The U.S. Postal Service said it would accept parcels from China and Hong Kong again after a temporary suspension of shipping low-value packages duty-free to the United States.
Read More US Postal Service ends China parcel suspension, works to reduce disruption
Online spending rose nearly 9% during the 2024 holiday season, with shoppers mainly using their smartphones to buy products ranging from TVs to LEGO sets.
Read More US online holiday sales rise nearly 9% on mobile shopping boom, report shows
Department store chain Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for $4 billion in an all-cash deal, going private at a time when high-end retailers are struggling with slower consumer demand.
Read More Nordstrom Goes Private In New Deal, Acquired By Nordstrom Family And Mexican Retail Group
Walmart, Amazon and fast-growing e-commerce sites Shein and Temu saw record-breaking sales on Black Friday and Cyber Monday.
Read More Walmart, Amazon holiday spending rise as Target, Best Buy stumble, data shows
Amazon is developing smart eyeglasses for its delivery drivers to smooth the final stretch of an order’s journey to a customer’s home.
Read More Amazon developing driver eyeglasses to shave seconds off deliveries, sources say
Amazon.com is imposing severe price caps on what merchants can charge for their products on a new low-cost storefront that the e-commerce giant is preparing to launch.
Read More Amazon sets ultra-low pricing plans for Temu rival store, The Information reports