This week, Amazon opened its first automated grocery store at its Seattle campus, CNBC reports. The 1,800-square-foot grocery store, called Amazon Go, operates without cashiers and registers, and the e-commerce giant says that customers won’t have to wait in line …
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Amazon HQ2 Search Narrows to 20 Locations
The search for Amazon’s second headquarters, known as HQ2, has narrowed to 20 North American locations, The New York Times reports. The retailer’s shortlist of possible HQ2 locations leans heavily on East Coast and Midwestern locations, with Los Angeles as …
Read More »Millennials Helped Amazon Take 4 Percent of All Retail Sales in 2017
According to e-commerce analytics company One Click Retail, Amazon took 4 percent of all retail sales in the U.S. in 2017, with millennials driving sales in home and kitchen goods, reports CNBC. Sales on the platform also represented 44 percent of …
Read More »Amazon, Walmart Online Prices Closer Than Ever
A new study from financial data firm Market Watch finds that Walmart and Amazon’s online prices are closer than ever, Business Insider reports. The study, which tracked prices on Amazon and Walmart’s website, spanned 700 days. Walmart’s online prices were …
Read More »Sears Takes DieHard Auto Parts to Amazon
Sears Holdings has taken another aspect of its business to Amazon, announcing it will sell DieHard auto products on the e-commerce site, the company reports. The retailer says it is opening up DieHard to sales on Amazon to celebrate the …
Read More »The Costly Competition to Land Amazon’s HQ2
On Oct. 19, Amazon received 238 proposals from regions across North America, all competing to become the home of HQ2, Amazon’s second headquarters. Landing HQ2 was an enviable prospect for politicians and business leaders across the country. Amazon says it …
Read More »Amazon Cash Expands to 8,000 7-Eleven Locations
Amazon Cash, a service that lets customers instantly add money to their Amazon.com accounts at brick-and-mortar retail locations, is now available at approximately 8,000 7-Eleven locations, technology blog TechCrunch reports. The service launched in April 2017 “as a way to …
Read More »Amazon Incentives: How Much Is Too Much?
As Amazon continues its search for a second headquarters somewhere in North America, the Los Angeles Times Editorial Board advises local and state governments to conduct a thorough economic analysis and get binding commitments before making final agreements with the …
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