Amazon chose a 14-year company veteran to head up its new pharmacy business. Citing an internal company document, CNBC reported that Nader Kabbani is now “vice president of consumables, special projects.” Employees in the unit reporting to Kabbani include the team at PillPack, which Amazon acquired for more than...
As sellers on the Amazon marketplace await possible fee changes for that platform — and consider if selling via rival marketplace might make sense — those sellers also have to determine if the eCommerce operator’s Fulfillment by Amazon service is worth it. That holds especially true...
Amazon could be looking into merging its China unit with eCommerce platform Kaola, which is owned by NetEase, according to a report by CNBC. Amazon does not have a significant market share in the country, and Anthony Chukumba, managing director of Chicago-based firm Loop Capital,...
Ever since Amazon turned its gaze to healthcare, questions about the eCommerce operator’s plans and intentions have outnumbered answers. That’s still true, and may remain so for the time being, but this week new details emerged that, at the least, is shedding light on Amazon’s...
A new report shows that smart speaker sales are on the rise, with Amazon taking the top spot in shipments. Strategy Analytics reported that in the fourth quarter of 2018, shipments of smart speakers grew 95 percent from 22.6 million units in Q3 to 38.5...
The eCommerce giant Amazon’s efforts to create its own private-label offerings in different product categories appears to be on the rise, with the company reportedly recruiting partners in its Amazon Exclusives program, reported Retail Dive. According to the unsourced report, by offering more brands the...
In a move to better control shipping and logistics, Amazon has been expanding Amazon Air, with 50 new planes and numerous regional hubs, according to a report by CNBC. The expansion includes a $1.5 billion hub in Northern Kentucky, scheduled to be open in 2021....
Hope springs eternal. Nothing happens in a vacuum. A day after Amazon said it would not build a headquarters in New York City after all, those two ancient lessons are holding true. Chicago Dreaming Chicago provides an example of how optimism endures in payment and...
Amazon is bringing its cashless store concept, Amazon Go, to the U.K., and has secured retail space in London to do so, according to reports. The move would be the company’s first expansion of the concept outside of the U.S., where it has 10 of...
