Amazon might not have announced plans to open a chain of hospitals (yet), but you can forgive people for letting their imaginations go there in recent days, after the eCommerce operator bought five-year-old pharmacy delivery company PillPack. The deal, announced last week, came after well-regarded...
Amazon.com Inc. announced Tuesday (July 3) that its Prime Day is being extended to 36 hours from last year’s 30 year, with the company touting more than one million deals during the shopping event exclusively for Prime members. In a press release the eCommerce giant...
Apple has long been in the lead to become the first $1 trillion company based on its stock market value, but Amazon, the nation’s leading eCommerce player, is closing in on the iPhone maker. According to news from Bloomberg, for several years, Apple has been the...
Amazon is rolling out a new system to manage the inventory of third-party merchants. Dubbed Inventory Performance Index, the solution aims to compel sellers to more efficiently use their allotted spaces in Amazon’s warehouses. As reported by CNBC, Amazon is launching the new system in an...
Though the exact data of the Amazon annual shopping holiday remains up in the air, analysts are becoming increasingly confident that whenever it actually happens, Amazon’s Private Label brands will likely get a starring role in the show. And this year, that cast of private...
Amazon announced Thursday (June 28) that it has inked a deal to acquire PillPack, the pharmacy focused on people in the U.S. who take multiple daily prescriptions. Terms of the deal were not disclosed. In a press release, Amazon said it was drawn to the...
Amazon is expanding Amazon Business, the platform for companies to purchase office supplies and services, by launching in Italy and Spain. According to a report in the Financial Times, the expansion of the platform underscores Amazon’s aim to serve the corporate market. Amazon Business launched...
Amazon’s Peter Faricy, the vice president of Amazon Marketplace, the remaining executive in the unit, has seen his role in the company reduced. CNBC, citing an internal document, reported that Faricy, who has worked at Amazon for twelve years, has no one reporting to him...
Following a beta accessible by invitation only, Amazon is rolling out Prime Wardrobe to all of its U.S. Prime customers. An executive with Amazon said the idea behind the service was to take the “pain points” out of shopping, ABC News reported. Kate Dimmock, the...
