Tariffs double some prices on retail sites Temu, Shein
There are no import surcharges on items that are already available in U.S. warehouses, keeping the prices of those goods generally stable, at least for now.
online sales
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Online vendors already cashing in on Trump assassination attempt
Retailers and conservative supporters have commodified the assassination attempt on Donald Trump at lightning speed, with products from T-shirts to trading cards bearing images of the former president—fist raised and bleeding at his Pennsylvania campaign rally—flooding the internet.
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In Indy visit, Donald Trump Jr., Jim Banks offer vision for parallel economy
Donald Trump Jr. and U.S. Rep. Jim Banks (R-Indiana)were joined by Michael Seifert, founder and CEO of PublicSq., a digital marketplace of businesses that support conservative causes.
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Online grocery service Green Bean Delivery calling it quits
The 15-year-old Indianapolis-based company founded by organic farmer Matt Ewer and nutritionist Beth Blessing said it would permanently close after this week’s deliveries.
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Shein’s U.S. expansion starts with distribution center in Indiana
The apparel company founded in China is pushing to get its ultra-low priced merchandise on doorsteps more quickly by opening more North American distribution centers, including a major hub in Whitestown.
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Secondhand retailers poised to benefit if tariffs drive up new clothing costs
Price hikes may drive cost-conscious shoppers to online resale sites, consignment boutiques and thrift stores in search of bargains or a way to turn their wardrobes into cash.
E-commerce sites Temu, Shein say they’re raising prices due to tariffs
Temu, which is owned by the Chinese e-commerce company PDD Holdings, and Shein, which is now based in Singapore, said in separate but nearly identical notices that their operating expenses have gone up “due to recent changes in global trade rules and tariffs.”
New rule aims to help consumers cancel subscriptions, memberships
The click-to-cancel rule went into effect Jan. 14, although sellers have until May 14 to comply.
iGaming legislation for Hoosier Lottery, casinos dead for session
Under the bill, Indiana would have joined 14 other states with digital lottery games, including Kentucky, Illinois and Michigan.
U.S. ‘notorious markets’ report warns of risks from online pharmacies
The report says 96% of online pharmacies were found to be violating the law, many operating without a license and selling medicines without prescriptions and safety warnings.
Meta tries letting Facebook Marketplace users view eBay listings as way to resolve EU charges
Meta is carrying out the trial after Brussels slapped the company with a penalty of nearly $824 million for what it called “abusive practices” involving Marketplace.
Online holiday sales set record, driven by higher-income shoppers
U.S. shoppers spent an unprecedented $41.1 billion online over the five-day period from Thanksgiving through Cyber Monday this year.
Cyber Monday shoppers expected to set record
Cyber Monday has become the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it.
Amazon launches online discount storefront to better compete with Shein, Temu
The company said the new Amazon Haul storefront will mostly feature products that cost less than $10 and offer free delivery on orders over $25.
Many retailers offer ‘returnless refunds,’ but they don’t talk much about it
Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.
FTC’s rule banning fake online reviews goes into effect
The rule, which went into effect Monday, allows the agency to seek civil penalties against those who knowingly violate it.
Shoppers expected to spend record $241B online this holiday season
Both Coresight and Moody’s project total retail sales, in person and online, will grow around 3 percent during the last three months of the year, roughly on par with last year.
Indianapolis-based High Alpha leads $8.9M investment in retail-tech startup
The company’s founder and CEO, Arthur Root, started Nostra AI while he was a student at Indiana University.
Amazon rakes in $14.2B for Prime Day sale, up 11% from a year ago
Top-selling products included protein shakes, Amazon’s Fire TV Stick streaming device and Glad brand trash bags, according to Numerator.
Amazon Prime Day a big event for scammers, experts warn
Consumers reported losing about $10 billion to fraud in 2023, a 14% jump from 2022. Online shopping scams were the second most-reported form of fraud.
EBay to stop taking American Express cards after fee dispute
The two firms have been embroiled in negotiations about the merchant discount rates—also known as interchange fees—charged by Amex at the point of sale. The fees have long been a headache for merchants.
Online retailer Shein latest to face strict European Union digital regulations
Founded in China but now headquartered in Singapore, low-cost online retailer Shein has major distribution operations in Indiana.
Lawmakers unveil sprawling plan to expand online privacy protections
The sweeping bipartisan proposal would for the first time give consumers broad rights to control how tech companies like Google, Meta and TikTok use their personal data, a major breakthrough in the decades-long fight to adopt national online privacy protections.
Lilly launches online service that offers home delivery of weight-loss, diabetes, migraine drugs
Among the medications listed as available through LillyDirect Pharmacy Services is Zepbound, the company’s popular new weight loss treatment, which is projected to exceed $2 billion in sales in 2024.