October 27, 2023 by MMR
Amazon, Amazon CEO Andy Jassy, Amazon.com Inc., Andy Jassy, AWS
Featured Articles, Leading Headlines, Money, Retail News
SEATTLE — Amazon.com Inc. reported third-quarter revenue and earnings that topped analysts’ forecasts, and the e-commerce giant said it expects fourth-quarter net sales to be between $160 billion and $167 billion, which would be an increase of between 7% and 12% compared with the fourth quarter of 2022. For the fiscal third quarter ended September
September 27, 2023 by MMR
Amazon.com Inc., antitrust lawsuit, Federal Trade Commissiion
Featured Articles, Leading Headlines, Retail News
SEATTLE — The Federal Trade Commission and 17 state attorneys general filed a lawsuit against Amazon.com Inc. on September 26 alleging that the company is a monopoly that uses “anticompetitive and unfair strategies” that harm rivals and consumers and stifle innovation. “The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly
September 18, 2023 by MMR
Amazon Prime, Amazon.com Inc., Prime Big Deal Days
Leading Headlines, Retail News
SEATTLE — Amazon.com Inc. announced Prime Big Deal Days, a holiday shopping event beginning October 10 and running through October 11. Amazon will make it easier for Prime members to find deals they’re interested in with personalized recommendations based on past purchases, browsing history, and items saved to their Lists. Prime members will have access
August 4, 2023 by MMR
Amazon, Amazon CEO Andy Jassy, Amazon.com Inc., AWS
Featured Articles, Leading Headlines, Money, Retail News
SEATTLE — Amazon.com Inc. reported net sales of $134.4 billion in the second quarter of fiscal 2023, an 11% increase compared to the same period in 2022 when net sales stood at $121.2 billion. Sales in North America totaled $82.5 billion for the quarter, up 11% versus the prior year period, while the company’s international sales
February 3, 2023 by MMR
Amazon.com Inc., CEO Andy Jassy, fourth-quarter earnings
Featured Articles, Leading Headlines, Money
SEATTLE – Amazon on February 2 reported revenue of $149 billion for its fourth quarter, beating estimates with a 9% increase from a year earlier. But profits declined 98% year on year to $278 million due to higher costs and expenses that included charges related to its layoff of 18,000 employees, a pre-tax valuation loss
April 28, 2022 by MMR
2022 first quarter, Amazon, Amazon CEO Andy Jassy, Amazon.com Inc., Rivian Automotive Inc.
Featured Articles, Leading Headlines, Money, Retail News
SEATTLE — Amazon.com Inc. recorded net sales of $116.4 billion in the first quarter of fiscal 2022, an increase of 7% versus the prior-year period. But that gain is the company’s smallest in years and compares to a 44% increase in last year’s first quarter. The company also had a net loss of $3.8 billion in
April 1, 2019 by MMR
Amazon, Amazon.com Inc., Whole Foods, Whole Foods Market
Featured Articles, Leading Headlines, Retail News
AUSTIN, Texas — Amazon’s Whole Foods Market chain on Monday announced a new round of price cuts on fresh produce and other items across the store. Members of Amazon prime will also get more benefits when shopping at Whole Foods, including additional exclusive weekly deals on popular items. The new prices will go into effect
February 1, 2019 by MMR
Amazon.com Inc., fiscal results, fourth quarter
Featured Articles, Money
SEATTLE — Amazon.com Inc. reported strong sales and net earnings gains for the fourth quarter, beating analysts’ estimates. But the company’s forecast for first quarter sales growth fell short of analysts’ projections, and shares fell in early morning trading on Friday. Net sales increased 20% to $72.4 billion in the fourth quarter ended December 31. Net
July 24, 2018 by MMR
Amazon.com Inc., Prime Now, Whole Foods Market
Featured Articles, Leading Headlines, Retail News
SEATTLE — Amazon.com Inc. and its Whole Foods Market chain said Tuesday that they are expanding the delivery of natural and organic products from Whole Foods Market stores through Amazon’s Prime Now service in the greater Miami and New York metropolitan areas. Prime members in those cities can shop through online, or by using the Prime
April 18, 2018 by MMR
Amazon.com Inc., Best Buy, Fire TV Edition
Leading Headlines, Retail News, Topics
SEATTLE —Amazon.com Inc. is teaming up with its sometimes rival Best Buy to sell Amazon’s latest smart TVs. Best Buy is becoming the exclusive retail partner to sell Fire TV Edition televisions made by Toshiba and Insignia (Best Buy’s house brand). Beginning this summer, Best Buy will sell more than 10 Fire TV Edition televisions
November 27, 2017 by MMR
Amazon.com Inc., Prime, Whole Foods Market
2017, Issue 11-27-2017, Issues
NEW YORK — Amazon.com Inc. announced it had lowered prices on holiday favorites and other popular items at Whole Foods Market and was offering even greater discounts for Prime members. Whole Foods shoppers can buy organic turkeys for $3.49 per pound, while the price of antibiotic-free turkeys was cut to $2.49 per pound. For Prime
September 11, 2017 by David Pinto
Amazon.com Inc., David Pinto
2017, Issue 09-11-2017, Issues, Opinion
Suddenly, without warning, mass retailing is experiencing a transformation without precedent — or, at the least, without precedent in this century. Within the space of days, Amazon.com Inc. has purchased Whole Foods Market Inc., an alliance that brings together two of the most fascinating retailers currently vying for business in America, while Walmart has entered