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eCommerce

  • Report: Amazon expands logistics reach

    Amazon.com's China division has registered as an ocean freight forwarder, which will give the e-commerce giant more control over shipping products from Chinese factories to U.S. shoppers, according to Reuters.

    Read more by clicking here.

  • Sticker shock: E-commerce fulfillment costs rising

    Recent rate increases for shipping services by UPS and FedEx and the pending Jan. 17 rate increase for U.S. Postal Service (USPS) shipping services, are challenging businesses -- especially small retailers and e-retailers -- to look for new and innovative solutions to optimize their shipping operations, according to Pitney Bowes.

    Here is an update from Pitney Bowes on the latest increase by each major carrier:

    UPS
    • On December 28, 2015, the rates for UPS Ground services increased an average net 4.9%.

  • Northgate González Markets purchases property for store relocation

    Newport Beach, Calif. -- X Team International announced that partner Strategic Retail Advisors negotiated the purchase of a 104,423-sq.-ft. property at La Habra Towne Centre located in La Habra, California, on behalf of Northgate Gonzalez Markets.

    La Habra Town Centre is situated on 9.2 acres and is currently home to CVS, Petco and Jack in the Box. Nelson Wheeler and Blaine Bush of SRA represented Northgate Gonzalez Markets. Jones Lang LaSalle represented the seller.

  • Wayfair enters the flooring business

    Home Depot, Lowe’s and Lumber Liquidators have a new online competitor to cope with after Wayfair.com announced ambitious plans to sell and install flooring.

    Wayfair Inc. is launching a feature called the One-Stop Flooring Shop, designed to offer customers a single destination for managing and completing home flooring projects. One-Stop Flooring Shop includes a broad assortment flooring materials and tiles. In addition, the service provides access to a dedicated flooring concierge team and a national network of pre-screened contractors.

  • Amazon in first move to take on FedEx, UPS?

    Amazon is on track to acquire the 75% of the French package-delivery company Colis Privé that it doesn’t already own during the first quartet, according to the Seattle Times. Some analysts believe it’s only the beginning of a move by the Internet giant to eventually launch a package-delivery service that will one day compete with UPS, FedEx and others. [Seattle Times]

  • The Oaks of Oak Brook in Illinois sells for $18.25 million

    Oak Brook, Ill. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of The Oaks of Oak Brook in Oak Brook, Illinois. Newport Capital Partners acquired the 67,143-sq. ft. property on behalf of Newport Fund II for $18.25 million.

    The Oaks of Oak Brook is located at the northwest corner of Kingery Highway (Illinois Route 83) and 16th Street. The center features a tenant lineup including: Panera Bread, Athletico, Wells Fargo and Sleepy’s.

  • Costco stuns shoppers with 4K marketing solution

    Costco hopes to sell more high-definition televisions and merchandise in clubs after going live with its revamped Costco TV Network.

    The warehouse club leader deployed 4K technology to its existing in-warehouse TV network in a move designed to boost sales of televisions and help brands who use the network’s promotional capabilities better connect with shoppers. Powered by PRN, a division of Stratacache and longtime Costco partner, the TV network is in all 487 of the retailer’s U.S. clubs.

  • Toys ‘R’ Us raises more than $5.8 million for tots

    Toys “R” Us says its annual nationwide fundraising campaign to benefit the Marine Toys for Tots Foundation raised more than $5.8 million and collected over 200,000 toys.

    During the 2015 campaign, customers helped bring holiday joy to some of the 15.5 million kids in need across the U.S. by donating new, unwrapped toys at Toys “R” Us and Babies “R” Us stores nationwide and through monetary contributions made in stores and online at Toysrus.com/ToysforTots.

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