The USPS reported revenue of $17.5 billion in its quarterly report today, essentially unchanged compared to same quarter last year; a net loss of $2.1 billion; and a similar pattern of declining mail volume and increasing package volume. “First-Class Mail Read more
eBay is opening a pop-up store in the UK as a tie-in with its Retail Revival program. According to Elite Business Magazine, the space in Wolverhampton will house 40 small retailers for one month. “eBay’s venue will be something of Read more
eBay sellers can now send offers to buyers with an exclusive discount in 3 ways, the company announced on Thursday. Sellers can send an offer with Seller Initiated Offer in the following ways: offers to watchers, offers to buyers who Read more
Amazon is pitching its DSP (Delivery Service Partner) program to its third-party merchants, telling them there’s “never been a better time to own your own business with Amazon as your partner.” (See update below.) Amazon had launched DSP in June Read more
Amazon made changes to its messaging system that buyers and sellers use to communicate with each other. Sellers can now create templates so they can send standard messages to shoppers. Another feature: Amazon automatically translates the text in messages to Read more
Around 100 Amazon merchants were victim to a six-month hack in 2018, according to Bloomberg, which said an “extensive” fraud let thieves steal cash from the merchants’ accounts. But rather than its own system being hacked, Amazon believes the merchants Read more
Etsy grew GMS – the value of goods third-party sellers sold on its marketplace – by 18.9% in the first three months of the year. But its own revenue grew a whopping 40.1% in the quarter, indicating sellers are paying Read more
eBay entered into a partnership with LiveAuctioneers, an online-auction platform for auction houses selling Fine Art, Antiques, and Collectibles. Unsold goods from the auction houses will now automatically list on eBay in fixed-price format. As part of the deal, inventory Read more
To spur its best buyers in the final week before Mother’s Day, eBay is running an eBay Bucks Promotion. The sale kicked off on May 6 and ends today, May 8th and is by invitation only. Members of the loyalty Read more
eBay expanded its home-based customer service program called eBay@Home, selecting Baton Rouge, Louisiana to be the second city to join the program. It is also expanding its Retail Revival initiative in the city – the sixth in the program. Announcement Read more
