Student loan resumptions might be felt by retailers, restaurants
Just as the American economy is struggling with high inflation and interest rates, the coming resumption of student loan payments poses yet another potential challenge.
E-commerce
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E-commerce company Radial opens 2nd Avon fulfillment center
In addition to adding more than 100 jobs at the center, the company has tapped China-based logistics tech firm Geek+ to provide automation and robotics for the facility.
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Online sneaker business is a Fishers father-daughter venture
Abby Vitale’s struggle to find sneakers she liked in a woman’s size 7 last year at a shoe resellers’ convention has led to a growing business and has established an online community for female sneakerheads.
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Rapid growth of e-commerce likely to fuel industrial-market momentum for years to come
The planned, 2.2-million-square-foot Walmart distribution center is one of a dozen warehouses exceeding 900,000 square feet to enter the Indianapolis market since 2011.
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Articles
Amazon stock tumbles on weaker-than-expected 3Q revenue
The Seattle-based e-commerce behemoth’s weak forecast for the fourth quarter indicates that it expects things to get tougher.
Job listings indicate TikTok going big on U.S. e-commerce
TikTok appears to be deepening its foray into e-commerce with plans to operate its own U.S. warehouses, the kind of packing and shipping facilities more associated with Amazon than the social media platform best known for addictive short videos.
Not-for-profit pushes into e-commerce space for sales to public
Through online sales, Bosma Enterprises will make its nitrile exam gloves available to individual medical practices and other healthcare offices.
Online fullfillment firm Radial planning 2,500 seasonal hires in Brownsburg
Radial, which fills online orders for dozens of retail brands, said it needed the temporary help it pick, sort, pack and ship an upcoming surge in holiday orders.
Buy now, pay later appeals to buyers who don’t like credit
The new iteration of an age-old retail concept is gaining traction, particularly with younger consumers, and a growing number of central Indiana retailers are adding the payment option to their websites.
Online farmer’s market tech firm raises $5M, plans HQ move to Indianapolis
Carmel-based Market Wagon grew from five employees to almost 55 during the pandemic, prompting the need for more operations space. It also plans to expand from 29 to 50 markets by the end of the year.
Two Stanford economists win Nobel prize for improving auctions
The discoveries of Paul R. Milgrom and Robert B. Wilson, both of Stanford University, “have benefitted sellers, buyers and taxpayers around the world,” the Nobel Committee said.
Retail rivals crash Amazon’s Prime Day party
The gravitational pull of Amazon Prime Day is so strong on shoppers it’s benefiting other online retailers as well, according to an early analysis from a key data group.
Amazon’s latest target is pharmacy disruption
As the online retailer has moved into new industries over the years, consumers have flocked to it and numerous traditional retailers have closed their doors, unable to compete.