Amazon.com
March 15, 2016 at 11:14 am
Is Amazon.com about to shake up the online grocery market? According to the below infographic created by Retail Vision, the online retailer is taking its latest endeavor very seriously and is aiming to grab 2 percent of the U.K.’s £149 billion grocery market with fast delivery and innovative ordering services. Even as the big four…
March 14, 2016 at 11:27 am
Staples wants more data from Amazon.com as it prepares to fight the Federal Trade Commission over the federal regulator's challenge of its $6.3 billion merger with Office Depot. Staples filed a motion on March 10 asking a U.S. District Court in Washington D.C. to compel Amazon to produce more documents and data. A subpoena served earlier…
March 11, 2016 at 8:14 am
Amazon.com went down for some users on Thursday afternoon for approximately 20 minutes before being restored. Users trying to access the Amazon website as well as the mobile app at around 2:20 p.m. ET were greeted with error messages. During the outage, many users took to Twitter to vent their frustration.
March 10, 2016 at 12:56 pm
Amazon.com is taking to the skies. The e-commerce powerhouse has finalized an agreement to lease 20 Boeing jets from Air Transport Services Group Inc. as it builds out its U.S. delivery capabilities. Amazon has been investing heavily in its shipping infrastructure, adding sorting centers, which sort packages by zip code and deliver them to post offices. And…
March 4, 2016 at 9:44 am
In 2009, Amazon.com bought a small competitor, online shoe merchant Zappos, for $1.2 billion. It was an unusual deal in that Amazon promised to leave Zappos alone so long as it hit certain financial targets. Tony Hsieh, CEO of Zappos, wrote the following year that the relationship between Zappos and Amazon was “governed by a…
February 29, 2016 at 10:36 am
Jet.com, an online retail startup challenging Amazon.com, is doing a little shopping of its own. On Monday, the company announced that it had made its first acquisition with the purchase of Omaha, Neb.-based Hayneedle, a home goods e-commerce company. Terms of the deal weren't disclosed.
February 23, 2016 at 11:27 am
Even without a Prime membership, Amazon always offered free (and slow) shipping for orders over a certain minimum. For the longest time, that minimum was $25, but in 2013, the company raised it to $35. In its latest move to push its $99 per year Prime membership with free two-day shipping, the company has now quietly…
February 19, 2016 at 10:29 am
Amazon.com Inc is quietly inviting drivers for its new "on-demand" delivery service to handle its standard packages, as the online retailer known for low prices and razor-thin profit margins looks to speed up delivery times and tamp down its growing multibillion dollar logistics bill. The move, which hasn't been announced publicly, is the latest sign that…
February 11, 2016 at 10:27 am
eBay’s CEO Devin Wenig outlined a turnaround plan for the e-commerce company on Wednesday. The online retailer and Wenig have a big task ahead for 2016: proving to investors that eBay is still growing after its split from payments giant PayPal last year. So far, things aren’t looking good for eBay, which reported disappointing earnings…
February 4, 2016 at 10:42 am
On Tuesday, the CEO of General Growth Properties, one of the largest developers of mall properties in the United States, announced during his company’s earnings call that he knew of Amazon.com's plans to build “300 to 400 bookstores.” That sent the internet into a frenzy, with many speculating on the online retailer’s presumably ironic plans…
