Amazon Closing All Bookstores, Shops to Focus on Grocery Sector
Amazon .com Inc. is closing all of its physical bookstores, “Amazon 4-Star” locations and mall pop-up kiosks as the world’s largest online retailer narrows its brick-and-mortar push to the grocery sector.
San Francisco Lawmaker Pushes to Delay Amazon’s Expansion
A San Francisco supervisor has introduced legislation that would seek to place an 18-month moratorium on all new parcel delivery services in the city, including Amazon’s proposed 725,000-square foot, last-mile logistics center in Showplace Square.
Amazon in Pact for Potential Stake in Sensor Maker Velodyne
Velodyne Lidar Inc. shares more than doubled in late trading Feb. 7 after Amazon.com Inc. acquired warrants that could lead to a stake in the auto-sensor maker.
Amazon’s $191 Billion Jump Sets Record for Market Value Gain
Amazon.com Inc. shares surged 14% on Feb. 4, adding about $191 billion in market value, after investors cheered its fourth-quarter earnings report. The advance was the biggest single-day gain in U.S. stock market history.
Amazon Heads to the Mall With Prototype Clothing Store
Amazon .com Inc. plans to open a clothing store in a Southern California mall later this year, marking the latest foray into brick-and-mortar for the online retailing giant, which already sells more than 10% of all clothes in the U.S.
NLRB Sets Amazon Union Vote in Alabama
Amazon.com Inc. employees in Bessemer, Ala., will vote by mail next month in a rerun election on whether to unionize, the National Labor Relations Board announced Jan. 11.
Amazon, Stellantis Team Up on Auto Software and Delivery Vehicles
Amazon.com Inc. is partnering with Stellantis NV to develop software with the carmaker and agreed to buy a new electric delivery van.
Amazon Settles With NLRB to Give Workers Power to Organize
NEW YORK — Amazon, under pressure to improve worker rights, has reached a settlement with the National Labor Relations Board to allow its workers to freely organize — and without retaliation.
Amazon Labor Group Refiles Union Petition in New York
Amazon.com Inc. workers seeking to unionize four facilities in New York City said they now have enough signatures to call for a vote.
Amazon-Backed Grocer Weighs India IPO at $5 Billion Value
More Retail, an Indian grocery chain backed by Amazon.com Inc., is considering an initial public offering that could value the company at as much as $5 billion, according to people with knowledge of the matter.