In an effort to boost its bottom line, Amazon will no longer allow products that don’t turn a profit to advertise on its site. CNBC reported that Amazon has recently been telling more vendors, as well as brand owners who sell their products wholesale, that if...
Amazon will be providing pickup and drop-off services for packages at select Whole Foods locations in the Dallas-Fort Worth area. According to the Dallas Morning News, Amazon shoppers can either visit a staffed help desk or use a self-service kiosk for the service, which launched...
Amazon.com’s plans to open its HQ2 in Virginia got the support of local officials who approved a financial package valued at $51 million over the weekend. According to NBC News, the five-member Arlington County Board voted unanimously to approve the financial incentives despite some opposition to the package. The...
In a move that signifies Amazon’s continued foray into the healthcare field, the online giant will now accept flexible savings accounts or health savings accounts for the purchase of medical products. According to a report by CNBC, Amazon said it was “excited to announce” the...
Amazon’s recent moves in pushing groceries, closing pop-up stores and zeroing in on advertising could help the online retail giant grow profits, KeyBanc analysts said. CNBC reported that the analysts lifted Amazon’s price target and they also raised their allocation recommendations to overweight. The price...
Amazon has been testing a new feature on its mobile app where it forces users to either click through or select a pop-up ad for a cheaper product, according to a report by The Wall Street Journal. The paper used this example: When someone was...
According to a new study by Amazon, improved access to digital tech could help rural businesses add 360,000 full-time jobs and contribute an additional $140 million to the U.S. economy. The study, carried out by the U.S. Chamber of Commerce, founded that some 20 percent...
A new study by eMarketer says more than half (51.3 percent) of U.S. households will have Amazon Prime memberships this year, a number that would equal 63.9 million households in total. Prime membership growth will be driven by lower-income households and other Prime holdouts, who...
Amazon, worried that it could run afoul of antitrust laws, will stop preventing third-party sellers from hawking their products on other websites for a lower price. According to a report in CNN, Amazon confirmed that the new policy kicked off this week but declined to...
