Amazon will cut the volume of packages it ships through the Postal Service by 20 percent under a tentative new deal that will preserve a crucial source of income for the agency.
Category: E-Commerce
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Amazon and U.S. Postal Service Reach New Deal on Deliveries After Year of Talks
The New York Times – Business: -
Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million
The New York Times – Business:Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit.
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Consumers Paid Tariffs on Overseas Items. Now They Want a Refund.
The New York Times – Business:The Trump administration has yet to announce a process to return fees paid by companies and shoppers for tariffs now deemed illegal.
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Etsy Sells Depop, a Secondhand Clothing App Popular With Gen Z, to eBay
The New York Times – Business:The $1.2 billion deal comes as eBay looks to expand its appeal among younger users.
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Tech Firms Are Persuading Retailers to Put A.I. Everywhere
Stores of all kinds are using artificial intelligence to sell everything from luxury handbags to hay for horses.
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Coupang C.E.O. Resigns in Fallout Over Massive South Korean Data Breach
Coupang said Park Dae-jun would step down to accept “grave responsibility” for the leak that exposed information on nearly 34 million customer accounts.
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Same Product, Same Store, but on Instacart, Prices Might Differ
The findings are the latest example of how the notion of a single price is breaking down in the digital age, a trend economists say could be pushing up some prices.
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It’s Your Duty to Pay the Duty: Buyers Hit With Extra Charges on Packages
The end of a tariff exemption on goods worth $800 or less has left some U.S. shoppers with an extra shipping bill that must be paid before delivery.
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Two Retail Chiefs Take Stock of a Make-or-Break Holiday Shopping Season
The leaders of Nordstrom and Selfridges are dealing with tariffs, a tough economy and a fight for relevance.