Amazon announced its first fulfillment center in the state of New York. The new 855,000-square-foot fulfillment center will be located in Staten Island and will be used to fulfill what it called household essentials, books, and toys. Press release follows: Read more
AbeBooks is refunding a week’s worth of fees to sellers after a 2-day outage. The media marketplace owned by Amazon experienced a rare but serious outage over the weekend, and on Monday it sent an email to sellers with an Read more
Amazon will officially buy Whole Foods Market on Monday and has promised to immediately start lowering prices. Eventually it will make Amazon Prime the supermarket’s customer rewards program, providing Prime members with special savings and other in-store benefits. And Amazon Read more
The next two weeks will see many students returning back to school, signaling the precursor to the holiday shopping season. It also means marketplaces should wrap up testing and changes so they can provide stability to sellers who are focused Read more
A new report details retailers’ struggles with Amazon. Bluecore surveyed retail executives in May and found 56% of those surveyed believe Amazon’s presence in their markets has increased in the past two years, and 30% currently sell through Amazon. Bluecore Read more
Amazon earned the distinction of placing first on a list of “sustained sizzlers,” one of only 14 retailers recognized for having made it onto the “Hot 100” list each year since its inception in 2006. The Hot 100 list of Read more
In the face of some recent negative stories about Amazon growing too big (search news sites for “Amazon antitrust”), the company issued a press release touting how beneficial its marketplace is for small businesses. Amazon said small businesses and entrepreneurs Read more
Amazon.com announced today its second-quarter sales rose 25% to $38 billion. Net income was $197 million in the second quarter compared with net income of $857 million in second quarter 2016. Press release follows: Amazon.com, Inc. today announced financial results Read more
Amazon Prime Day 2017 grew by more than 60 percent over last year, Amazon proclaimed, and said sales growth by small businesses and entrepreneurs was higher than that. Amazon benefited greatly from the event by selling its own devices, including the Read more
Amazon is opening an 850,000 square-foot fulfillment center located in Orlando, Florida – home to Walt Disney World – to fulfill small items such as books, electronics, and consumer goods. The new facility will employ 1,500 fulltime employees and utilize Read more
