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Amazon Files Lawsuit Against 10K Facebook Groups Over Fake Reviews
July 19, 2022

Amazon filed a lawsuit against more than 10,000 Facebook group administrators for allegedly brokering fake reviews, including one called “Amazon Product Review,” which had more than 43,000 members.  “Today’s legal action is the latest step by Amazon aimed at stopping fraudsters who attempt to post...

Amazon
Amazon Fresh UK Price Matches Tesco
July 18, 2022

Amazon’s U.K. grocery business will match prices on hundreds of everyday items to those offered by rival Tesco, the country’s largest supermarket chain. According to a Bloomberg report Sunday (July 17), produce, meat and fish are among the categories that Amazon will price match. The...

Amazon
Amazon Plans to Add Over 4,000 UK Jobs Despite Global Slowdown
July 15, 2022

Amazon will be one of the 10 largest private sector employers in the U.K. when it adds more than 4,000 new permanent roles across the region by the end of this year, putting its total headcount in the area at about 75,000, according to a...

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Amazon Could Kill Private Label Unit Accounting for 1% of Sales
July 15, 2022

Amazon could be getting out of the private label business, which only account for about 1% of its retail sales, and has been reducing the number of products it sells under its own labels. The eCommerce and technology giant is considering the move partly because...

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Amazon Delivers Biggest Prime Day Event Ever
July 14, 2022

Proclaiming “this year’s event the biggest Prime Day event in Amazon’s history,” Amazon said the first of this year’s two Prime Day events saw over 300 million items sold worldwide, and Prime members saved more than $1.7 billion in the two-day sales frenzy. Whether it’s...

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Amazon Pitches Deal to Remedy EU Antitrust Charges While Watchdog Seeks Feedback
July 14, 2022

Hoping to settle two European Union (EU) antitrust probes, Amazon offered concessions on Thursday (July 14), including fair treatment to third-party sellers and banning the use of nonpublic data to compete with the merchants on its eCommerce site. The European Commission (EC), the 27-nation bloc’s...

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PYMNTS AM Radar: Live Commerce; Grocery Smackdown; Digitizing Agriculture; Payments as a Strategy; ICYMI
July 07, 2022

Today is Thursday, July 7 and the weekly jobless claims report and data on international trade come out this morning. Following scandal and criticism, U.K. Prime Minister Boris Johnson is set to resign today but will likely stay on in a transitional role until October....

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Amazon Lures Influencers to Fire Up Livestream Shopping in US
July 07, 2022

Livestream shopping has taken off in China but has failed to launch in the U.S. market, something Amazon is looking to change by attracting the right influencers to promote goods on its platform. “Livestream shopping is the future of retail,” Amazon Vice President of Advertising...

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Grubhub Deal Gives Amazon New Ammo in Walmart Food Fight
July 06, 2022

Amazon may be deeply embedded in consumers’ daily routines in so many aspects of their life — from ordering household essentials to streaming content — but the behemoth has yet to make a dent in competitor Walmart’s lead in food and beverage categories. Now the...