Amazon

Amazon
Amazon Takes On Trader Joe’s With Small-Format Whole Foods Stores
March 11, 2024

Amazon is rolling out a new store format under the Whole Foods Market banner — a move that comes as the eCommerce giant looks to increase its share of grocery by growing its brick-and-mortar presence. The specialty grocer recently announced its Whole Foods Market Daily Shop,...

Amazon
Report: Amazon Plans to Shelve Ad-Supported Streaming Service Freevee
February 21, 2024

Amazon is reportedly planning to discontinue Freevee, its free, ad-supported streaming service. The move comes as part of a broader effort by Amazon to focus its advertising and product efforts on Prime Video, which rolled out an ad-supported tier last month, according to a Wednesday...

Amazon
Amazon Plans Launch of Indian eCommerce Platform Bazaar
February 21, 2024

Amazon is working on a new eCommerce site to reach Indian shoppers, dubbing it a “special store.” The eCommerce giant said it would not levy any “extra charges” to sellers on the fashion and lifestyle products platform, called Bazaar, according to a Wednesday (Feb. 21)...

Amazon
Amazon Cutting Jobs in Healthcare Units One Medical, Amazon Pharmacy
February 06, 2024

Amazon will reportedly cut jobs across its healthcare units One Medical and Amazon Pharmacy. The company will cut “a few hundred” jobs in these businesses, Reuters reported Tuesday (Feb. 6), citing a letter to employees from Neil Lindsay, senior vice president of Amazon Health Services. The number of positions to be cut...

Amazon
Amazon Launches Online Ad Partnership as Google Eliminates Tracking Cookies
February 05, 2024

Amazon has teamed with British publishing giant Reach to obtain targeted customer ad data. The partnership, the subject of a Monday (Feb. 5) report by the Financial Times (FT), is happening as the media world is trying to deal with Google’s decision to eliminate tracking “cookies” from its browser....

Amazon
Amazon Could be Held Responsible for Third-Party Products
February 01, 2024

Amazon could soon be responsible for third-party products on its website. As The Wall Street Journal (WSJ) reported Thursday (Feb. 1), citing sources familiar with the matter, the U.S. Consumer Product Safety Commission is at work on an order that could classify Amazon’s online retail operations as...

Amazon
Amazon Expands Availability of Consult-a-Friend Mobile Shopping Feature
January 30, 2024

Amazon has expanded the availability of Consult-a-Friend, its mobile shopping feature that is designed to add a social and collaborative element to shopping on the platform. This mobile shopping feature was announced in October, when it was being tested by select customers in a number of...

Amazon
SellersFi and Amazon Partner to Offer Credit Lines to Sellers
January 30, 2024

SellersFi has partnered with Amazon to offer lines of credit to Amazon sellers. This offering will provide these sellers with access to credit lines of up to $10 million through Amazon Lending to support their stores, the companies said in a Tuesday (Jan. 30) press release emailed to PYMNTS. “This...

Amazon
Amazon Employees Debate Idea of Charging for Alexa
January 22, 2024

Would you pay a subscription to use Amazon’s voice assistant Alexa? Inside the company, that’s apparently the subject of some debate. A recent Business Insider report — citing internal documents and sources familiar with the matter — says that Amazon is reconfiguring Alexa as it...