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Online Retail

Small Businesses Feel Crunch Under Slowdown of USPS Mail Service

  • Small businesses rely heavily on the U.S. Postal Service for shipments
  • Delays occasioned by the pandemic and recent operational changes under the Postmaster General result in extra fees, forced refunds, and harm to reputation
  • E-commerce groups push back against proposed hikes to shipping prices
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Steps to Take When Moving Your Business Online

  • Many businesses have moved to adopt e-commerce after physical locations shuttered or restricted due to COVID-19 pandemic
  • Online retail offers a continuing revenue stream and opportunities for more individual connections with customers
  • Transition requires business owners to determine what they’ll sell online and make sure their customers are aware of the offering
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Simon Property Group Reportedly Exploring Amazon Distribution Center Partnership

  • Partnership between Simon Property Group and Amazon would allow vacant “anchor” stores to be converted to Amazon distribution centers
  • Arrangement would guarantee steady rental income for malls while assisting with “last mile” delivery for the e-commerce giant
  • Simon reports stable second quarter income despite COVID-19 shutdowns
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