Amazon, Walmart Reel as India Curbs Plunge Market Into Chaos
Amazon.com’s and Walmart Inc.’s grand plans for India were thrown into chaos Feb. 1 after the country implemented new e-commerce regulations, which could cut their growth in the market by as much as half this year.
Amazon Sales, Profit Top Estimates as Retail, Advertising Soar
Amazon.com Inc.’s sales and earnings in the busy holiday quarter beat analysts’ estimates, showing the world’s biggest web retailer can maintain rapid growth while improving profitability and fending off online competition from rivals such as Walmart Inc.
Amazon Likely to Post Slowest Revenue Growth Since 2015
Amazon.com reports fourth-quarter results after the market closes Jan. 31, with analysts braced for a relatively weak read on revenue growth, and focusing instead on the benefits cloud-computing and advertising have had on its margins.
FedEx Introduces Way for Retailers to Outrace Amazon in Delivery
FedEx Corp., looking beyond Amazon.com Inc. for growth in e-commerce, is introducing a new late-night shipping option for retailers who want to speedily send orders directly to online customers.
Google’s Bid to Battle Amazon Suffers Blow As Walmart Withdraws
Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com in e-commerce.
Amazon to Test Delivery Robots on Seattle-Area Sidewalks
Amazon.com will use robots to deliver packages in the suburbs north of Seattle, its latest experiment to automate the last mile of delivery that is a labor-intensive and costly component of buying products online.
Amazon Arrival Helps Chicago Rockford International Airport Break Cargo Record
ROCKFORD, Ill. — More than 2.1 billion pounds of cargo made its way through Chicago Rockford International Airport in 2018 — shattering the previous record, set in 2017, by 55%.
January 22, 2019Amazon Air Announces Significant Expansion in Major Markets
The air transport division of online retailer Amazon is expanding its capacity at a regional airport near Chicago that markets itself as an alternative to the city’s O’Hare International Airport, the nation’s sixth busiest cargo facility.
Amazon Thrives on FedEx Delivery Model, but Driver Pay Challenges Persist
Five years on, Amazon.com Inc.’s chief executive officer is betting on decidedly more terrestrial technology: Drivers. As in real people. Tens of thousands of them. High-tailing it through town in gas-slurping vans to leave packages on doorsteps just like the milkman, postal worker, UPS guy and pizza dude before them.
Employees at Amazon’s New NYC Warehouse Launch Union Push
A committee of employees at Amazon.com’s recently opened Staten Island fulfillment center is going public with a unionization campaign, a fresh challenge to the e-commerce giant in a city where it plans to build a major new campus.