Amazon

Business, Technology, Logistics, Private

Amazon Names New Head for Troubled Retail Business

Amazon warehouse Krisztian Bocsi/Bloomberg News

Amazon CEO Andy Jassy on June 21 named a new head for the company’s troubled retail business, which is dealing with a glut of warehouse space after a massive expansion during the pandemic.

June 21, 2022
Business, Logistics

Google Takes Another Run at E-Commerce, and Amazon

Google's search engine page on a smartphone Google's search page is displayed on a smartphone. (Gabby Jones/Bloomberg News)

In the past, Google has tried emulating Amazon.com Inc.’s online retail and delivery services, with little luck. Now the search giant is positioning itself as a kind of anti-Amazon, a free marketplace for merchants and Amazon rivals that’s designed to get consumers more comfortable shopping with Google.

Mark Bergen | Bloomberg News
May 25, 2022
Business, Logistics, Private

Amazon to Sublease Warehouses as Online Shopping Slows

Amazon A truck arrives at the Amazon warehouse facility on Staten Island, New York. (Associated Press Photo/Eduardo Munoz Alvarez, File)

Amazon is planning to sublease some of its warehouse space now that the pandemic-fueled surge in online shopping, which helped the e-commerce giant rake in soaring profits in the past two years, has eased.

May 24, 2022
Business, Equipment, Fuel

Rivian Dispute With Seat Supplier Could Delay Production of Amazon Vans

An Amazon Rivian electric delivery van at the company's manufacturing facility in Normal, Ill. An Amazon Rivian electric delivery van at the company's manufacturing facility in Normal, Ill. (Jamie Kelter Davis/Bloomberg News)

Rivian Automotive Inc. fell almost 7% May 16 on word the electric vehicle startup is in a dispute with a key seat supplier that could jeopardize its delivery van contract with patron Amazon .com Inc.

Sean O'Kane | Bloomberg News
May 16, 2022
Government, Business, Safety, Logistics, Private

New York Appeals Court Dismisses Suit Against Amazon

New York Attorney General Letitia James New York Attorney General Letitia James filed the suit, which claimed that Amazon illegally retaliated against workers who spoke up about poor safety conditions in its warehouses. (Seth Wenig/Associated Press)

NEW YORK — An appeals court in New York dismissed New York Attorney General Letitia James’ lawsuit against Amazon over its coronavirus safety protocols and a former employee who led the successful union organizing effort on Staten Island.

Haleluya Hadero | Associated Press
May 10, 2022
Government, Business

Amazon Workers in NYC Reject Union in a Reversal of Fortune

Amazon Chris Ratcliffe/Bloomberg News

Amazon warehouse workers on Staten Island in New York City overwhelmingly rejected a union bid on May 2, dealing a blow to organizers who last month pulled off the first successful U.S. organizing effort in the retail giant’s history.

Haleluya Hadero | Associated Press
May 2, 2022
Business, Technology, Private

Amazon to Shutter Six Whole Foods Stores

Whole Foods A shopper at a Whole Foods in Ohio. (Ty Wright/Bloomberg News)

Amazon.com Inc. will close six Whole Foods Market locations in four states, almost two months after shutting dozens of bookstores and gift shops around the country.

May 2, 2022
Business, Logistics, Private

Amazon Falls, Projects Slower Growth as Online Sales Stall

Packages move along a conveyor at an Amazon fulfillment center Packages move along a conveyor at an Amazon fulfillment center. (Michael Nagle/Bloomberg News)

Amazon .com Inc. projected sluggish second-quarter sales growth, as consumers reduce their online spending amid rising inflation and a return to pre-pandemic activities. The shares plunged about 10% in extended trading.

Matt Day | Bloomberg News
April 28, 2022
Business, Technology, Equipment, Safety, Logistics, Autonomous

Amazon to Invest $1 Billion in Logistics, Robotics Companies

Amazon Robots sort and transport packages at the Amazon Air Hub in Hebron, Ky. (Jeffrey Dean/Bloomberg News)

Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.

Matt Day | Bloomberg News
April 21, 2022
Business, Technology, Logistics, Private

Amazon Targets Shopify With New ‘Buy With Prime’ Service

Amazon Jim Young/Bloomberg News

Amazon.com Inc. said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc.

Spencer Soper | Bloomberg News
April 21, 2022

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