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The News, Commentary & Events that Shaped Commerce This Week
week of 10/26/2018 |
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| UPU Fast-Tracking Rate Review After Trump Pullout Threat |
| The Universal Postal Union (UPU), a hitherto quiet backwater that sets global cross-border mail and parcel rates, now plans to fast-track review of rate changes after President Trump last week threatened to pull out of the UPU accord, according to the Wall Street Journal.…» |
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| Over 60% of U.S. Retailers Would Consider Banning Serial Returners |
| Sixty-one percent of U.S. retailers said they would consider banning serial returners as Amazon has done to combat the growing wave brought on by over-generous policies, according to a new survey from UK ecommerce software firm Brightpearl. In the UK, 45% of retailers said they would consider doing so.…» |
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| 2018 Holiday Spending Expected to Exceed $1.1 Trillion |
| Holiday spending in the U.S. this year is projected to exceed $1.1 trillion, up more than 5% from 2017, according to an annual consumer survey from Deloitte, with $128 billion coming from online sales, about a 20% increase. Here are the rest of the projections for the holiday shopping season. …» |
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| Target Blows Out Free Two-Day Delivery Ahead of the Holidays |
| In the never-ending pursuit of Amazon and seeking separation from other foes like Walmart, Target has announced the availability of same-day delivery in 46 states ahead of the peak holiday season from Thanksgiving through Christmas, while also eliminating its $35 order threshold for free two-day shipping as of Nov. 1.…» |
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