Costco

Costco names JD.com exclusive China e‑commerce partner

Costco has appointed JD.com as its exclusive e-commerce partner in China and opened an official flagship store on the platform. A May pilot currently offers about 700 SKUs across food, household, beauty and supplements, and recorded strong early interest (over 30 million visitors and ~200,000 followers in the first month). The partnership leverages JD.com's logistics for same‑day delivery in many cities and nationwide coverage, allows non‑members to shop Costco assortments online, and both companies plan to expand the collaboration into more categories, supply‑chain optimization and joint customer/membership initiatives.

Amazon Received $600M Trump Tariff Refunds; Will Refund Customers

Amazon disclosed it received approximately $600 million in tariff refunds in Q2 2026 after the US Supreme Court ruled many Trump-era import tariffs unlawful. The company said it will automatically refund U.S. customers in cases where it can demonstrate tariff costs were passed through to buyers and will proactively contact affected shoppers; where passthrough cannot be traced, Amazon said it will use the remaining funds to support competitive pricing and price stability. Amazon also said its exposure was limited in many instances because it had built inventory in advance and frequently was not the importer of record, noting that third-party sellers—which account for more than 60% of marketplace sales—often import goods themselves. Other major retailers and manufacturers similarly applied for refunds, and consumers have filed class-action claims seeking tariff-related reimbursements.

Amazon: Groceries, Essentials Grow Faster Than Other Stores

Amazon reported that groceries, prescriptions and everyday essentials are growing “meaningfully faster” than the rest of its Stores business, according to its second-quarter earnings for the period ending June 30, 2026. Overall net sales were just over $200 billion, up 20% year over year, with AWS driving much of the gain (36.7% YoY) while online Stores revenue rose 15% YoY. Amazon cited faster delivery services — including the U.S. rollout and expansion of Amazon Now — and operational moves in grocery (bringing Whole Foods and Amazon Fresh teams closer together) as factors. Prime Day was held June 23–26 and its timing helped push results into Q2. The company also reported strong growth in perishables customers and Amazon Pharmacy usage.