E-commerce

As Amazon expands its logistics operations, it’s inching closer to developing a service that competes with FedEx and UPS. Shares of both package carriers fell today after news of Amazon’s new Shipping with Amazon service was reported in the Wall Street Journal. The company is piloting that service in Los Angeles, delivering some goods sold […]

Nordstrom’s stock jumped today after the company said a group of Nordstrom family members is considering taking the company private. Like all department stores, Nordstrom has been battling a decline in shopping mall traffic and competition from online retailers. The company reported weaker-than-expected sales last month and warned of a sluggish year ahead. Among other […]

UPS is upping its game. The parcel carrier this week announced it’s going to extend service out to Saturday, competing with the likes of FedEx and the U.S.Postal Service. The move comes as e-commerce continues to expand, with customers demanding faster delivery times.  Click the audio player above to hear the full story.

E-commerce giant Amazon is one of seven retailers entering a pilot program allowing some food stamp users to order groceries online. The first states to participate with Amazon starting this summer are New York, New Jersey and Maryland, though other states are working with different participating companies. Last year, the Supplemental Nutrition Assistance Program provided […]

With online merchants taking an ever-bigger chunk of the retail business, many national chains have announced store closures and thousands of layoffs, including Macy’s, American Apparel, the Limited, Sears and Abercrombie & Fitch. On the other hand, warehouses and distribution centers are seeing growth. In one respect, the new jobs are much like the old. […]