Shopify Inc. shares tumbled after the Canadian e-commerce company reported a surprise net loss in the first quarter after the sale of its logistics business …
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Logistics
Amazon’s Logistics Workers in Spain Plan Cyber Monday Walk-Outs
Spanish union CCOO on Monday called on 20,000 warehouse and delivery workers at Amazon’s local unit to stage a one-hour strike on each shift on …
Shopify Cuts Jobs Again, Sells Most of Logistics Business to Flexport
Shopify Inc. shares surged after the Canadian e-commerce company cut jobs for the second time in 10 months and agreed to sell the majority of …
China’s Fosun Seeks to Sell Stake in Alibaba’s Logistics Arm Cainiao
Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group’s logistics arm Cainiao, in a deal that could fetch up …
Zara Billionaire Bets $700 Million in Move Into Us Logistics
Zara founder Amancio Ortega has spent over $700 million in recent weeks on a series of logistics acquisitions, in what’s shaping up to be one …
American Eagle’s Hottest Business Isn’t Jeans — It’s Logistics
When American Eagle bought a pair of logistics start-ups last year, it was widely seen as an ambitious — if expensive — attempt to get …
American Eagle’s Hottest Business Isn’t Jeans — It’s Logistics
When American Eagle bought a pair of logistics start-ups last year, it was widely seen as an ambitious — if expensive — attempt to get …
A Sustainability-Focused Logistics Solution for Fashion’s Returns
Returns are an on-going logistical challenge for fashion retailers, with significant implications on how sustainable their operations are. Whether preference-based, a faulty item, or a …