Business, Technology, Autonomous

Amazon Plans to Open Cashierless Supermarkets Next Year

Amazon David Ryder/Bloomberg News is preparing to open Amazon Go supermarkets and pop-up stores, an expansion of the company’s cashierless ambitions that includes the possibility of licensing the technology to other retailers.

Matt Day | Bloomberg News
November 20, 2019
Business, Logistics

Amazon Accused of Forcing Up Prices in Antitrust Complaint

Amazon Employees process merchandise at the fulfillment center in Phoenix, Ariz. (David Paul Morris/Bloomberg News)

In a letter sent to federal lawmakers, an online merchant has accused of forcing him and other sellers to use the company’s expensive logistics services, which in turn forces them to raise prices for consumers.

Spencer Soper | Bloomberg News
November 8, 2019
Business, Technology, Logistics

Amazon’s Transportation Costs Surge in Q3; Financial Results Mixed

Amazon truck in Seattle An Amazon trailer sits in Seattle. The company's Q3 profits didn't meet Wall Street's expectations, but revenue was higher than expected. (Stephen Brashear/AP Images for Amazon)’s shipping costs skyrocketed 46% year-over-year in the third quarter to a record $9.6 billion, an increase of more than $500 million over what the online retail giant spent during the same period in 2018.

Dan Ronan | Associate News Editor
October 29, 2019
Business, Technology, Logistics

Walmart Subsidizing Some Vendors in Price War With Amazon

Walmart vs. Amazon price war A Walmart sign (left, Patrick T. Fallon/Bloomberg News) and Amazon package (right, Andrew Harrer/Bloomberg News).

Hold on to your smartphone — the holiday price wars between Walmart Inc. and Inc. are heating up.

Matthew Boyle | Bloomberg News
October 15, 2019

Amazon Expands Two-Hour Whole Foods Delivery

Whole Foods store Rogelio V. Soiis/Bloomberg News

Ever since bought Whole Foods in 2017 for $13.7 billion, shoppers and investors have wondered how the e-commerce giant would integrate the upscale grocer into its sprawling online operation. Now, after two years of tinkering, Amazon is betting big on quick delivery from Whole Foods.

Spencer Soper | Bloomberg News
September 20, 2019
Business, Technology

Amazon Heeds Calls for Environmental Action

Amazon fulfillment center Krisztian Bocsi/Bloomberg News contributed more greenhouse gas emissions last year than some big competitors in retail, logistics and technology, but less than rival Walmart Inc. and the world’s biggest energy companies, highlighting the growing scale and diverse businesses of the conglomerate.

Matt Day and Eric Roston | Bloomberg News
September 20, 2019
Business, Technology, Fuel, Logistics

Amazon Plans 100,000-Electric-Vehicle Order From Rivian

Rivian Patrick T. Fallon/Bloomberg News

Amazon will buy 100,000 electric vans to assist with Prime deliveries, according to CEO Jeff Bezos, who made the announcement at the National Press Club in Washington on Sept. 19.

Jim Stinson | Staff Reporter
September 19, 2019
Government, Business, Technology, Logistics

Bezos Makes ‘Climate Pledge’ for Amazon

Amazon Krisztian Bocsi/Bloomberg News

Acknowledging a steady drumbeat of criticism from activists and a vocal group of his own employees, founder and CEO Jeff Bezos announced the formation of a new organization, the Climate Pledge, to meet the goals of the landmark Paris climate agreement 10 years early.

Brad Stone | Bloomberg News
September 19, 2019
Business, Logistics

Amazon Falls After Report That the Company Prioritized Profit in Its Search Listings

Amazon boxes Jim Young/Bloomberg News shares fell following a report that the e-commerce giant adjusted its product search results to emphasize items that are more profitable to the company.

Matt Day | Bloomberg News
September 16, 2019
Business, Logistics

Amazon to Open Hub for Air Delivery in Fort Worth

Amazon boxes stacked near a an Amazon "Prime Air" cargo plane in Seattle Amazon boxes stacked near a Boeing 767 Amazon "Prime Air" cargo plane in a Boeing hangar in Seattle, on Aug. 4, 2016. (Associated Press/Ted S. Warren)

Amazon is bringing its latest hub for air delivery to Fort Worth.

Jack Howland | Forth Worth Star-Telegram
September 12, 2019