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  • 2020
  • July

Month: July 2020

USPS Says Treasury Is Not the Boss of Me

July 30, 2020July 30, 2020 Ina Steiner
USPS logo

Just because the United States Treasury is requiring the USPS to provide information about confidential negotiated contracts with its top customers doesn’t mean the USPS is ceding control, the Postal Service indicated in a statement on Thursday. Congress authorized the Read more

News, ShippingCARES Act 2020, Treasu, USPS, USPS financials3 Comments

USPS Agrees to Treasury Loans with Stunning Strings Attached

July 29, 2020July 29, 2020 Ina Steiner
USPS logo

Congress authorized the USPS to borrow $10 billion from the US Treasury Department as part of the CARES Act (the Coronavirus Aid, Relief, and Economic Security Act). But in negotiating the terms, the Treasury Department attached some significant strings, including Read more

News, ShippingLouis DeJoy, Treasury Department, USPS, USPS financials7 Comments

Amazon Wants to Help Sellers on Walmart and Elsewhere

July 29, 2020July 29, 2020 Ina Steiner
Amazon

On April 1st, Amazon lowered its fulfillment fees for non-Amazon orders through its FBA service, known as MCF (multi-channel fulfillment). Now it’s offering select sellers the ability to send their off-Amazon orders in non-Amazon branded boxes at no extra charge. Read more

Marketplaces, NewsAmazon, Amazon FBA, Amazon MCF1 Comment

New eBay CEO Prioritizes Consumer Sellers, Gen-Y Buyers

July 28, 2020July 28, 2020 Ina Steiner
eBay

eBay CEO Jamie Iannone revealed his strategy on Tuesday for a “technology-led reimagination of eBay.” Unlike recent predecessors, the new CEO is placing importance on “consumer sellers” – those who may sell on eBay to buy on eBay. In a Read more

Marketplaces, NewseBay financials, eBay strategy, Jamie Ianonne16 Comments

Amazon to Open Seventh Fulfillment Center in Tennessee

July 28, 2020 Ina Steiner
Amazon

Amazon will open a new fulfillment center in Mt. Juliet, Tennessee next year. The facility joins others in the state, including fulfillment and sortation centers in Charleston, Chattanooga, Lebanon, Murfreesboro, Memphis, and Nashville. The new fulfillment center is the seventh Read more

Marketplaces, NewsAmazon FC, Amazon robotics2 Comments

eBay Offers ‘Witnessed Authentication’ Service for Sports Memorabilia

July 28, 2020July 28, 2020 Ina Steiner
eBay

eBay is offering a “witnessed authentication” service for sports memorabilia on its marketplace thanks to a partnership with PROVA Group. “Starting today, sellers can use PROVA Group’s services to verify their items as legitimate, and buyers can rest assured they Read more

Marketplaces, NewsCollectibles sports memorabilia, eBay authentication service, PROVA Group5 Comments

eBay Launches Brand Marketing Campaign in Germany

July 27, 2020July 27, 2020 Ina Steiner
eBay

eBay launched a new ad campaign in Germany. “Buy. To sell. eBay” is the slogan of the brand campaign. eBay is running the ads on all major digital channels and on the radio and feature TV presenter Joko Winterscheidt and Read more

Marketplaces, NewseBay Advertising, eBay Germany

Amazon FBA Sellers: Clean Out or Pay Up by August 15

July 25, 2020July 25, 2020 Ina Steiner
Amazon

Amazon issued a reminder to sellers who use its FBA fullfillment service: clean out or pay up. FBA’s next long-term storage fee inventory cleanup date is August 15th. Sellers who don’t remove slow-moving inventory from Amazon’s facilities by then will Read more

Marketplaces, NewsAmazon FBA, Amazon FBA fees

Online Selling Fraud with a Side of Tax Evasion

July 24, 2020July 24, 2020 Ina Steiner

Selling ill-gotten goods online is never a wise decision, and attempting to hide the proceeds from the IRS only compounds matters. The government says a company executive assistant bought unauthorized supplies from Staples and charged it to her employer, “intentionally Read more

News, Tax and Legal IssuesDOJ, eBay, Fraud, IRS, Taxes4 Comments

Walmart Marketplace Warns Sellers to Expect More Returns

July 24, 2020July 24, 2020 Ina Steiner
Walmart

Walmart Marketplace warned sellers to expect higher return volume throughout the year related to COVID, and it made some adjustments to its policies as a result. “eCommerce volumes have seen an unprecedented spike and now retail is anticipating another less Read more

Marketplaces, NewsReturns, Walmart marketplace1 Comment

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