Walmart Set to Outpace Amazon for 2019
Shares gain after retailer posts higher quarterly sales, raises profit forecasts for the year. Continue reading Walmart Set to Outpace Amazon for 2019
Shares gain after retailer posts higher quarterly sales, raises profit forecasts for the year. Continue reading Walmart Set to Outpace Amazon for 2019
Shipping costs and a steeper loss in its overseas retail business weigh on earnings. Continue reading Amazon’s Streak of Record Profit Ends
Amazon uses annual July sales event to sign up Prime members, adding a revenue stream that others don’t have. Continue reading The One Amazon Prime Day Deal That Walmart and Target Can’t Match
Beyond the revenue boost Amazon will get from customers eager to snap up cheap products, the event’s greater value may be the people it recruits to Prime. Continue reading Why Prime Day Is Vital To Amazon
On Jun 27, Amazon announced the U.S. launch of Counter, a new network of staffed pickup points that gives customers the option to pick up their Amazon packages in-store at a partner location. Continue reading Amazon Counter Turns Rivals’ Storefronts Into Package Pickup Centers
In an email press release sent, Amazon revealed that Prime Day 2019 will take place on July 15 and July 16. The company described the event as a “two-day parade of epic deals”. Continue reading Amazon Has Big Plans to Make Prime Day 2019 More Lucrative Than Ever Before
Barnes & Noble still the largest U.S. bookstore chain despite years of shriveling sales, was bought by hedge fund Elliott Management along with newly revived British bookseller Waterstones in a $683 million deal. Continue reading Why Barnes & Noble May Soon Look Like the Local Bookstores It Killed Off
Amazon last week laid off several dozen employees from its division that develops videogames as the company is still struggling in the industry. Continue reading Amazon Struggles To Advance In Videogame Industry
This week, Amazon announced Amazon Credit Builder, a special credit card for US customers who need to build (or rebuild) their credit history. Continue reading Amazon’s Unique New Credit Card Is A Play For Low-Income Americans
Amazon has overtaken Google and Apple to become the world’s most valuable brand at $315.5 billion, according to a ranking of global companies, up 52% on last year. Continue reading Amazon Beats Apple And Google To Become The World’s Most Valuable Brand