Amazon’s Whole Foods Adds Delivery Fee in Some Cities
Amazon .com Inc. is tacking on a delivery fee for Prime members who shop at Whole Foods Market in several U.S. cities, an indication that the economics of grocery delivery continue to pose a challenge for even the world’s largest online retailer.
Amazon Delivers a Mixed Bag of Q2 Results
NEW YORK — Amazon on July 29 turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits.
Amazon Begins New Chapter as Jeff Bezos Hands Over CEO Role
NEW YORK — Amazon founder Jeff Bezos stepped down as CEO on July 5, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.
Amazon Says Its Carbon Footprint Grew 19% Last Year
Amazon said June 30 that its carbon footprint grew 19% last year as it rushed to deliver a surge of online orders during the pandemic.
Amazon Might Have to Sell Logistics Business Under Bill
Amazon .com Inc. could be forced to sell its valuable logistics services division — the network of warehouses and delivery hubs around the country that power quick delivery of online orders — under antitrust legislation proposed by a congresswoman from Amazon’s hometown of Seattle, according to a spokesman for the lawmaker.
Amazon in Talks to Buy Stake in AI Truck-Driving Startup Plus
Amazon .com Inc. has placed an order for 1,000 autonomous driving systems from self-driving truck technology startup Plus and has acquired the option to buy a stake of as much as 20%, Plus said in a regulatory filing.
Amazon to Hold Prime Day June 21-22
NEW YORK — Amazon said that it will hold its annual Prime Day on June 21 and 22, the earliest it has ever held the sales event.
June 2, 2021Bezos: Amazon’s Andy Jassy Will Become CEO on July 5
Amazon .com Inc.’s new CEO will take the reins on July 5, the 27th anniversary of the company’s incorporation, outgoing CEO Jeff Bezos said during the annual shareholder meeting on May 26.
Amazon Sued by D.C. AG in Antitrust Suit Over Pricing
Amazon .com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers.
Amazon Fuels Canada’s Severe Warehouse Shortage
With the pandemic driving a belated embrace of online shopping in Canada, Amazon .com Inc. has been gobbling up warehouses. That has pushed the vacancy rate in the Toronto area down to just 0.5%, making it the tightest market in North America, if not the world.