eBay Matches Amazon With Logistics Option
A new eBay service will enable merchants to store inventory in strategically located warehouses, resulting in faster delivery times.
PetMed Earnings Dip as Online Competition Bites
The pet pharmacy "has yet to figure out an effective strategy at combating newcomers" like PetSmart's Chewy.com.
Alibaba Seeks Share of U.S. B2B E-Commerce
Alibaba's move to open its platform to U.S. sellers puts it "in direct competition with Amazon in the business-to-business online marketplace."
Amazon to Spend $700 Million to Upskill Employees
The retail and tech giant will expand its training programs to help employees move into more advanced roles.
Flower Delivery Service FTD Files Bankruptcy
The company says its finances have wilted as the expected benefits from its $430 million acquisition of ProFlowers have not materialized.
Blackstone Buys GLP Warehouse Properties
The $18.7 billion deal is a bet on the future of e-commerce and logistics growth.
J.Jill ‘Disappointed’ with First Quarter Financial Results
The retailer fell short on earnings and revenue last quarter and same-store sales dropped more than 3%.
Walmart Gets Big Sales Boost From E-Commerce
"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
Retail Sales Tumble in December
U.S. retail sales in the all-important holiday month recorded its biggest drop in more than nine years.
Amazon Posts Record Earnings But Stock Falls
“The question for investors now is if Amazon can grow profits fast enough to make up for slowing revenue growth."