Revolve, a leader in fashion e-commerce, is now investing in physical stores, starting with Aspen. This move responds to changing consumer behaviors and aims to revitalize growth. Investors are watching closely as the company shifts to a hybrid model.

UPS has seen a major volume increase, driven by Shein and Temu, with each providing 900K packages daily in July 2023. While this has helped carriers recover from a slump, it also brings profitability challenges as carriers offer low rates.

Walmart unveiled three major additions at its 2024 Seller Summit. These include Premium Beauty with 20+ brands, a new pre-owned marketplace with 5M items, and a collectibles category with 0% commission fees until Oct. 31.

Revenew, a fintech startup by Checkout.com alumni, raised $4.5M led by Fika Ventures. The funding will enhance its tools for managing payments and improving profitability for digital platforms like Uber and Airbnb, boosting their growth.

The Rounds, known for sustainable delivery in reusable packaging, secured $24M in Series B. The funding will support product development, hiring, and expanding to new U.S. markets. It added features like flexible delivery and one-time purchases.

DoorDash now offers an in-app appeal process for deactivated gig workers. The new feature allows workers to appeal directly via the Dasher app with real-time status updates. The goal is to resolve cases within a few days, addressing concerns about fairness and income disruption.

Grubhub has expanded its Campus Dining to over 360 schools, reaching 500K new students. The company now serves 4.5M students. With the addition of delivery robots and Just Walk Out technology, the service is growing faster than ever.

Instacart unveiled new money-saving features, including fee-free next-day deliveries for orders over $10 and personalized digital circulars highlighting discounted items. These initiatives aim to make online grocery shopping more affordable.

ThredUp has quietly introduced a peer-to-peer marketplace, similar to Poshmark, with no seller fees during its beta phase. The move comes as ThredUp seeks profitability after reporting a $71M loss in 2023 and exiting the European market.

Walmart is discontinuing DroneUp deliveries in Phoenix, Salt Lake City, and Tampa due to unsustainable costs. The company will shut down 18 hubs, affecting 70 jobs, and will now focus on Dallas-Fort Worth operations.

Walmart has sold its 9.4% stake in JD.com to focus on its own operations in China. The move comes as Walmart experiences 8.3% international sales growth, partly driven by China. Competition with Alibaba and Pinduoduo in low-cost goods is intensifying.

eBay has changed its purchase cancellation policy, enabling buyers to cancel orders until the item is marked as shipped, effective August 28, 2024. This adjustment, tested with minimal impact on abandonment rates, has led to a 25% boost in customer satisfaction, helping to maintain trust between buyers and sellers.

Amazon is experimenting with removing star ratings from its search results page. This test affects only a few products and requires consumers to visit the product page to see ratings. The change may impact how customers shop and interact with the site.

Photon Health, founded in 2021, is challenging the $700B U.S. prescription drug industry. The startup allows patients to shop for prescriptions like they shop online. With over 70K monthly prescriptions, they've raised $16M to take on industry giants.

StockX co-founder Josh Luber has launched Ghostwrite, a toy company focused on limited edition collectibles. Backed by notable investors like Michael Rubin and Mark Wahlberg, the company aims to replicate the success seen in sneakers and trading cards.

Flexport and Passport team up to provide a streamlined DDP option for North American brands shipping globally. This new partnership enhances the global reach of Flexport's clients, enabling them to sell in 180+ countries.

Trove, a leader in branded resale, has acquired Recurate, significantly expanding its market presence. The acquisition brings 29 new brands into Trove's portfolio, increasing its control to 75% of U.S. branded resale traffic, with plans for global expansion.

The FTC has finalized a rule prohibiting fake reviews, including those generated by AI. The rule, effective 60 days after its Federal Register publication, targets deceptive practices like fake endorsements, AI-made reviews, and review censorship. Violations could result in fines up to $51,744 per incident.

Instacart and Partnership for a Healthier America expand their grocery stipends program to Chicago, New Orleans, and Wichita, reaching 1,050 new families. By 2025, they aim to provide 10M servings of produce through the initiative.

DoorDash’s DashPass now includes Max streaming at no extra cost. The membership offers a Max With Ads subscription and an upgrade option for a discounted ad-free version at $10.99 per month. This marks DashPass's first benefit outside DoorDash.

Once valued at $12B, Getir now faces nearly $4M in unpaid rent and lease obligations in NYC. The Turkish grocery app, which bought FreshDirect in 2023, is dealing with multiple lawsuits, with some landlords demanding over $1M in back rent.

Chantecaille, a New York-based beauty brand acquired by Beiersdorf in 2022, expands its reach in China by partnering with Tmall. The move includes a flagship store and immersive pop-up experience in Shanghai, enhancing its market presence.

Walmart exceeded Wall Street's expectations with a nearly 5% revenue growth in Q2 2024, leading to a 6% stock increase. The retailer raised its full-year outlook but warned of a potentially weaker second half due to economic uncertainties.

Bloomingdale's teams up with Rebag to launch a luxury resale section both online and in five U.S. stores. Rebag will offer 2,500+ designer items on Bloomingdales.com and 500+ in-store, blending new and pre-owned luxury for discerning shoppers.

Amazon Warehouse has rebranded as Amazon Resale, offering used and pre-owned items with average discounts of over 25%. The platform also supports sustainability, having helped donate over 160M items in 2023 alone, extending product lifecycles.

eBay launched a major search redesign to enhance the shopping experience. The new design includes larger images, intuitive navigation, and AI-driven features. This update focuses on visual categories like Clothing and Toys, improving both buyer and seller experiences.

