Online retail giant Amazon is stopping sellers from sending non-essential items to its UK and US warehouses until 5 April, to make space for vital items needed by its customers during the coronavirus outbreak. Amazon wrote to its third-party sellers, some of whom use the company’s logistics to store and …
Read More »Is the “unsustainable” US Postal Service doomed to be Amazon’s next victim in the e-commerce economy?
As far back as 2016, diginomica was deeply skeptical about the ‘King Canute’ like comments of Fedex founder and CEO Fred Smith about the disruptive impact of e-commerce – and particularly Amazon – on his business: The concerns about industry disruption continue to be fuelled by fantastical – and let …
Read More »Fraudsters hijack eBay parcels in a postcode lottery | Money
Anastasios Siampos was suspicious after selling an iPhone for £275 on eBay. The buyer claimed it was defective and, though Siampos contested this, eBay instructed the buyer to return it using Royal Mail’s 48-hour tracked delivery service. Two days later eBay refunded the buyer, insisting that Royal Mail’s tracker showed …
Read More »Amazon cozies up to postal operators, Cargo Facts Consulting finds
Amazon has inked major agreements with at least 12 postal operators globally to fulfill its growing shipping demands, finds a new report this week from Cargo Facts Consulting. E-commerce traffic has been good for volume and revenue growth in parcel business units for the world’s largest postal companies. Likewise, when …
Read More »UK retailers expect overseas demand spike this summer, says Royal Mail
This summer, 66% of SME retailers in the United Kingdom expect an increase in sales, and 39% expect to see an increase in overseas sales, according to a June report from the U.K.’s Royal Mail postal service. The retailers surveyed reported that increased demand for summer goods will push the anticipated spike, thanks to warmer weather and vacation season. …
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