Shopify will be smaller by about 20% after today, according to founder and CEO Tobi Lütke, as the company lays off employees and announced the sale of its logistics business to Flexport, which is headed by the former head of Read more
Sellers who use Shopify to host their online stores got a new tool to help them manage their international shipments from suppliers. One of Amazon’s most high-profile executives Dave Clark, who jumped to Flexport last year after 23 years with Read more
Amazon named a new CEO to run a unit formerly called Worldwide Consumer that it has renamed Worldwide Amazon Stores. Company CEO Andy Jassy announced Doug Herrington is taking over as CEO of the unit. Herrington, who has been at Read more
Dave Clark, who played a pivotal role in building Amazon’s fulfillment and transportation networks, is leaving the company. He spent most of his time at Amazon in operations, ultimately leading Worldwide Operations, and more recently leading Worldwide Consumer. Amazon relied Read more
Online sellers will hear directly from Amazon CEO Andy Jassy at the marketplace’s annual seller conference taking place virtually next month. The conference, which is free, aims to help third-party sellers develop their businesses, enhance their brands, and partner with Read more
Amazon denied a report in Bloomberg that it was purging suppliers. In the article, “Amazon Is Poised to Unleash a Long-Feared Purge of Small Suppliers,” the news source wrote, “In the next few months, bulk orders will dry up for Read more
Amazon brought some of the people handling sellers’ packages to Capitol Hill last week. Amazon Fulfillment Center associates met with over 20 members of Congress. According to @AmazonNews, lawmakers “heard directly from Amazonians about their work experience and Amazon’s investment Read more
