
Marketplaces

How can small and midsized merchants succeed in an Amazon.com-first world? Wow, I get this question a lot! With Amazon Prime Day having passed and the retail giant putting almost $3 billion in sales on the board, this is definitely a hot topic and one I don’t see going away anytime soon. The answer to…
Amazon.com sellers owing an estimated $2 billion in uncollected sales taxes are being offered a chance to waive those charges. CNBC reports 13 states have come together to announce a new sales tax amnesty program for online merchants who sell on Amazon and other online sites. Starting August 17, sellers with potential tax liability can…
Sears has fallen on hard times in part because e-commerce has taken market share from the department store chain, but now the company is looking to use the growth in online shopping to its advantage. Sears announced last week that it will begin selling Alexa-enabled Kenmore appliances on Amazon.com. Sears CEO Eddie Lampert was hopeful…
Wal-Mart is receiving major backlash for publishing an ad on its website that included a racial slur. Monday’s ad featured a wig cap for sale in which the color was described as "n----r brown." Wal-Mart has since removed the ad and told the Huffington Post that…
As noted in last week's issue of Total Retail Executive, Total Retail recently released its latest research report, The Amazon Effect: How Retailers Are Adapting Their Businesses to Better Compete With the Industry Leader. The report analyzes the impact Amazon's growing influence is having on the retail industry, and what retailers are doing as a result,…
In this episode of Retail Right Now, Total Retail's Senior Editor Caitlin Sullivan reviews the top retail news of the week, including why 35 million members quit Amazon Prime, Nike's marketplace strategy, and Bed Bath & Beyond's possible store closures.
Nike Inc. is starting to sell its shoes directly though a brand-registered program on Amazon.com. The program is designed to keep counterfeit Nike goods off the online marketplace. This move could help Nike clean up and better control the inventory that shows up on Amazon through third-party sellers, Goldman Sachs’ Lindsay Drucker Mann told Bloomberg.…
Etsy announced that it's suspending brand marketing following another round of layoffs. Reports say the e-commerce marketplace has laid off 22 percent of its workforce since December 2016. John Silverman, Etsy's new CEO, commented, "My conviction that Etsy has a unique opportunity within the e-commerce space has intensified during my initial weeks as CEO. Our vibrant community,…
This week, Ikea announced it's going to test selling products on websites other than its own. Reports say the move means Ikea's customer may soon be able to buy its flat-pack furniture and other home furnishings through the likes of Amazon.com or Alibaba. Torbjorn Loof, group chief executive for Ikea, said the plan is to…
Amazon.com has doled out more than $1 billion in small loans in the past year to help third-party sellers grow their businesses. Sellers have used the money to expand their inventory or discount items on Amazon, Peeyush Nahar, vice president for Amazon Marketplace, told CNBC. More than 20,000 small businesses have received a loan from Amazon,…