Multichannel Merchant Week In Review The News, Commentary & Events that Shaped Commerce This Week

week of 7/19/2019
FedEx Cites Amazon Competition for the First Time in 10k
Despite public pronouncements from FedEx Chairman and CEO Fred Smith that he is unconcerned about Amazon as a logistics competitor, the company used that term in its recently released annual report for the first time in connection with the ecommerce giant. Further actions by Amazon will "reduce our revenue" FedEx stated.…»
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Overcoming Operational Challenges in a Rapidly Growing Ecommerce Business
Download this MCM report to learn how two hot ecommerce brands worked with FedEx Fulfillment to overcome inventory management, fulfillment, distribution, transportation and reverse logistics challenges to get packages to customers faster.
Ecommerce Checkout Platform Bolt Raises $68M in New Funding
Bolt, a San Francisco-based ecommerce checkout startup that aims to give ecommerce and DTC companies an Amazon-like experience at the bottom of the funnel, has raised $68 million in a Series B round, bringing its total venture raise to $90 million.…»
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CommonSense Robotics Goes Underground with Grocery Fulfillment
Israeli firm CommonSense Robotics is building what it says is the world’s first underground automated fulfillment operation for grocery delivery, anticipating a future where facilities like this will occupy abandoned urban spaces above and below ground to fulfill one-hour deliveries for city dwellers.…»
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Discover the Latest Trends in Global Payments Technology
Download this MCM Special Report to learn strategies to overcome the challenges of getting the payments process right across borders. Learn how payment preferences and practices vary around the world, how to get it right and deliver a seamless customer experience through checkout.
 
Most Shoppers Say Poor Shipping Options Derail Ecommerce Orders
While the relationship between shipping options and cart conversion or abandonment is well established, the extent of the impact is shown in stark detail in a new report from ecommerce platform provider BigCommerce. More than two-thirds of consumers said they've abandoned a purchase based on poor shipping options.…»
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Prime Day by the Numbers: 175 Million Items Ordered and Other Cool Stats
Prime Day saw 175 million items purchased by Prime members over the two days, according to Amazon, eclipsing its 2018 Black Friday and Cyber Monday sales combined, while analysts pegged total GMV at $6 billion to $6.2 billion. See what other interesting statistics we found to paint a picture of the concocted "Christmas in July."…»
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Baxter & Woodman, Inc. – Naperville, IL

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