Amazon
Amazon Plans to Open Cashierless Supermarkets Next Year
David Ryder/Bloomberg News
Amazon.com 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.
November 20, 2019Amazon Accused of Forcing Up Prices in Antitrust Complaint
Employees process merchandise at the Amazon.com fulfillment center in Phoenix, Ariz. (David Paul Morris/Bloomberg News)
In a letter sent to federal lawmakers, an online merchant has accused Amazon.com of forcing him and other sellers to use the company’s expensive logistics services, which in turn forces them to raise prices for consumers.
November 8, 2019Amazon’s Transportation Costs Surge in Q3; Financial Results Mixed
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)
Amazon.com’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.
October 29, 2019Walmart Subsidizing Some Vendors in Price War With Amazon
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 Amazon.com Inc. are heating up.
October 15, 2019Amazon Expands Two-Hour Whole Foods Delivery
Rogelio V. Soiis/Bloomberg News
Ever since Amazon.com 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.
September 20, 2019Amazon Heeds Calls for Environmental Action
Krisztian Bocsi/Bloomberg News
Amazon.com 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.
September 20, 2019Amazon Plans 100,000-Electric-Vehicle Order From 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.
September 19, 2019Bezos Makes ‘Climate Pledge’ for Amazon
Krisztian Bocsi/Bloomberg News
Acknowledging a steady drumbeat of criticism from activists and a vocal group of his own employees, Amazon.com 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.
September 19, 2019Amazon Falls After Report That the Company Prioritized Profit in Its Search Listings
Jim Young/Bloomberg News
Amazon.com 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.
September 16, 2019Amazon to Open Hub for Air Delivery in Fort Worth
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.
September 12, 2019