Amazon.com
July 20, 2017 at 11:48 am
Long the undisputed leader in e-commerce, Amazon.com has turned its attention to the other piece of the retail puzzle: physical stores. In the last year-and-a-half, Amazon has opened seven bookstores across the country, with plans to open six more by the end of 2017. In addition, Amazon made a big splash last month with it…
July 18, 2017 at 9:55 am
Amazon.com’s expansion plans, including its agreement to buy Whole Foods Market Inc. for $13.7 billion, are raising hackles in Washington — and Wall Street is taking notice. A U.S. lawmaker has called for hearings on the proposed deal to consider its ramifications for shoppers and workers. Hedge-fund manager Doug Kass has taken a short position on the fast-growing…
July 12, 2017 at 5:03 pm
This past Tuesday was Amazon Prime Day, the online retailer’s third annual global shopping event exclusively for its Prime members. The day brought positives and negatives for Amazon, as it looked to further cement its position as the leading online retailer in the market. Let’s start with the positives: Amazon is reporting Prime Day was…
July 11, 2017 at 9:39 am
Amazon.com's third annual Prime Day sales event officially kicked off last night at 9 pm ET, and will continue for 30 hours (25 percent longer than last year). The online retailer is hopeful this will be its biggest Prime Day yet. Internet Retailer forecasts that Prime Day sales will total $2.18 billion, which would be…
July 5, 2017 at 4:23 pm
As noted in last week's issue of Total Retail Executive, Total Retail recently released its latest research report, The Amazon Effect: How Retailers Are Adapting Their Businesses to Better Compete With the Industry Leader. The report analyzes the impact Amazon's growing influence is having on the retail industry, and what retailers are doing as a result,…
June 30, 2017 at 10:17 am
President Donald Trump took to social media earlier this week to attack Amazon.com, claiming incorrectly that it owns the Washington Post in a scheme to dodge “internet taxes.” Amazon doesn’t own the newspaper; its CEO, Jeff Bezos, bought it himself. Furthermore, while there isn’t a federal “internet tax,” as Trump contends, Amazon has started to collect sales…
June 6, 2017 at 9:11 am
Amazon.com is dropping its membership price for low-income shoppers, going after a stronghold on this demographic held by Wal-Mart. The online retailer giant said Tuesday that it will offer a nearly 20 percent segment of the U.S. population — people who obtain government assistance with cards typically used for food stamps — a $5.99 monthly Prime membership, less than the…
May 30, 2017 at 9:35 am
Amazon.com’s two grocery pickup sites in Seattle have emerged out of “beta” mode, and can now be used by members of the company’s Prime loyalty program. The concept, dubbed AmazonFresh Pickup, allows shoppers to buy items online and choose a time to collect them at a drive-in Amazon facility, where the grocery bags will be…
May 17, 2017 at 5:06 pm
Earlier this month, Target revealed that it's testing a new service called Target Restock. The service, which is currently in trial with Target employees ahead of a customer-facing pilot this summer in the Minneapolis area, is designed to offer an easy way for consumers to shop online for household essentials that will arrive the day…
May 2, 2017 at 10:50 am
Amazon.com is celebrating the streaming debut of its Oscar-winning film, "Manchester-by-the-Sea," by giving a free year of Prime membership to the residents of the Massachusetts fishing town the movie is named after. This week, the e-commerce giant will ship to every Manchester household a gift box with a code to enroll in Prime for free…
