Is Amazon Destroying Retail?

“A set of facts could be put forward that would support that (they are destroying the retail landscape),” says former Walmart CEO Bill Simon. “Do I want to go out of business because I’ve lost my sales by not matching them on price? Or, do I want to go out of business because I’ve matched them on price?”

Autonomous Driving for Trucks Will Happen First, Says Full Truck Alliance CFO

“We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car vehicle sector,” says Richard Zhang, CFO of Full Truck Alliance.

Walmart Can’t Let Amazon Out Walmart Walmart

“They kept making a new step every time and the rest of retail had to follow and they won the game, they got all the market share,” says Jan Kniffen of J. Rogers Kniffen Worldwide “They can’t let Amazon out Walmart Walmart (when it comes to free one-day shipping). Walmart will fight this battle to the bitter end.”

IBM Says Blockchain-Powered Shipping Industry Platform Will Dramatically Reduce Costs

Major ocean container carriers are joining TradeLens, a blockchain-enabled digital shipping platform, jointly developed by Maersk and IBM. With the addition of these carriers nearly half of the world’s ocean container cargo will be using blockchain technology to dramatically improve costs and efficiencies.

Rakuten Super Logistics To Open 6 New Ecommerce Fulfillment Centers

The recent USPS shipping structure changes will increase retailers shipping costs, says Rakuten CEO Mike Manzione. What Rakuten does is help retailers offset by utilizing a network of order fulfillment centers, thereby controlling shipping costs while decreasing shipping times.

CEO of Shipping Giant Maersk: Imports to the US Are Strong

Despite the current trade climate imports to the US remain strong and are currently rising according to Soren Skou, CEO of A.P. Moller – Maersk, the world’s largest shipping company. Skou also discussed their use of technology.

eBay Announces Update On USPS Package Pickups

eBay made a quick announcement regarding USPS package pickups in light of recent changes made by the Postal Service. In a brief post, the company said: Sellers can now schedule a pickup on First-Class Package Service without having to choose…

eBay: We Fixed That ‘Free Shipping’ Glitch

Earlier this month, we reported on a glitch in eBay’s mobile apps that was telling buyers that some items had free shipping even when the seller had not indicated that they did. This, according to some, had been happening for…

Amazon Raises Spending Minimum For Free Shipping

In case it hasn’t been clear by now (it has), Amazon’s primary objective when it comes to everyday users, is to get them to become Prime members, which gives them access to free two-day shipping. Amazon has offered free shipping…

Controversial eBay Feature That Was In Testing Gets Global Roll-Out

Last week, we reported on a feature that eBay has been testing. It lets customers say whether or not they received the item they purchased on or before a specific estimated delivery date. Yes and no are the only options.…