Amazon CEO Jeff Bezos recently revealed information that has long been kept secret: Amazon Prime has more than 100 million paid members around the world. The announcement was included in Bezos’ annual letter to shareholders, which provides a look at …
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Walmart and Amazon May Spar Over Online Retailer Flipkart
Walmart is nearing a deal to buy a majority stake in Indian e-commerce company Flipkart, Reuters reports. The purchase would be Walmart’s largest acquisition of an online company, but Amazon may attempt to step in and present a counteroffer, Reuters …
Read More »Amazon Tests New Approach to Home Services
Amazon is experimenting with a change to Amazon Home Services, its division that connects customers with local home improvement professionals and other service providers. The change is currently a housekeeping pilot project in Seattle, but could indicate a transition in …
Read More »Home Depot Selling Products From American Cannabis Co.
The Home Depot, Walmart and Amazon have all agreed to grow individual relationships with a company that has its roots firmly planted in the cannabis industry. Both of the big box retailers and the e-commerce giant have begun selling products …
Read More »Amazon Begins Selling Live Plants
As spring arrives and home and business owners across the country venture outside to consider their landscaping options, e-commerce giant Amazon is adding a new product category: live plants. In late February, the company introduced the Amazon Plants Store, Fortune …
Read More »Amazon Opens Grocery Store Without Cashiers
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 …
Read More »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 …
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