Amazon’s revenue from everyday household items is booming, and sales don’t appear to be slowing down, as the online retailer continues to take business away from superstore, grocery and drug store channels. According to data from One Click Retail (OCR), Amazon’s combined average year-over-year growth...
If your kid ordered something from an Amazon app without permission, you’re in luck (as long as it happened between November 2011 and May 2016, anyway). In a landmark agreement between the U.S. Federal Trade Commission (FTC) and Amazon, the online retail giant will end...
Calling all social media stars! Amazon wants you to join its new “social influencer” program. Amazon has been recruiting big names from YouTube, Instagram and Facebook and more, said Fortune, to build up a network of internet product spokespersons. Amazon will be selecting candidates based...
Something’s in the air over at Amazon. Just last week, we reported on Amazon’s decision to part ways with Quidsi due to the company not turning a profit. The eCommerce giant pulled its employees from Quidsi’s offices shortly following the announcement. While this may be...
As of yesterday (April 3), Amazon is open for business for cash-only customers — via 10,000 physical locations where a consumer can deposit cash directly into their Amazon balance. In an announcement made on the company site yesterday, Amazon said the new service allows customers to...
Amazon announced today (April 3) that it has launched Amazon Cash, which allows users to add cash to their Amazon account balances at physical locations — more than 10,000 of them — across the United States. The company said, in announcing the debut of the free service,...
Amazon had a news-filled week last week culminating with shares flirting with a new high in trading Friday (March 31). According to a report, shares of the eCommerce giant were lifted by a bevy of news, including its acquisition of Souq.com, the Middle East ecommerce...
In an unprecedented power move, Amazon is hoping to lure some of the world’s biggest brands away from chains like Walmart, Target and Costco. In a three-day summit at its Seattle headquarters, Amazon will host executives from General Mills, Mondelez and various other packaged good manufacturers....
In the startup atmosphere, there are a few signs that point to success. Raising enough funds and making enough profit to file an IPO or getting acquired are typically key indicators. Once either of these events occur, a startup is officially considered a success. After...
