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

week of 7/26/2019
Back-to-School Spending Expected to Reach $80.7 Billion, Per NRF
Total back-to-school spending is expected to reach $80.7 billion, down from $82.7 billion last year, according to The National Retail Federation’s annual survey. Here is what retailers can expect from shoppers this school season. …»
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Cross-Border Shipping: Overcoming Global Headwinds, Trade Issues
Discover the latest trends in global payments technology, which countries are seeing greater payment tech adoption, the challenges of getting the payments process right across borders, and why mobile payments are a big deal for millennials everywhere.
 
UPS Adds Sunday Delivery, Doubles Pickup Locations with Retail Partners
Through new partnerships with Michael’s, CVS and Advance Auto, UPS is more than doubling its network of U.S. Access Point locations and adding Sunday pickup and delivery in January for business and residential customers as it engages in an arms race with FedEx. This gives UPS 63,000 U.S. locations, compared to 62,000 for FedEx.…»
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GNC to Close 900 Stores with a Focus on Mall Locations
GNC announced plans to close 900 stores or about half of its total portfolio, with a focus on underperforming mall locations, part of the overall trend of thousands of store closures as fewer people hit the doors with ecommerce growing.…»
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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.
 
PRC Approves Lower Postal Rates Ahead of UPU Meeting
The Postal Regulatory Commission has approved a range of postal rates for smaller packages originating from overseas to the United States, part of an effort to level the playing field for U.S. merchants and manufacturers disadvantaged by international postage rules.…»
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eBay Suite of Fulfillment Services Targets High-Volume Sellers
Taking a shot at Amazon’s leading position, eBay will launch a fulfillment program next year targeting high-volume sellers and tapping a network of partners to provide end-to-end services including shipping, tracking, warehousing and customer service. This is similar to a move made last month by ecommerce platform Shopify.…»
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