E-commerce
Costco Acquires National Final-Mile Delivery Company Innovel Solutions for $1B
The deal will allow the Issaquah-based retail giant to expand its e-commerce business at a faster clip, Costcos CEO says
Costco Wholesale Corp. has acquired a national logistics company, Innovel Solutions, for $1 billion, expanding the retailers e-commerce-delivery muscle as demand for those services continues to expand during the coronavirus era. Innovel, prior to the sale to Issaquah-based Costco, operated as a subsidiary of Illinois-based Transform Heldco LLC, which operates Sears and Kmart stores. Costco…
Retailer Macys Has Announced Hundreds of Job Cuts in Seattle This Year
The companys woes are not isolated to Seattle, however, as shifting consumer shopping habits are taking a bite out of its operations nationally
A total of 236 jobs will be lost as part of the pending closure of Macys landmark downtown department store slated for early next year, according notices the company filed this week with the state under the federal WARN Act. The retailers department store at Third Avenue and Pine Street in downtown Seattle is scheduled…
Amazon Bulks Up Its Air Force as It Expands One-Day Delivery
The e-commerce behemoth expects to have a fleet of 70 aircraft by 2021
Amazon is partnering with GE Capital Aviation Services to lease another 15 Boeing 737-800 cargo aircraft by 2021 as part of its continuing efforts to expand its fast, free shipping to customers, including its Prime Free One-Day delivery program. The additional aircraft will add to the five Boeing jets already leased through GE Capital Aviation,…
Bellevue-based E-Commerce Firm OfferUp Teams Up With Goodwill
The tech company's online marketplace will feature second-hand goods for sale from 100 Goodwill stores nationwide
If you enjoy bargain hunting online, then Bellevue-based OfferUp has a thrifty new option for you. The tech company, which operates a mobile marketplace targeting local buyers and sellers in the U.S., has teamed up with 100 nonprofit Goodwill stores in seven states to feature their extensive inventory of donated items to millions of customers…