Amazon Has ‘Destroyed’ US Retail Industry, Says Treasury Secretary Steven Mnuchin
U.S. Treasury Secretary Steven Mnuchin alleged that Amazon has “limited competition” and harmed the retail industry as the Trump administration announced a broad antitrust review into whether technology companies are using their power to thwart rivals.
Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms
Same-day shipping is becoming more common for online shoppers, but for smaller merchants it can be a logistical nightmare. That’s where Shopify Inc. can step in, says Ric Kostick, CEO of 100% PURE.
Amazon Hit With Consumer Complaint Over Prime Day Endorsements
Amazon should be investigated by U.S. regulators over undisclosed paid endorsements on Prime Day, Washington-based Public Citizen, a consumer advocacy group says.
Amazon Hub to Net Estimated $111.7 Million for Florida City
The first question city officials were asked when news broke that Amazon was building an air cargo complex in Lakeland was how would the project benefit area residents. The calculations are in.
Data Suggests Amazon Customers Not Sold on Prime
Internet searches for “Canceling Amazon Prime” were 18 times higher June 15 — the beginning of Amazon.com’s two-day sale — than the previous day, according to search engine monitoring firm Captify, suggesting shoppers did not want to make a long-term commitment to the giant online retailer.
Amazon Bargain Days Give Porch Pirates Prime Opportunity
Amazon’s Prime Day gives shoppers an opportunity to flex their deal-spotting muscles ahead of Black Friday. It also gives package thieves their own chance to warm up.
Amazon Prime Day Boosted by Promotion From Taylor Swift, Other Celebs
Amazon.com is tapping high-profile actors, athletes and social-media sensations like never before to maintain buzz around its Prime Day summer sale, now in its fifth year and battling increasing competition from rivals.
Amazon Commits $700 Million to Retrain Workers in New Skills
Amazon.com Inc. said it will spend $700 million to retrain about one-third of its U.S. workforce in skills needed to thrive in the new economy.
Amazon Back on Cusp of $1 Trillion Value After 7-Day Streak
Amazon.com Inc. is flirting with a $1 trillion valuation again after posting its longest winning streak since briefly surpassing that level in September.
Two Years After Amazon Deal, Whole Foods Is Just $10 Cheaper
Amazon.com’s $13.7 billion purchase of Whole Foods Market spawned endless speculation about how the internet giant would change the upscale grocer. Two years later, we’ve got an answer: Ten bucks.