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Amazon And SoftBank Vie To Take Japan Cashless

“The platforms offered by the U.S. online retail giant and the Japanese tech and investment powerhouse will require minimal investment by merchants. That approach is friendly to smaller businesses — a group that is estimated to account for about 90% of Japan’s shops — for whom obtaining specialized equipment is a heavy burden. Through local arm Amazon Japan, […]
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Companies

Amazon Prime Day U.S. Sales Bigger Than Last Year, Despite Site Issues

“Despite the massive glitches that prevented online shoppers from being able to browse and buy from Amazon’s Prime Day sale yesterday, the retailer is this morning claiming its Prime Day sales in the U.S. are “bigger than ever,” and grew faster than last year’s Prime Day within the first ten hours of the annual sales event. In […]
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Companies

A New Rivalry Brews As Flipkart, Amazon Cut Google Ad Spends

“Google’s e-commerce push and the rising importance of Flipkart and Amazon in digital ads are the latest examples of how intertwined the tech business has become and how internet firms are increasingly encroaching on each other’s turf. A few years ago, it was unthinkable that Google would enter e-commerce or that Amazon could ever threaten […]
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Companies

Amazon Makes Good on Business-to-Business Threat

“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

“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

“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 Go Opens 1st Store Outside Seattle in Chicago

“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 […]