Amazon blocked 10 billion listings in counterfeit crackdown
The e-commerce giant said Monday that it blocked more than 10 billion suspected phony listings last year before any of their offerings could be sold.
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Indianapolis-based Bastian Solutions on 400-employee hiring spree
Bastian Solutions, which makes conveyor systems, robotics and other automated materials-handling items often used by the retail industry, has seen growth accelerate because of the pandemic.
Godiva to close all North American stores, including Fashion Mall location
Godiva said the pandemic caused customer traffic to decline at its brick-and-mortar stores, though it will continue to sell its products both online and through third-party retail stores.
Family Video chain closing all locations, including three in Indianapolis market
The Illinois-based video rental chain, which opened its first store in 1978, outlasted competitors Blockbuster, Movie Gallery and Hollywood Video, but said it could not withstand the disruptions caused by COVID-19.
Holiday sales tick up as shoppers invest in their homes
The increase fell short of predictions from the National Retail Federation, the nation’s largest retail trade group, which had expected sales to rise between 3.6% and 5.2% this year compared with 2019.
Indianapolis Art Center launches online marketplace to help counter COVID
The marketplace it says is open to all artists, regardless of their affiliation with the center or where their wares are displayed.
Black Friday, Cyber Monday sales disappoint amid uncertain economic recovery
Fewer Americans shopped during Black Friday weekend, and those who did spent less than they did a year ago. It’s the latest example of how the pandemic has upended consumer habits and created new challenges for retailers.
Left for dead twice, RadioShack getting another shot online
The big question: How much value does the RadioShack brand have when the prized target audience of younger consumers might have never owned a radio, let alone stepped inside a RadioShack store?
Online shopping surge could lead to holiday delivery delays
U.S. online holiday sales are expected to shatter previous records. Adobe Analytics, which measures sales at 80 of the top 100 U.S. online retailers, predicts a total of $189 billion in online holiday sales, a 33% increase compared to last year.
Savvy strategy, some luck propel online boutique to big success
Magnolia Boutique—known for its bohemian style built around casual, trendy clothing, shoes and accessories—is an online-only business on track to hit $10.5 million in sales this year, up from $7.9 million in 2019.
Google tries to turn YouTube into major shopping destination
Every toy, gadget and good you see on YouTube could soon be for sale online—not on Amazon, but right on YouTube itself.
Ecommerce startup TruLocal preparing to launch in Indianapolis
The San Francisco-based company plans to offer local retailers an online platform where they can reach customers and sell their products.
Walmart ready to launch its answer to Amazon Prime
Called Walmart+, it will cost $98 a year, or $12.95 a month, and give members same-day delivery on 160,000 items and other benefits.
What does Walmart see in TikTok? Millions of young shoppers
Walmart could make TikTok into an extension of its sales machine, helping advertisers, creators and others sell products.
Customers used to have nearly endless options. Then came COVID-19.
Offering less inventory—a practice that goes against years of steadily expanded assortments of sizes and styles—is in many cases a necessity, not a choice. Even before the pandemic, supply chains were shifting due to the tariff war between the U.S. and China. Now, the global pandemic adds another layer of complexity as new manufacturing centers such as Bangladesh and parts of Central America become virus hot spots as well.
COVID-19 pushes small retailers toward e-commerce
Pedcor Cos. is promoting an e-commerce web site for its Carmel City Center retail tenants, some of whom had sold little or no merchandise online until COVID-19 came along.
Amazon to hire 100,000 in U.S., raise pay by $2 per hour to keep up with demand
Raises will go to workers at Amazon’s warehouses, delivery centers and Whole Foods grocery stores, all of whom make at least $15 an hour.
Merry Clickmas: Black Friday online sales hit record $7.4B
In-store sales slipped, but sales by people who bought things online and then headed to the store to pick them up surged 43.2% on Black Friday, according to Adobe Analytics.
EBay selling StubHub to Viagogo for $4.05 billion
StubHub is the largest resale ticket marketplace in the U.S., with about $1.1 billion in net transaction revenue in 2018, according to EBay filings.
Startup sees big potential in Amazon-like site for orthodontists
Indianapolis orthodontist Jeff Biggs has been putting smiles on people’s faces for two decades. Now he’s hoping to put smiles on the faces of orthodontists themselves with a new one-stop online marketplace to launch early next month.