Amazon.com Inc. has started delivering items from brick-and-mortar stores in a dozen metro areas, the e-commerce giant’s latest effort to make more products available for speedy delivery.
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Extras
On the Bubble
Amazon Starts Same-Day Deliveries From Stores in Metro Areas
Amazon Reports Strong Sales That Ease Fears of Slowdown
Amazon .com Inc. reported revenue that topped estimates and gave a strong sales forecast for the current quarter, allaying investor concerns about potential belt-tightening by inflation-rattled consumers. Shares jumped more than 10% in extended trading.
Walmart Cuts Full-Year Profit Outlook
Walmart Inc. cut its annual profit outlook for the second time this year, citing the need to lower prices to clear out bloated inventories.
Walmart Canada Adds 60-Foot Multizone Refrigerated Trailer
Walmart Canada has expanded its fleet to include for the first time in North America a 60-foot multitemperature-zone refrigerated trailer, built by Utility Trailer Manufacturing Co.
PepsiCo Boosts Outlook After Increasing Prices
PepsiCo Inc. is winning the inflation battle so far, successfully passing on surging commodity costs by persuading consumers to pay more for their soda and chips.
Amazon Prime Day Comes Amid Slowdown in Online Sales Growth
Amazon is heading into its annual Prime Day sales event today much differently from how it entered the pandemic.
Walmart Expands Program That Delivers Right to Your Fridge
Walmart can now drop off groceries right into customers’ refrigerators via its InHome delivery service in several large metropolitan areas, the retailer announced July 6.
Amazon Will Take Stake in Grubhub, Offer Prime Users Membership
Just Eat Takeaway.com NV’s shares jumped the most in almost four years after Amazon.com Inc. agreed to take a stake in its Grubhub business.
Walmart Announces New Charges for Suppliers
Walmart Inc. is hitting some suppliers with two new charges as it struggles to soften the blow of surging transportation costs.
Amazon Names New Head for Troubled Retail Business
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