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The News, Commentary & Events that Shaped Commerce This Week
week of 1/17/2020 |
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| Post Peak, Amazon Removes Ban on FedEx Ground, Home for 3P Sellers |
| A month after prohibiting third-party sellers from using FedEx Ground and FedEx Home for Prime orders due to alleged on-time performance issues, Amazon is now saying they’re back on the nice list. Amazon said the performance issues have been resolved to its satisfaction, allowing 3P sellers to use the services again.…» |
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| XPO Explores Sale or Spinoff of Up to 4 Business Units, Just Not LTL |
| Saying the market hasn’t been rewarding the company as it should, the board of XPO Logistics said the company was exploring strategic options including the sale or spinoff of up to four business units, which would not include its less-than-truckload shipping business. It has retained Goldman Sachs and J.P. Morgan as financial advisors.…» |
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| New Industry Group Seeks to Tackle Growing Issue of Product Returns |
| To combat the growing problem of returns, which continue to eat away at profit margins, the Retail Value Chain Federation and returns prevention software provider Newmine have created the Product Returns Council to work on solutions. Both will take part in a returns workshop at Ecommerce Operations Summit, April 14-16 in Orlando.…» |
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| Walmart Expands Use of Scanning Robots, Launches MFC for Grocery |
| Walmart is expanding its fleet of shelf-scanning robots, adding 650 this year for a total of 1,000 as it looks to address nettlesome grocery out-of-stock issues and battle competitors with the technology like Ahold Delhaize’s Stop & Shop, Giant Eagle and Schnuck’s. It has also launched a micro fulfillment center at a New Hampshire store.…» |
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| U.S. Holiday Ecommerce a Record $142.5B, Up 13%; Every Day Over $1B |
| Ecommerce spending in the U.S. for November and December posted a new record at $142.5 billion, up 13.1%, according to data from Adobe, while Salesforce pegged worldwide ecommerce spend at $723 billion, an 8% increase. Smartphones accounted for 84% of the 2019 holiday ecommerce growth in the U.S., Adobe said.…» |
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