SEATTLE — Amazon, a leading beneficiary of the surge in online shopping during the pandemic, on Thursday reported double-digit sales and earnings gains for the first quarter. Net sales increased 44% to $108.5 billion in the three months ended March 31, compared with $75.5 billion in the comparable period in 2020. The increase was 41%
SEATTLE — Amazon said Tuesday that it is expanding a service that delivers groceries into customers’ garages to every market where its regular grocery delivery service is available. Originally launched in five cities last November, the Key by Amazon In-Garage Grocery Delivery service will now be available in more than 5,000 U.S. cities and towns.
BENTONVILLE, Ark. — Walmart this month launched its Walmart+ membership program, which is designed to compete with Amazon Prime by leveraging in-store and online assets that include fuel discounts and unlimited free delivery from stores. Walmart+ membership, available beginning on September 15, will cost $98 a year or $12.95 a month and includes a 15-day
BENTONVILLE, Ark. – Walmart is reportedly set to open a new front in its fight for a bigger share of the digital marketplace. Technology news website Recode is reporting that Walmart this month will introduce Walmart+, a subscription service promising same-day delivery of groceries and general merchandise, as well as perks such as discounts on
SEATTLE — Amazon said revenue grew 24% to $70 billion in its third quarter. But earnings fell short of expectations as the company spent heavily to increase delivery capacity. The company is shifting from two-day to one-day shipping as a core benefit of its Amazon Prime subscription service. Amazon said it spent $9.6 billion on
SEATTLE — Amazon.com Inc. said Thursday that it would raise the annual subscription fee for its Prime members in the U.S. to $119 from $99, an increase of 20%. The announcement came as Amazon reported strong sales and earnings gains for the first quarter ended March 31. “We continue to increase the value of Prime,
SEATTLE — Amazon.com Inc. has opened two grocery pickup outlets in its home market, where it will allow company employees to test drive the service before it becomes available to the public. Operating under the AmazonFresh Pickup banner, the locations are designed to allow consumers to order groceries online, choose a time to pick them
LONDON — Amazon.com Inc. has signed a deal with Morrisons, Britain’s No. 4 supermarket chain, to sell food to U.K. customers via the Amazon Prime Now and Amazon Pantry services. Amazon Pantry launched last year in the United Kingdom, but only with nonperishable food. The deal calls for Morrisons to supply fresh and frozen food,