A new report reveals Etsy profits from at least 44 stores in illegal Israeli settlements. The report highlights stores in Ariel and Maale Adumim, emphasizing Etsy's complicity in alleged war crimes. Etsy could face legal challenges for violating anti-money laundering laws, especially in Ireland. Human rights organizations demand immediate action from Etsy, accusing it of aiding in the apartheid system against Palestinians.

A U.S. judge declared Google a monopolist, stating it violated antitrust laws by securing exclusive deals to dominate search. This ruling could reshape how users access information and impact Google's business strategies.

Stripe launches Adaptive Pricing, enabling merchants in 50+ countries to offer local currency options, boosting cross-border revenue by 17.8%. With 90% of shoppers preferring to check out in their local currency, businesses can increase global sales.

GrubMarket, a grocery logistics giant worth $3.5B, has acquired Good Eggs in an all-stock deal, valuing the struggling startup slightly above its previous $22M valuation. Keith Brewer from GrubMarket will lead Good Eggs, which had a $365M valuation in 2020.

Walmart captured 37% of U.S. online grocery sales in Q2 2024, up from 28.2% in Q2 2021. In contrast, supermarket sales dropped to 27.3%. Walmart's omnichannel strategy and low prices attracted more shoppers, shifting the market dynamics.

Instacart's Q2 earnings surged by 15%, hitting $823M, driven by increased grocery orders. The company is forecasting up to $8.25B in Q3 sales. CEO Fidji Simo emphasizes strategic long-term investments and rising demand from CPG companies.

Grubhub launches a new in-app digital wallet to show available credits, potentially boosting average order sizes. The move comes as inflation drives more consumers to pick up orders rather than opt for delivery, signaling economic pressures.

Grubhub introduces new app features, including priority delivery for $2.49, personalized recommendations, and live tracking on iOS devices. These updates aim to enhance user experience and increase order frequency.

Poshmark reported a 41% increase in searches for BHLDN wedding dresses and a 12% rise in wedding dress searches overall. Brides and wedding guests are opting for secondhand options to cut costs. Poshmark allows them to buy designer dresses at a fraction of the cost, with some saving over 50% off retail prices. The trend is also helping brides recoup value from their dresses, with sellers like Victoria listing items like a Carolina Herrera mini dress and Jimmy Choo pumps.

eBay's Q2 2024 saw a 12% growth in first-party ad revenue, driven by 1 billion promoted listings. eBay revamped its ad platform, simplifying ad creation and offering new tools like Promoted Offsite, helping sellers tap into broader audiences.

Amazon's new partnership with TikTok introduces shoppable ads within the TikTok app. Users can now link their Amazon and TikTok accounts to buy products directly from Amazon without leaving the TikTok platform, streamlining the shopping experience.

Stripe has acquired Lemon Squeezy, a four-year-old payment processing startup. Lemon Squeezy specializes in calculating and paying global sales tax for digital products. Stripe's CEO Patrick Collison announced the acquisition on X. Terms of the deal were not disclosed.

Etsy is set to launch a paid membership program called Etsy Insider in September. This program will offer perks like free shipping and exclusive discounts to boost customer loyalty amidst competition and declining sales.

Wayfair is opening an outlet store in Naperville, IL, this fall. The store will sell returned and discounted items. It joins Wayfair's first physical store in Wilmette and Joss & Main in Oakbrook. The Naperville outlet is the fifth Wayfair outlet in the U.S.

Albertsons and Instacart expand their partnership to offer nationwide pickup and 30-minute delivery through Albertsons Rapid. The service is available across Albertsons' banner stores. Same-day delivery for Haggen Food & Pharmacy in Washington is also introduced. By August, more than 2,000 locations will support pickup for Instacart orders.

Grubhub added features to its app to improve the consumer experience, including customized offer carousels, a centralized wallet, order suggestions at checkout, and a $2.49 priority delivery option.

Walmart's drone delivery service cleared a major hurdle as the FAA approved flights without visual observers in Dallas. The retailer, partnering with Zipline and Wing, aims to cover 75% of the Dallas-Fort Worth area by the end of the year.

In a significant ruling, the U.S. Consumer Product Safety Commission determined Amazon responsible for 400K faulty products sold by third-party merchants. The decision, following a lawsuit from 2021, mandates Amazon to notify and incentivize customers to return or destroy these products.

Pitney Bowes sold its e-commerce fulfillment services to Stord. The deal, confirmed Friday, followed a memo to Pitney Bowes staff. The company is still reviewing its Global E-commerce business, pressured by Hestia Capital Management.

ShipBob plans to launch an IPO in late 2024, targeting a $4B valuation. J.P. Morgan Chase and Citigroup will lead the IPO. ShipBob operates over 50 fulfillment centers globally and recently added Adam DeWitt to its board.

Etsy will now allow AI-generated art on its platform, but sellers must disclose their use of AI tools and cannot sell AI prompts separately from the artwork. This policy aims to balance supporting artists and maintaining Etsy's handmade ethos.

DoorDash has hired Parisa Sadrzadeh, a former Amazon exec, to expand delivery services to include merchandise from major retailers like Target and Best Buy. This move aims to boost their sales and diversify their delivery options.

Sam’s Club launched display ads in its app’s Scan & Go feature to connect digital media with in-store shopping. Ads will appear on the cart page, helping track member behavior and ad performance. The tool will roll out to all members soon.

Reshop partners with Alo Yoga and Steve Madden to provide instant refunds, backed by Afterpay co-founders and major investors. This collaboration aims to improve customer experience by eliminating refund wait times and offering immediate refunds.