Home Depot has confirmed that hackers have breached its store payments system and may have stolen up to 60 million credit card numbers. The breach could affect customers who paid with a credit or debit card at any of the 2,157 stores in the U.S. and Canada between April and September. This latest hacking incident has led retailers to speed up the installation of chip-reading credit card terminals at their stores. Credit card companies are also adding security to their cards. Continue reading Recent Home Depot Hack Prompts Retailers to Upgrade Security

San Francisco-based startup Shyp — “the easiest way to ship anything” — is aiming to simplify the shipping process. Rather than packaging an item and finding the cheapest company to ship with, the user simply takes a picture of the item to be shipped and adds the address. Within 20 minutes, a Shyp courier arrives to pick up the item and hands it off for another person to do the work. The app is meant to be a cheap and efficient way to ship items without doing any work. Continue reading New Shyp Service Reimagines How We Package and Ship Items

To be more competitive, the U.S. Postal Service will cut its prices by as much as 58 percent on certain Priority Mail packages for retailers shipping at least 50,000 packages per year. Both UPS and FedEx believe the price cuts are an unfair way for the USPS to gain an edge in the e-commerce business. Amazon and USPS already have a partnership to deliver on Sundays, but the two organizations are teaming up again to test grocery deliveries in San Francisco. Continue reading U.S. Postal Service to Slash Prices for E-Commerce Retailers

UPS’s “Pulse of the Online Shopper” survey shows that 93 percent of customers are willing to take some action in order to qualify for free shipping. Not only will people do more to get free shipping, but 58 percent have also cancelled orders because shipping costs were too much, with 50 percent doing the same because the shipping wasn’t free. Along with attraction to free shipping, there has also been a 12 percent increase in the amount of people that have returned an item.

Continue reading UPS: Free Shipping Attracts More Online Shopping Customers

While FedEx has traditionally charged to ship packages based solely on weight, the company has changed its policy to also price packages according to size. The move is expected to increase the price of over a third of FedEx’s U.S. ground shipments, and dramatically impact e-commerce companies. The next question is whether or not UPS will follow FedEx’s lead and consider a new pricing strategy as well. In the past, UPS and FedEx have kept similar pricing, rather than use pricing as a competitive advantage. Continue reading FedEx Responds to E-Commerce Boom with Increased Pricing

Earlier this week, we reported that Amazon may be expanding its AmazonFresh service to the New York City area. Amazon has more than 209 million active users that purchase all type of products, from TVs to pet food, and the company has expanded its services and processing centers in order to build loyalty and become a single source for all shopping needs. Its strategy has led to a growing customer base and significant increases in sales. Continue reading Retail: Amazon Pursues Cheaper Goods and Faster Shipping

The 3D printer manufacturer, MakerBot, will begin selling its Digitizer 3D scanner next week for a yet-to-be-announced price. The company first revealed an early prototype of the scanner at the South by Southwest conference. Users will be able to easily scan and distribute scanned image designs that are compatible with most 3D modeling software. In addition, MakerBot officially announced its merger with Israeli 3D printer and manufacturer Stratasys. Continue reading MakerBot Merges with Stratasys and Plans 3D Scanner Launch