Multichannel Merchant

The News, Commentary & Events that Shaped Commerce This Week

week of 8/31/2018

Trump Looks to Level Playing Field With UPU on International Postage Rates

As he reviews the report from his U.S. Postal Service task force and weighs next steps including possible privatization, President Donald Trump has now set his sights abroad in pursuit of more equitable international postage rates from the Universal Postal Union or UPU, according to media reports.…»

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Best Buy Ecommerce Revenue up 10.1% in Q2, Now 15% of Sales

Best Buy reported strong topline, earnings and comp growth in the second quarter as its omnichannel focus, ecommerce sales and categories like appliances continued to be bright spots. See what executives had to say about the Q2 results and what the company is doing to improve the customer experience.…»

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Boxed Closes $110 Million Funding Round Led By Japan’s Aeon Group

After various acquisition offers didn’t work out, club-based grocery and CPG ecommerce startup Boxed has secured a $110 million funding round, validating the company’s technology and market position as the e-grocery space continues to heat up.…»

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Target Aggressively Expanding Delivery Services Ahead of Holidays

Target continues to fire on all cylinders in terms of fulfillment, delivery and omnichannel, expanding its delivery from store and curbside pickup programs ahead of the holidays and seeing strong growth in its Shipt same-day delivery service.…»

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Moosejaw Launches First Digital Store on Walmart.com

Moosejaw, an outdoor apparel and accessories brand which was acquired by Walmart in early 2017, is the first of Walmart’s acquired brands to launch a new online store on Walmart.com. See what plans Moosejaw has in place for the new online store. …»

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