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Happy Returns Network Expands to 2,600+ Locations in FedEx Deal

| Mike O'Brien

After parting ways with Amazon last year, FedEx is now jumping deeper into ecommerce returns, much as Amazon did with Kohl’s, by adding Happy Returns bars to 2,000+ FedEx locations, including 300 inside Walmart stores. Unboxed returns will be accepted from 150 different retailers when the program launches at the end of October.

Staples to Accept Returns from Other Retailers Through Optoro Partnership

| Mike O'Brien

Continuing a growing trend toward making ecommerce returns more convenient and safer for shoppers in the contactless pandemic era, Staples has struck a partnership with Optoro in which the office supply giant will accept unboxed returns from other retailers that will be processed by Optoro. More retailers will come online in January.

Roundup: Retail, Malls Reopen Slowly, Midsize Players Get Fed Relief

| Mike O'Brien

Retail was a mixed bag this week, as over a dozen states have begun to slowly reopen, working to come out the other side of the COVID-19 shutdown. Some retailers and malls are doing the same, hoping that enough returning shoppers and their pent-up demand for goods will help with massive cash flow and viability challenges.

On-Demand Warehouse Provider FLEXE Raises $43M in New Funding

| Mike O'Brien

On-demand warehousing and fulfillment firm FLEXE has raised $43 million in Series B funding, led by Activate Capital and Tiger Global Management, with participation from Madrona Venture Group and follow-on investments from Redpoint Ventures, Prologis Ventures and others. Clients include Walmart, Staples and Toms.

Office Depot Launches Same-Day Delivery

| Mike O'Brien

As Amazon continues to encroach on the office supply market and offers speedy service in a growing number of urban markets, Office Depot is launching same-day delivery on Aug. 28 in Atlanta and Los Angeles, followed by Miami/Fort Lauderdale on Sept. 6. It has some catching up to do with rival and would-be merger partner Staples.

Staples is Acquired for $6.9 Billion

| MCM staff

Staples announced it was acquired by a private equity firm for $6.9 billion. Here is what Staples executives had to say about the acquisition and what it means for the company.