On The Web

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Companies

Amazon Makes Good on Business-to-Business Threat

September 12 2018

• in
• Amazon
• B2B

“On Tuesday, it said that platform, Amazon Business, had hit an annualized rate of $10 billion in global sales. That compares with $1 billion in U.S. sales in its first year of existence before Amazon expanded the platform into other countries including the U.K., Germany and Japan. For context, W.W. Grainger Inc., the largest U.S. industrial […]

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Companies

Amazon Go Expands into East Coast with 1st NYC Store

September 11 2018

• in
• Amazon
• Merchants
• Retail

“Amazon is planning to open one of its cashierless convenience concepts in New York, evidenced by several listings posted on the ecommerce giant’s jobs page. The Seattle-based company is seeking at least three positions for a planned Amazon Go store in the Big Apple: store manager, assistant store manager and training lead associate. The new store […]

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Companies

Amazon opens its largest Amazon Go convenience store yet

September 5 2018

• in
• Amazon
• Retail

“The latest location is its third overall and third in Seattle, where it’s headquartered. The 2,100 square feet store sits on the corner of Boren Ave. and Thomas St. and is its largest yet. The first iteration of the Amazon Go store was 1,800 square feet; it opened its doors to the public in a surprise opening in December […]

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Companies

Amazon Pay acquires personal assistant platform Tapzo

August 31 2018

• in
• Amazon

“Amazon Pay has acquired personal assistant platform Tapzo, its first such deal in India, in a bid to build on and widen the scope of its payment offering.”

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Companies

Amazon Go Opens 1st Store Outside Seattle in Chicago

September 18 2018

• in
• Amazon
• Retail

“While there are some products from local Chicago vendors, the product line is little changed from the Seattle stores, according to Gianna Puerini, VP of Amazon Go, in a Chicago Tribune report. Offerings include meal kits for two, grab-and-go sandwiches, salads and snacks as well as other convenience foods. No hot prepared food is available, simply to avoid […]

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Companies

Amazon Will Consider Opening Up to 3,000 Cashierless Stores by 2021

September 20 2018

• in
• Amazon
• Retail

“Amazon.com Inc. is considering a plan to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to people familiar with matter, an aggressive and costly expansion that would threaten convenience chains like 7-Eleven Inc., quick-service sandwich shops like Subway and Panera Bread, and mom-and-pop pizzerias and taco trucks.”

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Companies

Secret Amazon brands are quietly taking over Amazon.com

October 5 2018

• in
• Amazon
• Retail

“Amazon’s private label business is booming, on pace to generate $7.5 billion this year and $25 billion by 2022, according to estimates from investment firm SunTrust Robinson Humphrey. To accelerate that growth, the company is inviting manufacturers to create products exclusively for its collection of private brands.”

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Companies

Amazon has failed as a destination for ‘discovery’ shopping — so it built a physical store to try it the old-fashioned way

October 3 2018

• in
• Amazon
• Retail

“Amazon is billing its new retail concept as a curated selection of Amazon’s best and most popular products — including most with ratings on Amazon of four stars or more — but my first impression was that the online retailer is still having trouble shedding its “everything store” DNA.”

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Companies

Introducing Amazon 4-star

September 27 2018

• in
• Amazon
• POS
• Retail

“We created Amazon 4-star to be a place where customers can discover products they will love. Amazon 4-star’s selection is a direct reflection of our customers—what they’re buying and what they’re loving. We started with some of the most popular categories on Amazon.com including devices, consumer electronics, kitchen, home, toys, books, and games, and chose only […]

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Companies

Does Amazon Lose on Retail? Numbers Say No

October 8 2018

• in
• Amazon

“A recent article from The Information detailing Amazon’s current retail profits calls into question an assertion occasionally made about Amazon’s retail operations. It is sometimes argued that Amazon (as well as other large tech firms) operates some parts of their business at a loss, particularly during growth phases. The article outlines that Amazon’s U.S. retail operations do not, in […]