This Week in Retail – Episode 30

TWIR

The holiday season is synonymous with profits and success for retailers. Unfortunately, that success can be often paired with stress. This is largely in part to last minute purchases online. When everyone is trying to ship a product, post offices and shipping centers get packed. Luckily, UPS and FedEx are planning to hire 150,000 new full time and temporary employees to meet the spike on holiday demand. UPS will also hold an unspecified surcharge for its high volume customers. Not…

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This Week in Retail – Episode 29

TWIR

Amazon has been making waves this week, especially for retail. The company plans to expand its push-to-buy Dash buttons to become practically free. Instead of simply costing $4.99/button, the cost will now act as a rebate for future transactions on the Amazon marketplace. It also announced 11 different brands have hopped on the dash-button train, with names like Hefty and Dixie among others. Amazon also announced it would be transferring the development of its Fire Phone to its Seattle offices.…

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This Week in Retail – Episode 28

TWIR

It’s always great when retailers see boosts in their eCommerce sales, and the second quarter provided plenty of growth for online retailers. Best Buy’s Quarter 2 web sales climbed 17%, accounting for 8.6% of Best Buy’s domestic revenue. Best Buy’s CEO Hubert Joly attributed the increase to more traffic and higher conversion rates in that increase. He also gave credit to website improvements. Express’ eCommerce sales also really took off in Quarter 2, accounting for 14% of their total sales.…

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This Week in Retail – Episode 27

TWIR

Who doesn’t love Oprah? This week, the actress and former TV talk show host began selling products made exclusively for The Oprah Winfrey Network, plus items from her O List. It has been labeled as the official online store for her and her network’s merchandise. It includes items made exclusively for OWN, and items from her popular O List in O. The PayPal and eBay split has been widely covered across the eCommerce industry. Well now, PayPal has made its…

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This Week in Retail – Episode 26

TWIR

Same day delivery is becoming more of a standard in online retail. Macy’s recently announced it was partnering up with Deliv, a delivery service, to offer same day delivery in 17 different markets.The partnership is seen as a means to go head to head against everyone’s favorite eCommerce giant: Amazon. It will use delivery drivers in an Uber-type service that will pick items up directly from the store and deliver it to the customer. Macy’s tested same day delivery in…

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