The following is a press release issued by the Department of Justice U.S. Attorney’s Office for the District of Vermont on Thursday, January 31, 2024: eBay to Pay $59 Million to Settle Controlled Substances Act AllegationsFourth-Largest Controlled Substances Act Settlement Read more
PayPal will reduce its workforce by 9 percent this year through layoffs and through the elimination of open roles. (CNBC estimated that is about 2,500 jobs.) PayPal CEO Alex Chriss, who replaced Dan Schulman in September, communicated the news to Read more
Walmart Marketplace added new functionality so online merchants can choose to have the retailer simply keep their returns rather than ship them back. The “Keep It” rule means that when customers initiate returns – including in Walmart Stores – the Read more
Spending for Valentine’s Day is expected to be relatively flat this year, though people are planning to spend more on significant others this year than last (compared to spending on others – pets, friends, and co-workers, for example). The findings Read more
eBay laid off 1,000 employees this month – and 25 of them worked at its authentication center in Las Vegas, Nevada located on North Lamb Boulevard. Included were 8 authenticators, an authentication specialist, and 16 warehouse workers. eBay relies on Read more
Walmart is launching a program to attract sellers to its platform. New sellers will receive up to 50% off referral fees for the first 90 days as part of the New-Seller Savings program announced on Monday. It’s also offering new Read more
In a marketing gimmick to bolster its campaign to position itself as a place for people to shop for gifts, Etsy named actress and talkshow host Drew Barrymore an honorary “Chief Gifting Officer” on Monday. The celebrity will be tasked Read more
In November, Bonanza began requiring sellers to use its shipping label program for all orders – otherwise it would charge them a $2 shipping fee per order. The online marketplace made exceptions for sellers who used certain postage providers who Read more
Etsy launched a new Gift Mode feature with great fanfare on Wednesday, touting it as a way to bring more buyers to the site. Now it is offering to share tips with sellers on how they can optimize their shops Read more
Amazon requires three images on each product detail page, and it will begin using images from other sellers to fill in any gaps. The marketplace announced the new policy on Thursday. “Previously, product detail pages displayed images from one selling Read more
