Retail News Brief

  • Amazon Supply Chain Services (ASCS) Launches

  • Best Buy Beefs Up its Loyalty Rewards Program

  • GameStop Makes Offer To Acquire eBay

  • McDonald’s To Remove Self-Serve Beverage Machines

  • Amazon’s Audible Opens ‘Bookless Bookstore’ in Manhattan


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Retail News Brief

  • Amazon Supply Chain Services (ASCS) Launches

  • Best Buy Beefs Up its Loyalty Rewards Program

  • GameStop Makes Offer To Acquire eBay

  • McDonald’s To Remove Self-Serve Beverage Machines

  • Amazon’s Audible Opens ‘Bookless Bookstore’ in Manhattan


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  • Amazon Supply Chain Services (ASCS) Launches

    Amazon has launched its own supply chain company, Amazon Supply Chain Services, which opens its full portfolio of freight, distribution, fulfillment, and shipping capabilities to any and all businesses. “With the launch of ASCS, we’re confident we can give any other business access to the same cost efficiency, reliability, and speed that we’ve built for Amazon customers,” said VP of ASCS Peter Larsen (more).

  • Best Buy Beefs Up its Loyalty Rewards Program

    Best Buy beefed up the rewards attached to the upper two tiers of its loyalty program. My Best Buy Plus ($29.99 yearly) and My Best Buy Total ($199.99 annually) members now receive 1% back in rewards on each eligible purchase, and a more substantial 6% back if they use their My Best Buy credit card (more).

  • GameStop Makes Offer To Acquire eBay

    GameStop made an unsolicited, non-binding offer to acquire eBay for $125 per share in a half-cash, half-stock deal which would place eBay at a valuation of about $55.5 billion. That figure is well above the current $46 billion valuation of the platform (more).

  • McDonald’s To Remove Self-Serve Beverage Machines

    McDonald’s will be removing self-serve beverage machines in its dining areas in favor of having staff members provide drinks through drive-thru windows, or over the counter, following orders. The news comes as many fast-food chains are placing more emphasis on delivery, drive-thru, and takeout service as the habit of dining in declines (more).

  • Amazon’s Audible Opens ‘Bookless Bookstore’ in Manhattan

    Amazon’s Audible, responsible for its vast array of audiobooks, has opened an experiential “bookless bookstore” on the Bowery in downtown Manhattan. “We developed Audible Story House by asking a simple question: what does a bookstore look like without any books,” said James Finn, Audible’s global head of brand and content marketing (more).

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