Amazon.com
September 13, 2021 at 7:52 pm
Amazon.com announced last week that it will pay full tuition — including the cost of books and fees — for its more than 750,000 front-line employees. The retail giant will fund the 2022 initiative by investing $1.2 billion to expand its education and skills training benefits program by 2025. Rather than offering reimbursement after coursework completion, Amazon will…
September 2, 2021 at 5:30 pm
After growing its workforce to more than 1.3 million people in 2020, Amazon.com is planning to hire another 55,000 employees globally in the coming months, the company announced earlier this week. This is the first major hiring push since new CEO Andy Jassy took the reins from Jeff Bezos in July. It comes ahead of the company's annual Career…
August 19, 2021 at 10:00 pm
Amazon.com is planning to open large retail locations that resemble department stores, The Wall Street Journal reported. The newspaper, citing people familiar with the plans, reported that some of the first Amazon department stores are expected to be in California and Ohio. The locations will take up roughly 30,000 square feet, around the size of a Kohl’s or T.J.…
August 10, 2021 at 8:19 pm
On Tuesday, Amazon.com updated its longstanding returns policy, referred to as the A-to-z Guarantee, to address defective product claims, reports CNBC. Beginning in September, consumers can contact Amazon with a personal injury or property damage claim, and the company will then connect the consumer with the seller. Currently, buyers are encouraged to contact the seller…
August 3, 2021 at 10:04 pm
Amazon.com workers in Alabama may get a second chance to vote on whether to form the company's first unionized warehouse in the United States. A hearing officer for the National Labor Relations Board (NLRB) determined Monday that Amazon violated federal labor laws by encouraging employees to vote against unionizing at its Bessemer, Alabama warehouse facility…
July 12, 2021 at 9:02 pm
Amazon.com said yesterday its online stores had returned to normal service after a global outage disrupted shopping on its country sites. According to outage monitoring website Downdetector, services were disrupted for nearly two hours. At the peak of the disruption, more than 38,000 user reports indicated issues with Amazon's online stores. They occurred on Sunday…
July 5, 2021 at 7:32 pm
Amazon.com founder Jeff Bezos on Monday handed over his CEO title to Andy Jassy, ending a more than two-decade run leading the company through its evolution from online bookseller to $1.75 trillion global retail, logistics and internet behemoth. Bezos has served as the CEO of Amazon since founding the company exactly 27 years ago on July 5, 1994 .…
June 23, 2021 at 5:50 pm
The second day of Amazon Prime Day saw a total U.S. online spend over $5.4 billion, according to Adobe Digital Economy Index data. This represents a 3.6 percent growth compared to e-commerce revenue on the second Amazon Prime Day last year. Across both days, the U.S. online spend across retailers exceeded $11B, representing 6.1 percent…
June 22, 2021 at 6:44 pm
Data from Adobe shows sales during the first 24 hours of Amazon Prime Day 2021 surpassed $5.6 billion, representing 8.7 percent growth year-over-year, reports CNBC. Monday, the first day of the online event, marked the biggest day for online spending to date in 2021, according to an index tracked by Adobe Analytics, which looks at more…
June 21, 2021 at 9:28 pm
Amazon.com's seventh Prime Day, which is taking place June 21-22, could rise to a record $12 billion in gross merchandise sales, based on scenario analysis from Bloomberg Intelligence Senior E-Commerce Analyst Poonam Goyal. However, the increase is a deceleration in year-over-year growth, to 15 percent from 45 percent in 2020. Last year, "surging digital sales amid…
