dec. 15 is expected to be the highest volume delivery day for both FedEx and the U.S. Postal Service, with UPS projecting the following Monday, Dec. 22, to be its largest shipping day this holiday season.
Alibaba Says It Has Addressed Online Security Vulnerability
Alibaba says it is doing all it can to keep on top of security issues that affect its ecommerce merchants, after a published report noted that an Israeli firm in late October found a security flaw in AliExpress, the company’s English language ecommerce site.
comScore Reports Green Monday Sales Up 15% to $1.6B
comScore reported that that U.S. retail desktop spending on Green Monday (Dec. 8) were up 15% this year to $1.6 billion, compared to $1.4 billion in 2013. It was the third heaviest online spending day of the holiday season to date, after Cyber Monday and Tuesday, Dec. 2.
Study Shows Significant Cross-border Opportunities
New research from PayPal and Ipsos shows that cross-border trade is a driving force of the global marketplace, with cross-border shoppers, spending approximately twice as much as consumers who only shop domestically. Here’s a look at where customers prefer to buy cross-border, and what motivates them to buy.
Abercrombie & Fitch CEO to Retire
Abercrombie & Fitch announced today that embattled CEO Michael Jeffries is retiring. He will also be retiring as a board member, effective immediately. See what this will mean for the retailer.
Best Buy Announces Free Two-Day Shipping
In an effort to lure more holiday season shoppers, Best Buy announced it was offering free two-day shipping on thousands of online items.
Amazon Testing Bikes for Ultra-Fast Delivery in New York
Amazon is once again pushing the ecommerce envelope, testing out the use of bicycle couriers in New York as part of a service called Amazon Prime Now, according to a report in the Wall Street Journal.
The service will provide delivery of some items purchased on Amazon.com in an hour or two, the Journal said it had been told by an unnamed source.
Amazon Takes a Page from eBay with new “Make an Offer” Experience
Amazon unveils new ‘Make an Offer” experience for sellers and customers. See what this means for the marketplace.
Retailers Powered by Shopatron Saw 77% Gross Merchandise Value Growth on Cyber Monday
Omnichannel retailers on the Shopatron platform enjoyed 40% gross merchandise value growth spanning eight days, and spikes over the holiday weekend leading to remarkable year-over-year growth of over 93%.