Amazon

Amazon
Amazon Halts New UK Self-Checkout Grocers as Sales Fall Short
August 21, 2022

Lagging sales and economic troubles have caused Amazon to pause the rollout of more self-checkout stores. Sources said the eCommerce giant ended up walking away from talks to add dozens of new sites for the Amazon Fresh grocery stores. Many of the Fresh stores in...

Amazon
Big Bucks or Big Bust? Amazon’s $26B Delivery Service Partner Question
August 19, 2022

When Amazon launched its Delivery Service Partner (DSP) program in 2018, it was presented as a way to help tiny companies go big and would-be entrepreneurs go into business. It was meant to be a win-win — people launch a business with as little as...

Amazon
Amazon Takes Tip From TikTok with Beta Test of Shoppable Videos
August 17, 2022

Watch out, TikTok. Amazon is pushing into your territory. As reported by The Wall Street Journal on Wednesday (Aug. 17), the retail and tech giant is testing a feature in its mobile app that would show shoppers shareable, TikTok-style photos and video feeds of products....

Amazon
Amazon Hopes to ‘Inspire’ Consumers to Shop TikTok-Style
August 17, 2022

Amazon has begun testing a new app feature that shows customers a video and photo feed of products, similar to the popular video social media platform TikTok. That’s according to a Wednesday (Aug. 17) report by The Wall Street Journal, which said — according to...

Amazon
Amazon Petitions FTC to Back Down on ‘Unduly Burdensome’ Subpoenas
August 16, 2022

A Federal Trade Commission (FTC) probe into Amazon Prime and its other subscription services has become “unduly burdensome” to employees and executives after at least 19 were served individual subpoenas, according to an omnibus petition filed by Amazon. Amazon accuses the FTC of harassing founder...

Amazon
Despite Amazon’s Best Efforts, Three-Quarters of Prime Day Shoppers Didn’t Buy Groceries
August 15, 2022

Despite Amazon’s investment in its grocery offerings, and despite shoppers’ shift towards spending on just the essentials, the majority of the online marketplace’s shoppers still do not see it as a food and beverage destination. By the Numbers PYMNTS’ recent “Prime Day 2022: Inflation Hits...

Amazon
Amazon’s Budding Grubhub Partnership Could Grow to 15% Stake
August 03, 2022

Grubhub’s Amazon bet appears to be paying off. Last month, Grubhub’s parent, Just Eat Takeaway, announced that it had an agreement with Amazon that lets the retailer’s U.S. Amazon Prime customers order from Grubhub without a fee for a year to boost new customers. In...

Amazon
Amazon Seller Wallet Launches With Bank Transfers
July 25, 2022

Starting with “a select number of small businesses that sell on Amazon.com” the eCommerce giant is piloting a financial tool designed to help sellers convert, manage and disburse funds from their seller accounts more easily — and better facilitate cross-border commerce. The company will roll...

Amazon
Amazon to Buy One Medical for $3.9B to Expand Healthcare Offerings
July 21, 2022

Retail behemoth Amazon is expanding its healthcare offerings with the acquisition of tech-powered primary care provider One Medical, according to the company Thursday (July 21). Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at about $3.9 billion, including One Medical’s...