Amazon plans to reduce the number of managers in each of its organizations and to require employees to work primarily in an office. The company is making these changes as part of its efforts to “operate like the world’s largest startup,” Amazon CEO Andy Jassy...
For Amazon CEO Andy Jassy, Amazon Pharmacy has made big strides and provides a stellar customer experience. During the company’s second-quarter earnings call on Aug. 1, Jassy noted Amazon Pharmacy’s progress since it launched in November 2020. “On the pharmacy side, you’re seeing that business...
As retail giants Amazon and Walmart compete to be consumers’ go-to for more of their day-to-day needs, the two companies are looking to delivery times as a key factor influencing shopper loyalty. Amazon, for its part, shared on its Q2 earnings call last week how...
As consumers grow tired of retailers’ increasing utilization of locked display cases, cable ties and electronic tags, many are switching to digital channels to eliminate this major friction point, Amazon CEO Andy Jassy noted. On the eCommerce giant’s earnings call Thursday (Aug. 1), Jassy spoke...
August 09, 2024
As retail giants Amazon and Walmart compete to be consumers’ go-to for more of their day-to-day needs, the two companies are looking to delivery times as a key factor influencing shopper loyalty. Amazon, for its part, shared on its Q2 earnings call last week how boosting delivery speeds is increasing consumers’ spending in key consumables […]
August 01, 2024
While Wall Street didn’t like what it saw or heard from Amazon’s Q2 earnings, from a consumer spending standpoint there was a lot to like. For now. Across all operating...
August 11, 2023
Seemingly as long as the world’s top two retailers have competed, Walmart has been considered the go-to for groceries while Amazon leads in non-food sales. Walmart’s crown in groceries is...
September 16, 2024
Amazon plans to reduce the number of managers in each of its organizations and to require employees to work primarily in an office. The company is making these changes as part of its efforts to “operate like the world’s largest startup,” Amazon CEO Andy Jassy wrote in a message shared with the company’s employees and […]
August 28, 2023
Amazon is testing a change to its free shipping policy — a $35 minimum purchase requirement for customers who are not members of its Prime loyalty program. This move comes...
August 15, 2023
Amazon’s devices chief is planning to exit the company. David Limp, who oversees products like the company’s Alexa assistant, intends to retire in the coming months, the executive and Amazon CEO Andy...
July 21, 2023
Amazon’s return-to-the-office mandate is reportedly being ramped up across the country. Employees working remotely or located in smaller remote offices are being told they may have to return to what the...