The Scurri eCommerce weekly top 3
Each week we gather the top three ecommerce news items of the week. Here’s what stood out for us this week!
Ebay is poised to further ramp up its rivalry with Amazon after announcing plans to launch a warehousing and shipping service to its sellers. Today the online marketplace said that starting next year, it will offer its sellers the option to rent warehouse space and store inventory closer to customers, leading to shorter delivery times. Ebay has already begun testing the “Managed Delivery” service in the Germany and the US, where Ebay customer send around 1.5 million packages every day. Read the full article here.
By 2025, the company pledges that all of the cotton, linen, and polyester used across the company will be either organic, sustainable, or recycled. Inditex, Zara’s parent company, also pledges to invest in developing new recycling technologies. The company already collaborates with MIT on a $4 million project that researches new ways to recover fibers from old garments using clean energy. The Inditex group includes Massimo Dutti and Pull&Bear has 7,490 stores in 96 markets around the world, and it employs 174,000 people from 154 different nationalities. Making each part of the business more sustainable could add up to massive decreases in carbon and plastic pollution. Read the full article here.
Amazon’s revenue has risen in the last three months as chief executive Jeff Bezos hailed the success of its Prime scheme, despite profits missing forecasts.
The online retail giant said its net sales for the second quarter ending June 30 were $63.4 billion (£50.9 billion), up 20 per cent from the $52.9 billion (£42.5 billion) reported this time last year. Amazon recently announced it was going to hire 2000 new roles in the UK throughout this year, taking its employee numbers to 29,500.
However, Amazon is likely to face scrutiny after the US government announced it would undertake an antitrust investigation into some of the tech industry’s largest firms. Read the full article here.