Amazon Pays $50 Million for Former Old Chicago Amusement Park, Mall
Online retail giant Amazon .com Inc. has paid more than $50 million for the former site of Old Chicago, an indoor amusement park and mall in Bolingbrook that predated massive experiential shopping centers like Minnesota’s Mall of America.
Amazon Finally Closes Above $1 Trillion After Months of Close Calls
Amazon .com Inc. closed with a valuation above $1 trillion for the first time Feb. 4, after failing to hold above that threshold through the end of a trading day in the previous two sessions.
Amazon Leases Large New Warehouse Near Dallas
Amazon .com Inc. is expanding its North Texas distribution footprint again with another big warehouse lease.
Amazon Offers New Jobs to Employees in Pinnacle's 1,600-Person Layoff
An aviation and trucking company that operates out of BWI Thurgood Marshall Airport will lay off more than 1,600 people this spring, and Amazon has offered all hourly employees jobs at the same location.
Amazon to Make New Staten Island Warehouse a Delivery Station
Amazon says a new 450,000-square-foot warehouse leased in Bloomfield will be used as a delivery station that will help speed up deliveries to local residents.
Amazon, DHL Among Founding Members of New Electric Vehicle Coalition
Amazon and DHL are initial members of a new industry group set up to help companies electrify their vehicle fleets and support policies that enable electrification.
Americans Hit Fresh Online-Buying Milestone in 2019
Online shopping in the U.S. hit a new milestone in 2019, with a key metric surpassing every major category of brick-and-mortar stores except for big-ticket autos.
Amazon Lifts Restriction on Sellers Using FedEx to Ship Packages
Amazon .com Inc. lifted restrictions established during the holiday shopping season that had prevented third-party merchants selling goods on the site from shipping packages with FedEx Corp.’s ground service.
January 14, 2020Amazon Plans Large Distribution Center Near Chicago
Amazon plans to open a three-building distribution center on the site of the former Maywood Park horse track near Chicago, as part of the e-commerce giant’s ongoing race to deliver packages to customers faster.
Amazon Leads S&P 500 After Reporting ‘Record’ Holiday Sales
Amazon.com Inc.’s stock had the biggest advance on the S&P 500 Index after the e-commerce giant said its holiday season this year was “record-breaking,” with billions of items shipped and “tens of millions” of Amazon devices like the Echo Dot sold.