Amazon.com
Amazon.com is shutting down all of its Amazon Books physical bookstores, as well as its Amazon 4-star and Amazon Pop Up shops, which sold a variety of electronics and other in-demand items. The closures affect 68 stores across the U.S. and U.K., Amazon said. Closure dates will vary by location and Amazon said it would…
Amazon.com is celebrating Black History Month with “Remarkably Black – Black and worthy of remark” — a month-long celebration of all things that are remarkable about being Black. The company has made it easier than ever for its more than 300 million customers to discover and shop thousands of products from Black-owned businesses during February and beyond.…
Walmart and Amazon.com both said last week that it will not will no longer require vaccinated employees to wear masks while working in their facilities. In an internal memo to employees, Amazon said vaccinated employees in the U.S. have the option to work without masks beginning Feb. 11 where permitted by local regulations, Reuters reported last week. Amazon…
Amazon.com will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously, as part of an overall increase in total compensation intended to help recruit top talent and retain existing employees. The move promises to bring Amazon’s base pay more in line with other big tech companies, including Google, Facebook,…
Peloton, the stationary-bike maker and seller that has had its share of ups and downs lately, is drawing interest from potential suitors, according to recent reports. On Friday, The Wall Street Journal reported that Amazon.com was interested in purchasing Peloton, "according to people familiar with the matter." Meanwhile, the Financial Times reported Nike was also interested. CNBC.com reported…
The first Amazon Style store, located in the Los Angeles suburb of Glendale, California, will open its doors later this year, the company announced Thursday. The store will feature women’s and men’s apparel, shoes, and accessories from a mix of well-known and emerging brands, with prices catering to a wide range of shoppers. At roughly 30,000 square…
The New York attorney general is going after Amazon.com, accusing the e-commerce giant of rolling back protocols for COVID-19 in at least one of its warehouses. New York Attorney General Letitia James sought an emergency court order on Tuesday, saying Amazon's decision on COVID-19 safety leaves employees at a higher risk of exposure to the coronavirus. James…
For the first time in history, more than half of U.S. consumers will shop online between Thanksgiving and Cyber Monday, with online retail sales approaching one-third of all Cyber weekend sales, according to a report from Numerator, a data and tech company serving the market research space. Last year, 47 percent of households shopped online…
Amazon.com represents a complicated relationship for many consumer brands. The e-commerce giant, which has grown to be the largest online retailer in the world, leverages its vast scale to collect data, optimize revenue, and refine operations — while luring third-party sellers with access to the world’s most important online marketplace. Big brands in particular have…
In this episode of Retail Right Now, Total Retail's Joe Keenan and Kristina Stidham discuss an article recently published by Total Retail titled, “Amazon is Finally Acting Like a Retailer, and What That Means for Brands,” authored by Tim Hershey, chief retail officer at Netrush. Amazon has recently tightened its inventory restrictions, placing new pressures…