Jet, through its parent Walmart, has acquired ShoeBuy from IAC for approximately $70 million. This acquisition closed on December 30, 2016. Below are some key facts about the deal. Who is ShoeBuy? ShoeBuy is a leading online footwear, clothing and Read more
Voxware, a leading provider of cloud-based solutions for distribution operations, released research highlighting why consumers return items purchased online or by phone and how their experiences with the returns process affects their future intentions to shop with retailers. The results Read more
Amazon announced the Fulfillment by Amazon (FBA) service delivered more than 2 billion items for Marketplace sellers worldwide in 2016. The Amazon Marketplace creates opportunities for sellers, brand owners and entrepreneurs to reach customers around the world. FBA items shipped Read more
New research reveals that nearly half of Americans received a holiday gift they did not want or will not use, and name friends (30%), co-workers (20%) and in-laws (19%) as the ones who didn’t quite hit the mark.* Since most Read more
Alibaba Group has filed with Shenzhen Longgang District People’s Court a lawsuit against two (allegedly) fake Swarovski watch sellers on Taobao platform, claiming RMB1.4 million in damages for contract and goodwill violations. It is the first ever legal action taken Read more
Amazon announced plans to open a second fulfillment center in Jacksonville, Florida. The facility will add more than 1,000 full-time jobs with benefits starting on day one. In the Sunshine State, Amazon currently employs more than 4,000 full-time employees. “We’re Read more
Shopgate, Inc., the leading SaaS shopping app platform, today released findings from its 2016 Mobile Shopping Benchmark Report, which reveals that many omnichannel retailers adopted mobile technologies in 2016, but many others have yet to adopt advanced techniques such as Read more
According to data by Radial, cross-border ecommerce is proven to be much more susceptible to fraud than domestic ecommerce. The data, which covers over 100 clients in eight different verticals and over 100 million transactions, showed that cross-order ecommerce was Read more
The US Postal Service posted the following message on its Link blog: USPS has expanded its Surface Visibility (SV) program to an additional 114 sites, bringing the total number to 437 across the nation. The program is part of the Postal Service’s Read more
The Office of Inspector General for the US Postal Service published a list of the top-ten postal stories for 2016 on its blog – here’s an excerpt including the top 5 stories it idenfied with a link to the full Read more
