Spencer Soper

Business, Technology, Logistics, Top 100

Amazon to Pass Walmart in Retail Sales in 2025, Report Says

Amazon delivery van 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.

Spencer Soper | Bloomberg News
April 27, 2021
Business, Logistics

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) 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.

Spencer Soper | Bloomberg News
November 25, 2020
Business, Logistics

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. 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.

Spencer Soper | Bloomberg News
September 16, 2020
Business, Logistics

Amazon Looks to Use More Contractors for Grocery Delivery

Amazon will experiment with a program that pays independent contractors to fetch groceries. 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.

Spencer Soper | Bloomberg News
September 15, 2020
Business, Technology, Logistics

Amazon Plows Through Pandemic With Record Profit

Boxes move along a conveyor belt at an Amazon fulfillment center in New Jersey. 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.

Spencer Soper | Bloomberg News
July 31, 2020
Business

Elon Musk Says Time to Break Up Amazon, Fueling Jeff Bezos Feud

Tesla CEO Elon Musk 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.

Spencer Soper | Bloomberg News
June 5, 2020
Business, Logistics

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. 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.

Spencer Soper | Bloomberg News
May 26, 2020
Business, Safety, Logistics

Amazon Says Deliveries Returning to Normal After COVID-19 Crush

Amazon says deliveries are returning to normal after April's COVID 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.

Spencer Soper | Bloomberg News
May 13, 2020
Business

Amazon Merchants Spooked by Coronavirus Fallout Curtail Ad Spending

Amazon packages Melissa Lyttle/Bloomberg

Amazon merchants are shifting sales tactics in the face of shortages caused by effects of the coronavirus.

Spencer Soper | Bloomberg News
February 26, 2020
Business, Logistics

Dave Clark: The Man Who Built Amazon’s Delivery Machine

Amazon Employees fill online orders at the Amazon.com Inc. fulfillment center in Robbinsville, N.J. (Victor J. Blue/Bloomberg News)

Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations.

Spencer Soper | Bloomberg News
December 17, 2019

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