Last month, Chinese tech conglomerate Alibaba debuted a fast delivery service it dubbed “instant commerce.” On the company’s earnings call Thursday (May 15), analysts wanted to know: Why now, especially given recent intensification in the food delivery space? Fan Jiang, CEO of the company’s eCommerce...
Amazon will start selling prescriptions for pets. According to a Thursday (May 8) blog post from Amazon, the company said it is partnering with pet pharmacy Vetsource to provide prescription pet medications, adding hundreds of prescription medications to its platform. Shoppers can order them through...
Online resale marketplace ThredUP delivered better-than-expected first-quarter earnings Monday (May 5), reinforcing shoppers’ growing taste for secondhand clothing. And in a theme not sounded very often during this earnings season, CEO James Reinhart says the Trump administration’s proposed tariffs on Chinese imports could sharpen that...
Pinterest is introducing new features to let users find ideas that match their personal tastes. The new visual search tools, announced Monday (May 5), will first be available for women’s fashion content in the U.S., Canada and the U.K., eventually moving to more categories. “Our...
Temu has reportedly stopped shipping products from China directly to U.S. consumers due to the elimination of the de minimis exemption that had shielded small packages from U.S. tariffs. “This shift is part of Temu’s ongoing adjustments to improve service levels,” a Temu spokesperson told...
The new Saks on Amazon storefront offers the curated shopping experience and luxury fashion and beauty items associated with Saks Fifth Avenue together with the convenience and fast shipping offered by Amazon, Amazon said in a Thursday (May 1) blog post. This new offering is...
Fast fashion retailer Shein is reportedly considering ways to restructure its American business. This effort is a way to deal with ongoing tariffs on Chinese imports, which have threatened Shein’s plans to go public, the Financial Times (FT) reported Wednesday (April 30). As the FT...
Etsy CEO Josh Silverman is advocating against policy changes that he says will hurt the 8 million Etsy sellers on his platform, appealing to an administration that has pledged to protect the American worker. In the Trump administration’s rush to protect American industries and assess...
Shein has increased the prices of several products in response to pending tariffs. As Bloomberg News reported, most of those U.S. price hikes by the eCommerce retailer happened Friday (April 25), with some increases markedly higher in specific categories. Data compiled by the news outlet...
