Best Buy opened its site to third-party merchants in 2011, and today, February 24, 2016, it is cutting them loose with the closure of its Marketplace business. The closure affects only the US marketplace on BestBuy.com. EcommerceBytes broke the news on Tuesday Read more
Etsy grew Gross Merchandise Sales 21.3% to $741.5 million in the fourth quarter of 2015, the company revealed Tuesday when it released earnings. It said the growth was driven by a 15.5% year-over-year growth in active sellers and 21.4% year-over-year Read more
“What will eBay do with $750 million?” a reader asked upon reading that the company was raising that amount by offering 6% notes. According to eBay’s press release on Monday, it expects its offering of $750 million in senior unsecured notes to Read more
eBay is running a free-listing promotion, and unlike most seller promos in the UK, it’s not limited to private (casual) sellers. But while the week-long promo is for business sellers, it’s also by invitation only. Sellers who receive an invitation Read more
The head of eBay’s North American Marketplaces revealed on Monday that he has become a Top Rated Seller. Hal Lawton came to eBay from The Home Depot last April and invited users to visit his eBay Store to see what he has Read more
Some sellers were caught off guard when they saw a new metric in their seller dashboards beginning on Friday. The Return Rate metric shows the percentage of returns broken down by category, prompting rampant speculation about how eBay might be Read more
eBay is giving UK sellers a break on a key performance metric as it rolls out new seller performance standards. For now at least, sellers who use Royal Mail will not be punished for late deliveries as long as they Read more
As of this weekend, eBay is no longer using negative feedback or DSRs to evaluate a seller’s performance. The change, announced last September, took effect on February 20, 2016. Avoiding claims, cancelled orders, and late shipping is now key to Read more
Amazon will build a new fulfillment center in England, and is part of the company’s plan to create 2,500 permanent jobs in the UK this year. Amazon will build the new 1-million square foot fulfillment center in Coalville, Leicestershire, which Read more
Etsy launched a program called Etsy Maker Cities to explore opportunities for local governments to help members of its community to start and grow their businesses, and it is kicking off a Maker Cities Summit in May. Etsy Maker Cities Read more
