Blockbuster Cyber Monday May Not Be Enough to Boost Market
Shoppers will spend an estimated $7.8 billion on Cyber Monday, Nov. 26 — a record — boosting a strong holiday shopping season, and Wall Street likely will shrug it off.
November 26, 2018Amazon Selects Washington, New York Metro Areas for Coveted ‘HQ2’ Sites
Amazon.com Inc. will build new offices in New York City and Arlington, Va., ending months of jockeying between potential locations across the country vying for a $5 billion investment that promises 50,000 high-paying jobs over almost two decades.
November 13, 2018As Transportation Costs Mount, Amazon Is Squeezing Suppliers to Curb Losses in Price Wars
Amazon.com Inc., locked in a margin-crushing price war, is offloading costs onto suppliers and limiting the number of single, low-priced items shoppers can purchase in an effort to offset rising shipping costs.
March 20, 2018Amazon's Investment in Warehouses, Robots Pays Off in Rising Sales and Bigger Profit
Years of investments in warehouses and robots and data centers and gadgets — that have often tested investor patience — paid off big for Amazon over the holidays.
February 2, 2018Amazon Expands Delivery Trial That Could Hurt FedEx, UPS
Amazon.com Inc. is expanding a service launched to make more groceries, cleaning supplies and other products available for quick delivery directly from merchants without overwhelming the e-commerce giant’s warehouses with additional inventory, according to documents reviewed by Bloomberg News.
January 29, 2018Amazon Narrows Field for Second Headquarters Location to 20
Amazon.com Inc. narrowed the field of cities for its proposed new headquarters to 20, with New York, Boston, Chicago, Miami and Austin, Texas, among the contenders.
January 18, 2018Amazon Launches ‘Business Prime’ to Bring Quick Delivery to Work
Amazon.com Inc. launched a Prime membership service for businesses, looking to replicate in the workplace the quick delivery of online orders that made it a go-to shopping destination for households.
October 24, 2017Analysis: To Understand Amazon’s Delivery Ambitions, Consider the Long Game
In the future—and you have to look far ahead when considering the movements of CEO Jeff Bezos—Amazon could expand the services to any merchant selling anything to anyone. This would push it deeper into the territory of UPS and FedEx.
October 6, 2017Amazon Is Testing Its Own Delivery Service to Rival FedEx and UPS
Amazon.com Inc. is experimenting with a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to two people familiar with the plan, which will push the online retailer deeper into functions handled by longtime partners UPS Inc. and FedEx Corp
October 5, 2017Amazon’s Warehouses Remind Market That Dominating E-Commerce Has a Price
Amazon.com Inc. reminded investors that luring shoppers away from stores and dominating the cloud-computing industry isn’t cheap.
July 28, 2017