China’s Singles’ Day sales festival has reportedly been stretched to as long as five weeks by some retailers. While the sales event is set for Nov. 11, which is the original Singles’ Day, JD.com and Douyin began their campaigns on Oct. 9 and Alibaba began its...
Walmart reportedly plans to boost its investment in U.S. manufacturing. The company is investing in a new beef processing plant in Kansas that will create 600 jobs and recently partnered with USAntibiotics to make products like amoxicillin in the United States, Walmart U.S. CEO John...
Amazon is increasing its fulfillment fees for independent sellers on its eCommerce platform. Starting next year, Referral and Fulfillment by Amazon (FBA) fees will increase by an average of $0.08 per unit sold, or less than 0.5% of an average item’s selling price, the company...
Amazon is reportedly planning a widespread series of job cuts in various corporate divisions. Those cuts could include up to 15% of the tech giant’s human resources (HR) staff, Fortune reported late Tuesday (Oct. 14), citing multiple sources familiar with the plans. Aside from HR,...
Amazon plans to keep its hiring levels flat for the 2025 holiday season. The eCommerce giant is expecting to hire 250,000 for its busiest season, according to a Monday (Oct. 13) press release. That’s the same hiring level as in 2023 and 2024. “We find...
The first cold front grazes the map, and suddenly the economy smells like a bakery. Baristas are pulling double shifts. Marketers are testing 1,000 shades of orange. And somewhere in a product lab, a person with a budget labeled “seasonal experimentation” just asked, “But what...
Grocery technology company Instacart has announced a new integration that enables select TikTok consumer packaged goods (CPG) advertisers to use TikTok Ads Manager to tap into Instacart’s first-party retail media data. The advertisers can use this data for campaign targeting and performance measurement, Instacart said...
Forget Frank Lloyd Wright, there’s a new architect in town. As marketplace news this week reveals, Amazon and Walmart are no longer competing as traditional merchants. They’re building ecosystems that blur the lines between logistics networks, software platforms and local infrastructure. Against this backdrop, the...
Amazon Autos has added Chase, Santander and Wells Fargo to the lenders offering financing options on its automotive storefront. With the addition of these lenders, dealers can offer Amazon customers financial services providers they already use in-store, and shoppers can gain more insights and options...