Shoppers will no longer be able to buy an item for a lower price if they can prove that they found an identical product listed for less by Amazon or Walmart.
Category: E-Commerce
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China’s Problem With Competition: There’s Too Much of It
The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral.
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Factories Were Pushed Out of Cities. Their Return Could Revive Downtowns.
Changes in zoning rules have allowed small manufacturers to return to the districts and neighborhoods they began leaving a century ago.
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‘They Kept Coming’: Hundreds of Packages Pile Up Outside Woman’s Home
A year ago, misdirected Amazon returns began arriving at Karen Holton’s house in California. Eventually, she said, they were stacked so high that she could not easily use her door.
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Walmart Tries to Shed a Stodgy Vibe to Battle Digital-Native Rivals
The retailing giant is spending billions to attract workers to a new headquarters and woo shoppers with drone delivery and a broader range of items (like Louis Vuitton handbags).
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Chinese Companies Set Their Sights on Brazil
Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names in Latin America’s biggest economy.
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New Digital Comics Store Takes Aim at Amazon
Two veterans of Comixology, a site that the e-commerce colossus bought in 2014, are now starting a rival to compete with it.
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BowFlex Recalls 3.8 Million Adjustable Dumbbells After Injury Reports
More than 300 reports of the weight plates becoming dislodged have been filed, with more than 100 of those incidents resulting in injuries, the U.S. product safety agency said.
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Victoria’s Secret Takes Down Website After Security Breach
The cyberattack disrupted online sales for days and sent the lingerie company’s share price lower.
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Carvana, a Used Car Retailer, Thinks Trump’s Tariffs Could be Good for Business
The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehicles.
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A Shipping Change Might Help Small Businesses if Not for Trump’s Trade Wars
Companies squeezed by Shein and Temu are welcoming the end of a shipping rule that bolstered the Chinese e-commerce giants. But broader tariff concerns are outweighing any optimism.
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A Kentucky Boy Mistakenly Orders Almost 70,000 Dum-Dums Lollipops
Holly LaFavers said she was eventually refunded $4,200 for her 8-year-old son’s order of Dum-Dums candy.