Amazon.com
July 15, 2019 at 2:57 pm
In just five years, Amazon.com’s annual Prime Day sales event has gone from a way for the online retail giant to promote its Prime membership program to a nationwide shopping holiday. Amazon began this year's 48-hour sale (up from lat year's 36 hours) at 12:00 a.m. PST this morning, and it will run until tomorrow…
July 12, 2019 at 12:13 pm
In this episode of Retail Right Now, Total Retail's Joe Keenan and Kristina Stidham provide a forecast for next week’s Amazon Prime Day event, which will be held over the course of two days this year, Mon., July 15 and Tues., July 16. This year's event gives Amazon’s 100 million Prime members in the U.S. access to…
July 12, 2019 at 12:01 pm
Amazon.com announced yesterday that it plans to retrain one-third of its U.S. workforce in new skills to help employees advance in their careers, reports CNBC. This effort would retrain approximately 100,000 workers by 2025, and Amazon employees would volunteer to take part in the programming, most of which will be free of cost. Amazon said…
July 9, 2019 at 9:50 am
Amazon.com warehouse workers in Minnesota plan to strike during the online retailer’s summer sales extravaganza, a sign that labor unrest persists even after the company committed to paying all employees at least $15 an hour last year. Workers at a Shakopee, Minnesota, fulfillment center plan a six-hour work stoppage on July 15, the first day…
July 8, 2019 at 12:38 pm
Amazon.com is charging “additional funding” to certain grocery brands during this year’s Prime Day if sales of their products result in a loss for Amazon, according to an email seen by CNBC, and reported on its website. Amazon said the change is intended to “fund the profitability gap” of such products, which Amazon purchases wholesale…
June 26, 2019 at 11:28 am
Amazon.com announced its Prime Day online sale will take place on July 15 and July 16, reports Business Insider. Prime members will have access to special deals and thousands of product discounts for a full 48 hours, beginning on July 15 at 12:00 p.m. PT and ending July 16 at 11:59 p.m. PT. Amazon is…
June 19, 2019 at 11:13 am
The demands of consumerism have "upped" everyone's game, and it seems our battle cry for instant gratification has been heard. While retailers struggle to match Amazon.com's pricing and selection, Amazon tries to close the gap on the "availability" offered by brick-and-mortar retailers. One-day shipping certainly gets Amazon closer to the core promise made by retailers,…
June 18, 2019 at 12:36 pm
The top five retailers in the U.S. recorded nearly $230 billion in revenue last year ($228.4 billion to be exact). They must be doing something right. Walmart, Amazon.com, Costco, Walgreens, and Home Depot have each built strong brand identities, and all benefit from powerful household recognition and brand equity. As I wrote previously: A brand is the sum…
June 12, 2019 at 12:41 pm
Amazon.com will end its U.S. food delivery service, Amazon Restaurants, at the end of June, reports Business Insider. Amazon Restaurants launched in Seattle in 2015, and expanded to over 20 markets globally, yet failed to become a top player in the American food delivery space. The service was available only to Amazon Prime members and…
June 6, 2019 at 5:05 pm
Amazon.com launched an artificial intelligence-powered shopping feature in its app called StyleSnap at the re: MARS 2019 conference in Las Vegas yesterday. The tool enables users to upload a photo or screenshot of a particular fashion look they admire from pictures on magazines, websites or social media posts, and then get similar product recommendations from Amazon's apparel…
