The newly unveiled Walmart Restored Premium is an enhancement of the existing Walmart Restored program, offering high-quality refurbished items to customers. Apart from offering customers “like-new” items at affordable prices, Restored Premium presents a considerable opportunity for Walmart’s Marketplace sellers.
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In a significant move, online-only retailer Overstock has officially rebranded as Bed Bath & Beyond, following its recent purchase of Bed Bath & Beyond’s intellectual property. This merger marks a transformational moment, consolidating both companies into a single online shopping destination under the renowned Bed Bath & Beyond name. While Overstock’s acquisition did not include physical stores, the newly formed Bed Bath & Beyond remains an online-only retailer.
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Shopify introduced its app Shop in 2020, which enables buyers to track their packages purchased on Shopify stores and allows consumers to view product recommendations. Some experts viewed the app as Shopify’s attempt to create a marketplace. Recently, Shopify introduced a new feature for the Shop that might be the next step in this attempt.
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Etsy announced important updates to listing images based on buyer experiments (data collected in June-July 2023). Starting in early August, your listing images in the Shop Home will require a square format. This change aligns with the photo style used on other parts of the site, like market pages.
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Walmart Open Call 2023 is happening on October 24 and 25, offering pitch meetings and breakout sessions. Priority consideration will be given to Walmart Marketplace sellers. If you sell products made, grown, or assembled in the U.S., apply now for a chance to present them to Walmart merchants and potentially have them sold in Walmart stores and Sam’s Clubs. Space is limited, so act quickly to be among the first applicants considered for a product pitch meeting.
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Shopify has announced the upcoming release of Sidekick AI, an assistant designed to support online retail businesses. Sidekick acts as a knowledgeable partner, assisting with tasks, answering queries, and providing customized insights.
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Contract negotiations between UPS and the Teamsters union have recently stalled, raising the possibility of a UPS strike in early August. If such a strike takes place, it will disrupt package deliveries nationwide.
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Walmart Canada has launched Delivery Pass, a new subscription program offering Canadian shoppers unlimited, free next-day delivery on over 65,000 items, including groceries and general merchandise. Priced at $8.97 per month or $89 annually, the program is currently available in Ottawa and will soon expand to Toronto, Montreal, and Vancouver before rolling out across Canada.
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Etsy now allows shops to opt-in and include weekends in their processing days, providing a more accurate estimate of delivery dates for buyers. Sellers have the flexibility to choose either Saturday, Sunday, or both as processing days. It’s important to note that sellers must manually update their settings for the changes to take effect.
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