Amazon could earn a 2% to 15% stake in food delivery firm Grubhub as part of a deal with parent company Just Eat Takeaway.com that offers Amazon Prime customers a free membership to the service and no-fee delivery from select restaurants. Just Eat Takeaway will...
With Independence Day now in the rearview mirror, Americans — and shoppers around the world — are gearing up for the next big summer holiday: Amazon Prime Day, set for July 12-13 in more than three dozen countries. At a time when cash-strapped shoppers are...
Turns out that not many people order burgers at a restaurant that sells pasta and pizza, even though they’re a menu option. But many did from MrBeast Burger, a delivery-only brand that debuted in December of 2020, made by chefs in an Italian restaurant. Named...
Amazon’s cloud storage unit Amazon Web Services (AWS) could be headed to a value of $3 trillion, nearly three times what the entire company is worth. That’s according to Alex Haissl, a Redburn Ltd. analyst quoted by Bloomberg News Wednesday (June 29). Haissl also said...
Seeing eventual limitations to simply giving Alexa commands — “Alexa, buy milk,” “Alexa, turn the AC down,” — Amazon’s engineers believe the voice recognition AI needs to think for itself. At Amazon’s re:MARS event that wraps up Friday (June 24) in Las Vegas after four days...
Amazon is now ready to deploy its first fully autonomous mobile robot that was developed to perform its work and automatically move around employees. Proteus can operate in the same physical space as people without the need for confinement to separate areas, as was the...
Amazon is reportedly planning to open a second brick-and-mortar clothing store, this time in Columbus, Ohio. According to multiple news reports this week, the retail giant is scheduled to open its new Amazon Style location at Easton Town Center. So far, details are limited about...
(Update: adds Target Deal Days announcement) With Amazon announcing the latest iteration of its annual Prime Day event, it didn’t take long before rival retailers began to unveil their own sales and promotional events, at a time when the industry is bulging with inventory and...
Grand Rapids, Michigan-based SpartanNash, a publicly traded food distributor and retailer with ties to Amazon, is growing its retail footprint by buying up existing grocery brands. On Tuesday (June 14), the company announced that it has acquired northwestern Michigan grocery chain Shop-N-Save Food Centers, which...
