February 26, 2024 by MMR
AI assistant, Amazon, mobile shopping app, Rufus
2024, 2024, Issue 02-26-2024
SEATTLE — Amazon is introducing an AI assistant called Rufus into its mobile shopping app. The generative AI feature will be rolled out over the coming weeks. Users will activate the feature by speaking or typing questions into the mobile search bar, and Rufus will generate answers via a chat dialog box about products and
February 1, 2024 by MMR
Amazon, Amazon CEO Andy Jassy, fourth quarter, Q4
Featured Articles, Leading Headlines, Money, Retail News
SEATTLE — Amazon on Thursday reported fourth-quarter sales and earnings that topped analysts’ expectations, driven in part by a “record-breaking” holiday season. The company said its net sales increased 14% to $170.0 billion in the fourth quarter ended December 31, up from $149.2 billion in the fourth quarter of 2022. Net income increased to $10.6
November 27, 2023 by MMR
Amazon, dunnhumby Retailer Preference Index, H-E-B, Kroger, Leadership in Personalization, RPI
Issue 11-27-2023
CHICAGO — A “special edition” of the dunnhumby Retailer Preference Index (RPI) places Amazon, H-E-B and Kroger atop the latest rankings of grocery retailers in terms of their abilities to personalize shopping experience to best serve shoppers. The inaugural RPI for Leadership in Personalization finds that Amazon stands apart from all other retailers, dunnhumby says
November 14, 2023 by MMR
Amazon, dunnhumby, Retailer Preference Index
Leading Headlines, Retail News
CHICAGO — A “special edition” of the dunnhumby Retailer Preference Index (RPI) places Amazon, H-E-B, and Kroger atop the latest rankings of grocery retailers in terms of their abilities to personalize shopping experience to best serve shoppers. The inaugural RPI for Leadership in Personalization finds that Amazon stands apart from all other retailers, dunnhumby says
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
October 9, 2023 by MMR
Amazon, monopoly, sued
Issue 10-09-2023
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
August 7, 2023 by MMR
2023 Top 100 Retailers, Amazon, Kantar, National Retail Federation, Walmart
2023, Issue 08-07-2023, Issues
WASHINGTON — Longtime No. 1 Walmart retained first place on the National Retail Federation’s annual list of the top retailers, followed by Amazon. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Walmart headed the list — compiled by Kantar — with $499.65 billion in U.S. retail sales in 2022.
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
July 13, 2023 by MMR
Amazon, Prime Day
Leading Headlines, Retail News
SEATTLE — Amazon’s first day of Prime Day, July 11, was the single largest sales day in its history, according to the company. Over the course of the two-day shopping event, Prime members purchased more than 375 million items worldwide and saved more than $2.5 billion on millions of deals across the Amazon store, helping
July 10, 2023 by MMR
Aldi, Amazon, Costco Wholesale Corp., dunnhumby, Grocery 2053: A Data-Driven Gaze into the Future, Walmart
Issue 07-10-2023
CHICAGO — Amazon, Aldi, Costco Wholesale Corp. and Walmart are among the U.S. food retailers best positioned for success in 2053, according to a report from dunnhumby. “Grocery 2053: A Data-Driven Gaze into the Future” is the data science firm’s examination of trends that will have the biggest potential impact on grocery retailers over the
June 22, 2023 by MMR
AI, Amazon, AWS, Generative AI
Leading Headlines, Retail News
SEATTLE — Amazon Web Services, Inc. (AWS), an Amazon.com, announced the AWS Generative AI Innovation Center, a new program designed to help customers successfully build and deploy generative artificial intelligence (AI) solutions. AWS said it is investing $100 million in the program, which will connect AWS AI and machine learning (ML) experts with customers around
May 8, 2023 by Jeffrey Woldt
Amazon, Amazon Web Services, AWS, Chain Drug Review/MMR Video Forum, Justin Honaman, Video Forum
Featured Articles, Leading Headlines, Videos
In the conclusion of a two-part Video Forum interview, Justin Honaman, head of worldwide retail and consumer goods go-to-market at Amazon Web Services, talks about the AWS business model and shares his views on the role of technology in the drive toward greater personalization, the need to rethink the supply chain in the wake of