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E-retailer offers fulfillment services
Newegg is adding supply chain support to its portfolio. The electronics-focused e-retailer launched Newegg Logistics, the company’s branded logistics solution designed to help e-commerce sellers streamline order fulfillment, shipment and returns. Based on the many years it spent refining its own e-commerce logistics operations, Newegg’s service will help other businesses break into online sales. -
Staples has mixed Q1
Staples reported mixed results for its first quarter as earnings came in line with expectations but its revenue fell short. The office supplies retailer reported adjusted earnings of 17 cents a share, in line with Wall Street forecasts. Total sales fell 5% to $4.1 billion, short of analysts’ expectations. Total company same-store sales fell 3%, beating estimates.

