Seven-Day Year-Round Deliveries from FedEx, Walmart’s New CTO, and Western Union’s Global B2B Payment Platform
FedEx to Offer Seven-Day Delivery Year-Round
To keep up in a competitive industry and better handle volume from online orders, FedEx is planning to offer seven days a week delivery in the U.S. year-round. The shipping giant will rollout seven-day year-round deliveries through its Ground unit by January 2020. This is one of many initiatives FedEx is currently undergoing to cut costs and remain relevant, including the increased use of technology that can identify when multiple packages are headed to the same address, and a reduced reliance on the U.S. Postal Service for deliveries. “Expanding our operations to include Sunday residential deliveries further increases our ability to meet the demands of ecommerce shippers and online shoppers,” says Raj Subramaniam, FedEx president and chief operating officer.
What stood out to us? Is Sunday the new Manic Monday?
Walmart Hires Former Amazon Executive as CTO
To further strengthen its grasp on ecommerce, Suresh Kumar has been hired by Walmart as the new Chief Technology and Chief Development Officer. Kumar, who will be joining Walmart on July 8, previously spent 15 years in various leadership roles at Amazon, and most recently served as VP and general manager of display, video, app, ads and analytics at Google. “With more than 11,000 stores, a high-growth ecommerce business and more than two million associates worldwide, the potential for technology to help people at scale is unparalleled, and I am excited to be part of this,” says Kumar.
What stood out to us? Rumor has it that Kumar turned down a job at FedEx because they asked him to work on Sundays.
Western Union Expands Global B2B Payment Options
Western Union, a worldwide financial services and communications company best known for its money transferring services, has partnered with Amazon to introduce a cross-border payment platform called Amazon Paycode. This platform allows buyers in foreign countries to use cash to pay for purchases made on Amazon through receiving a QR code that is then validated by a Western Union agent to complete the transaction. Through Amazon Paycode, Western Union can reduce the complexities hindering cross-border B2B payments, especially for small businesses. “We see this as a localized bridge to cross-border ecommerce for consumers that don’t have credit cards and that are unbanked,” says Rebecca Loevenguth, Vice President of Transformation for Western Union.
What stood out to us? Technology leader Western Union moves from telegrams to bleeding edge QR codes.
In the headlines
- Sporting good news: Dick's Sporting Goods ecommerce sales increased 15% last fiscal quarter.
- A new barknership: Barkbox introduces subscriptions through Amazon.
- I don’t feel so good: Amazon is working on a voice-activated wearable capable of reading emotions.
- Budding business: The cannabis ecommerce industry is starting to take shape.
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