ICYMI: Mexico and Canada are seeing an increase in exports to the U.S. as nearshoring takes hold in the face of uncertainty over China trade, and FedEx reported a 10% revenue decline as demand remains challenged, while announcing unit consolidation in Canada.

Multichannel Merchant
Hits of the Week

week of 6/23/23
Let the Prime Day show begin! Or rather, make that shows, as Target and Walmart are once again offering up competitive summer bargain events as each tries to shake off the economic doldrums, steal the other’s thunder and stir up consumer interest in a raft of online savings. Amazon could use a win considering all the heat it's facing, although expectations aren't set high.
Outdoor retailer giant and sustainability market leader REI announced plans to open a new circular Re/Supply location in Clackamas, Oregon in late August 2023.  The new store follows REI’s Re/Supply store in Manhattan Beach, California, which opened in 2020. The new store location will feature lightly used gear and apparel that REI receives through its returns and trade-in programs.
The Federal Trade Commission has filed suit against Amazon, alleging it duped millions of consumers into signing up for its Prime subscription program, then made it difficult for them to quit, an allegation the company vigorously denies. The FTC claims Amazon intentionally complicated the cancellation process, adding it “slowed or rejected changes that would’ve made it easier ..."
In recent years, a new wave of non-traditional, alt-commerce models has emerged, challenging our assumptions about consumer purchasing and preferences. Alt-commerce represents a radical shift in the way people buy and sell products. Innovation and technological advances, coupled with the need to foster closer customer relationships, have given rise to new selling channels.

Nearshoring Leads to Inbound Boost from Mexico, Canada

FedEx Sees 10% Revenue Drop, Plans to Consolidate Canada Operations

MyFBAPrep Sees Major Expansion in 3PL Brokering

Prepping for Peak in DTC Fulfillment Calls for a Holistic Approach

 

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