Final sales for Cyber Monday fell short of estimates and didn’t surpass last year’s record as lackluster sales and scarce inventory kept shoppers from breaking out their credit cards during the start of the holiday shopping season.
November 30, 2021Spencer Soper
Business, Technology
Bins move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, N.J. (Michael Nagle/Bloomberg)
Cyber Monday Misses Estimates on Short Supply, Weak Deals
Bins move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, N.J. (Michael Nagle/Bloomberg)
Business
People holding signs during the campaign in Bessemer. (Elijah Nouvelage/Bloomberg)
Amazon Staten Island Warehouse Workers Lead Push to Unionize
People holding signs during the campaign in Bessemer. (Elijah Nouvelage/Bloomberg)
More than 2,000 workers at four Amazon.com Inc. facilities in Staten Island have signed a petition asking federal labor officials to greenlight an election to form a new union, according to organizers, the latest spasm of labor strife between the e-commerce giant and its employees.
October 21, 2021
Business, Technology, Logistics, Top 100
An Amazon Prime delivery van sits parked on a street in Seattle. (Jimmy Anderson/Getty Images)
Amazon to Pass Walmart in Retail Sales in 2025, Report Says
An Amazon Prime delivery van sits parked on a street in Seattle. (Jimmy Anderson/Getty Images)
Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.
April 27, 2021
Business, Logistics
Amazon boxes sit stacked at a USPS facility in Fairfax, Va., on May 19. (Andrew Harrer/Bloomberg News)
Amazon Merchants Say Deliveries of Some Products Are Delayed
Amazon boxes sit stacked at a USPS facility in Fairfax, Va., on May 19. (Andrew Harrer/Bloomberg News)
Amazon .com Inc. merchants around the U.S. say some products that normally reach customers in one or two days are now taking a week or longer just as the world’s largest online retailer heads into what’s expected to be a record-busting holiday shopping season.
November 25, 2020
Business, Logistics
Packed boxes move along a conveyor belt at an Amazon fulfillment center in Tilbury, U.K. (Jason Alden/Bloomberg News)
Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods
Packed boxes move along a conveyor belt at an Amazon fulfillment center in Tilbury, U.K. (Jason Alden/Bloomberg News)
The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store.
September 16, 2020
Business, Logistics
A shopping cart filled with Amazon Prime grocery bags sits outside a Whole Foods store in Washington on March 31. (Andrew Harrer/Bloomberg News)
Amazon Looks to Use More Contractors for Grocery Delivery
A shopping cart filled with Amazon Prime grocery bags sits outside a Whole Foods store in Washington on March 31. (Andrew Harrer/Bloomberg News)
Amazon .com Inc. is experimenting with a new program that pays independent contractors to fetch groceries from shelves in Whole Foods stores and deliver them in their own vehicles.
September 15, 2020
Business, Technology, Logistics
Boxes move along a conveyor belt at an Amazon fulfillment center in New Jersey. (Michael Nagle/Bloomberg News)
Amazon Plows Through Pandemic With Record Profit
Boxes move along a conveyor belt at an Amazon fulfillment center in New Jersey. (Michael Nagle/Bloomberg News)
Amazon .com Inc. justified its big investments to keep operating through the COVID-19 pandemic with sales growth and a record profit that far exceeded analysts’ estimates, showing that staying open when so many businesses were forced to close was a rare opportunity.
July 31, 2020
Business
Tesla CEO Elon Musk by Andrew Harrer/Bloomberg News
Elon Musk Says Time to Break Up Amazon, Fueling Jeff Bezos Feud
Tesla CEO Elon Musk by Andrew Harrer/Bloomberg News
Tesla Inc. CEO Elon Musk said it’s “time to break up Amazon” in a tweet June 4, escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos, another billionaire investing in space exploration.
June 5, 2020
Business, Logistics
A Prime Air cargo plane operated by Amazon sits on display in France in June 2019. (Jason Alden/Bloomberg News)
Amazon Prime Air Could Surge to 200 Jets From 42, Study Says
A Prime Air cargo plane operated by Amazon sits on display in France in June 2019. (Jason Alden/Bloomberg News)
Amazon .com Inc.'s Prime Air fleet will grow to about 200 planes — up from 42 now — in the next seven or eight years, creating an air cargo service that could rival UPS Inc., according to a study.
May 26, 2020
Business, Safety, Logistics
Sealed boxes move along a conveyor belt into a truck dock at an Amazon fulfillment center in Germany in July 2019. (Krisztian Bocsi/Bloomberg News)
Amazon Says Deliveries Returning to Normal After COVID-19 Crush
Sealed boxes move along a conveyor belt into a truck dock at an Amazon fulfillment center in Germany in July 2019. (Krisztian Bocsi/Bloomberg News)
Amazon .com Inc. says the one- and two-day delivery times that shoppers have come to expect should gradually return in coming weeks as the online retailer catches up from a demand surge tied to the coronavirus outbreak.
May 13, 2020