Skip to content
Search AI Powered

Latest Stories

newsworthy

Best Buy renews holiday free shipping offer

Consumer electronics retailer woos online shoppers.

Electronics retailer Best Buy Co. Inc. will repeat its policy of offering free shipping for all online orders during the holiday peak sales season, ratcheting up the ruthless competition for consumers' online shopping dollars.

Between Oct. 23 and Dec. 24, Minneapolis-based Best Buy will waive its usual $35 threshold needed for orders to qualify for free shipping. That means the offer will end about a week earlier than last year's policy, although many items in the consumer electronics retailer's catalog of televisions, laptops, and smartphones will qualify for the minimum order threshold anyway.


Under the 2016 holiday shipping strategy, Best Buy calls the policy "Free shipping on everything, all season long" but notes that the offer does not include: special-order delivery items, some scheduled delivery items, and items listed as "in store only" or "check stores."

Best Buy has been investing in same-day delivery in recent months as it fends off a threat from e-commerce giant Amazon.com. In April, Best Buy announced it would add 11 U.S. markets to its same-day delivery partnership with Deliv, a firm that uses an assortment of drivers to provide last-mile deliveries.

The Latest

More Stories

Platform Science buys telematics business units from Trimble

Platform Science buys telematics business units from Trimble

The venture-backed fleet telematics technology provider Platform Science will acquire a suite of “global transportation telematics business units” from supply chain technology provider Trimble Inc., the firms said Sunday.

Trimble's other core transportation business units — Enterprise, Maps, Vusion and Transporeon — are not included in the proposed transaction and will remain part of Trimble's Transportation & Logistics segment, with a continued focus on priority growth areas following completion of the proposed transaction.

Keep ReadingShow less

Featured

U.S. shoppers embrace second-hand shopping

U.S. shoppers embrace second-hand shopping

Nearly one-third of American consumers have increased their secondhand purchases in the past year, revealing a jump in “recommerce” according to a buyer survey from ShipStation, a provider of web-based shipping and order fulfillment solutions.

The number comes from a survey of 500 U.S. consumers showing that nearly one in four (23%) Americans lack confidence in making purchases over $200 in the next six months. Due to economic uncertainty, savvy shoppers are looking for ways to save money without sacrificing quality or style, the research found.

Keep ReadingShow less
CMA CGM offers awards for top startups

CMA CGM offers awards for top startups

Some of the the most promising startup firms in maritime transport, logistics, and media will soon be named in an international competition launched today by maritime freight carrier CMA CGM.

Entrepreneurs worldwide in those three sectors have until October 15 to apply via CMA CGM’s ZEBOX website. Winners will receive funding, media exposure through CMA Media, tailored support, and collaboration opportunities with the CMA CGM Group on strategic projects.

Keep ReadingShow less
photo-1556740772-1a741367b93e.jpeg

NRF: U.S. is on the cusp of nailing a “soft landing” in inflation fight

With the economy slowing but still growing, and inflation down as the Federal Reserve prepares to lower interest rates, the United States appears to have dodged a recession, according to the National Retail Federation (NRF).

“The U.S. economy is clearly not in a recession nor is it likely to head into a recession in the home stretch of 2024,” NRF Chief Economist Jack Kleinhenz said in a release. “Instead, it appears that the economy is on the cusp of nailing a long-awaited soft landing with a simultaneous cooling of growth and inflation.”

Keep ReadingShow less
xeneta air-freight.jpeg

Air cargo carriers enjoy 24% rise in average spot rates

The global air cargo market’s hot summer of double-digit demand growth continued in August with average spot rates showing their largest year-on-year jump with a 24% increase, according to the latest weekly analysis by Xeneta.

Xeneta cited two reasons to explain the increase. First, Global average air cargo spot rates reached $2.68 per kg in August due to continuing supply and demand imbalance. That came as August's global cargo supply grew at its slowest ratio in 2024 to-date at 2% year-on-year, while global cargo demand continued its double-digit growth, rising +11%.

Keep ReadingShow less