On The Web

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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

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

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 […]

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Companies

Amazon adds new Business Prime benefits, including a credit card

October 23 2018

• in
• Amazon

“Amazon on Tuesday rolled out new benefits for its Amazon Business Prime members, including access to a new credit card offered jointly with American Express. The AmazonBusiness American Express Card, for US customers, has no annual fee, and it offers businesses 5 percent back or 90-day interest-free payment terms on eligible purchases. The card could help Amazon reach more […]

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Companies

Amazon’s Cyber Monday was the biggest shopping day in the company’s history

November 27 2018

• in
• Amazon
• Ecommerce

“Amazon  said on Tuesday it just had its biggest shopping day in the company’s history on Cyber Monday (Monday, November 26), based on the number of products sold worldwide. That means the shopping event topped Black Friday and even Amazon’s own sales event known as Prime Day, which this July had become the biggest sales day in […]

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Companies

Amazon Debuts No-Fee AmEx Card to Lure Small-Business Spending

October 31 2018

• in
• Amazon
• American Express

“The two companies unveiled a new co-branded card for small businesses on Tuesday. Cardholders with an Amazon Prime membership will be able to choose between an interest-free loan for 90 days or 5 percent back on purchases made at Amazon.com, Amazon Business, Amazon Web Services and Whole Foods Market, the companies said in a statement. […]

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Companies

New York City’s first Amazon Go cashierless store will open near the World Trade Center

October 24 2018

• in
• Amazon

“Amazon’s version of a futuristic 7-Eleven store is coming to New York City, and it’s going to be located inside a shopping and office complex across from the World Trade Center, Recode has learned. Amazon plans to unveil the cashierless convenience store inside Brookfield Place, formerly known as the World Financial Center, in Manhattan’s Battery Park City neighborhood.”

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Companies

Instacart, Whole Foods Part Ways

December 13 2018

• in
• Amazon

“Instacart said Thursday that it would cease deliveries from 76 Whole Foods locations on Feb 10. The San Francisco-based company said around 240 employees would be laid off as a result. Most of the 1,415 Instacart employees that pick up orders from Whole Foods stores will be transferred to other divisions, founder and chief executive, […]