“Amazon.com Inc. has agreed to take space in a first-of-its-kind three-story warehouse, a new type of distribution center that could reduce delivery times in congested cities to hours rather than days. While common in densely-populated Asian and European cities, modern warehouses with multiple floors have been absent until recently in the U.S., where higher land and […]
On The Web
nbsp;Amazon Reports $87.4 Billion in Q4 2019 Revenue: AWS up 34%, Subscriptions up 32%, and ‘other’ up 41%
“Subscription services were up 32% to $5.24 billion. This segment mainly constitutes Amazon Prime , which the company has expanded to offer deals at places like Whole Foods . Keeping in line with this strategy, Amazon announced today that Prime members now get free delivery through Amazon Fresh, which normally costs $14.99 per month. Amazon […]
Amazon Enters Partnership With Indian Retailer to Sell Online
“Amazon is partnering with India’s second largest retail chain in an effort to further its reach into the country. The online retail giant said this week it will become the official online sales channel for India’s Future Retail. While Future Retail has more than 1,500 physical stores around India, this will be its first large-scale online […]
Prime Power: How Amazon Squeezes the Businesses Behind Its Store
“Amazon has transformed the small miracle of each delivery into an expectation of modern life. No car, no shopping list — no planning — required. But to make it all work, Amazon runs a machine that squeezes ever more money out of the hundreds of thousands of companies, from tiny start-ups to giant brands, that […]
WSJ News Exclusive | Amazon Blocks Sellers From Using FedEx Ground for Prime Shipments
“Amazon.com Inc. AMZN +0.67% is blocking its third-party sellers from using FedEx FDX -1.74% Corp.’s ground delivery network for Prime shipments, citing a decline in performance heading into the final stretch of the holiday shopping season. The ban on using FedEx’s Ground and Home services starts this week and will last “until the delivery performance of these […]
Amazon Will Launch New Grocery Store As Alternative to Whole Foods
“Amazon on Monday said it plans to open its first new brand of grocery store in California next year, as it amps up its ambitious push to become a bigger name in food. “Amazon is opening a grocery store in Woodland Hills in 2020,” an Amazon spokesperson confirmed to CNET on Monday morning, soon after […]
Grocer Save A Lot Adds In-Store Cash Acceptance for Amazon PayCode Purchases
“Consumers that want to pay cash for their Amazon.com Inc. purchases now have another option in the St. Louis area. Save A Lot launched the ability for consumers to use Amazon PayCode , the e-retailer’s cash-payment service, at several Save A Lot locations in the grocer’s hometown. It expects to expand the service to more […]
Amazon Is Bringing a Cash-based Checkout Option, Amazon PayCode, to the U.S.
“Amazon is making it easier for customers to pay with cash for their online purchases. The retailer today announced the U.S. arrival of Amazon PayCode , a new checkout option that will allow online shoppers to pay for Amazon.com purchases at one of 15,000 Western Union locations. Separately from this, Amazon said that its Amazon […]
How Amazon’s Shipping Empire Is Challenging UPS and FedEx
“Amazon.com Inc. recent breakup with longtime shipping partner FedEx Corp. shows how far the e-commerce giant has come in creating its own delivery network. Over the years, Amazon has played down its ambitions. But as consumers flock to its site for everything from toilet paper to TVs, Amazon has quietly blanketed the nation with hundreds of […]
On The Wires
nbsp;Amazon Kicks Off Localized Payments in Chile With DLocal
“dLocal ( https://dlocal.com ), an award-winning fintech company that specializes in cross-border payments for emerging countries, announced today that Amazon went live with dLocal’s local payments acceptance services in Chile.”