KHD Buzz – Amazon Wants to Be ‘the New USPS’, the Rise of BNPL Options and More
Amazon Offering Shipping Services to Outside Companies to Compete with FedEx and UPS
Amazon is on a spending binge to expand its shipping business, and it isn’t satisfied with just delivering things purchased on its own website. In its newest drive to directly compete with FedEx and UPS, the organization is now transporting freight for outside consumers. According to one expert, they are attempting to become the “new USPS.” Read More
Chewy Stock Falls on Disappointing Earnings Report
Once considered unbeatable in the pet supplies niche, Chewy’s stock fell in extended trading last week after the online pet retailer’s second-quarter earnings and third-quarter projections missed Wall Street’s expectations. Nonetheless, revenue increased over 27% year over year to $2.16 billion in the second quarter, according to the company. Read More
Report: Offering BNPL Options Could Be Key for Small Retail Growth
According to a new report from payment experts PYMTS, one of the keys to success for small retailers in a post pandemic world is offering buy now, pay later programs to consumers whose credit has been damaged by pandemic related difficulties. Read More.
Dollar Store Chains Lead the Pack in New Store Openings in 2021
Dollar store retailers are ahead of the pack when it comes to store expansion.
Dollar store (or extreme value) chains such as Dollar General, Dollar Tree, and Family Dollar have announced intentions to open a total of 1,626 new locations this year, according to a new report from Coresight Research. Read More