Home shopping network pioneer QVC files for bankruptcy protection
Shares in QVC Group, which went for over $900 a decade ago, were trading for less than $3 earlier this week.
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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Amazon offering 1-hour and 3-hour deliveries for customers willing to pay extra
The e-commerce colossus said customers in more than 2,000 cities, towns and suburban areas can now choose to have orders from its inventory of 90,000 items delivered in three hours.
Retail sales fell modestly in January as American consumers pulled back on spending
Economists also believe that severe winter weather throughout most of the country also hurt sales as shoppers were unable to go to physical stores. In fact, online retailers enjoyed a 1.9% sales increase in January.
Shein faces EU investigation over illegal products, addictive design features
The 27-nation bloc’s executive arm said Tuesday that it opened a formal investigation into the online retailer, which has major distribution operations in central Indiana.
Trump administration to launch TrumpRx website for discounted drugs
The president first teased TrumpRx in September while announcing the first of his more than 15 deals with pharmaceutical companies, including Indianapolis-based Eli Lilly and Co., to lower drug prices.
Walmart joins $1T club as tech, frugal shoppers fuel gains
Recent investments in artificial intelligence have helped supercharge the stock’s advance.
Q&A: Love of adventure fuels Brittany Smith both on and off the job
As the senior director of community engagement at Yelp Inc., a website that helps users connect with local businesses, Smith oversees activities in the 100 or so U.S. and Canadian cities where Yelp has a presence.
Google teams up with Walmart and other retailers to enable shopping within Gemini AI chatbot
Google, OpenAI and Amazon all are racing to create tools that would allow for seamless AI-powered shopping by taking chatbot users from browsing to buying within the same program instead of having to go to a retailer’s website.
Christmas is over, but retailers will remain busy—with returns
The month after Christmas has been dubbed “Returnuary” for good reason. The National Retail Federation estimates 17% of holiday purchases will be sent back this year.
Fast shipping is increasing emissions. Here’s why delivery has become more polluting.
Companies like Amazon, which provides same-day or overnight shipping in many cases, are changing their delivery vehicles and processes to minimize environmental impact.
Instacart ends a program where users could see different prices for the same item at the same store
A recent report by consumer advocacy agencies said Instacart offered nearly three out of every four grocery items to shoppers at multiple prices as part of an experiment.
Shoppers spend billions online on Black Friday, despite wider economic uncertainty
Consumers have turned to online deals to make post-Thanksgiving purchases from the comfort of their own homes—or opt to stretch out spending across longer promotions now offered by retailers.
Ford taps Amazon to let shoppers buy its used cars online
Ford joins Hyundai on the Amazon Autos portal, which allows car buyers to browse, finance and purchase a used car by clicking on the familiar “add to cart” icon.
Amazon launches new AI shopping tool for US users
Initially, the Help Me Decide tool will be available to “millions” of U.S. consumers picked randomly, suggesting a limited test to see how it performs and whether shoppers use it.
OpenAI partners with Walmart to let users buy products in ChatGPT, furthering chatbot shopping push
The retailer’s products will be available through instant checkout in ChatGPT—allowing users to buy anything from meal ingredients or household items, to other goods they might be discussing with the chatbot.
Tariff exemption for small orders set to end in big deal for some shoppers, businesses
Proponents of limiting the exemption argue that it has served as a way for China-founded retail platforms like Temu and Shein to flood the U.S. with low-priced goods.
Customers seeking deals give Amazon’s Prime Day, competing sales a solid start
Adobe Digital Insights, which tracks visits to e-commerce sites, reported that U.S. consumers spent $7.9 billion at online stores on Tuesday, a 9.9% increase from the comparable day last year.
Temu sales plunge 25% in United States, but rival Shein sees growth
Temu’s sales decline in the U.S. is deepening as the online marketplace drastically cuts spending on advertising targeting American consumers, signaling a shift in focus after President Donald Trump’s tariff barrage.
Nike to start selling products directly on Amazon again
Nike, which sells footwear, clothing and other items, cut ties with Amazon in 2019, at a time when the online retailer was trying to lure big brands to its website.
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.