Retailers are taking aim at Amazon’s one-day shipping offer this holiday shopping season in bids to stay competitive, according to a report by The Wall Street Journal. Amazon has spent about $1.5 billion in the fourth quarter of 2019 alone in an attempt to make...
The coming holiday season — so important to retailers — promises to bring quicker deliveries to more consumers, more commerce-enabled homes and less revenue than expected for Amazon. The eCommerce operator released its third quarter 2019 financials on Thursday afternoon (Oct. 24), and as always...
Nothing lasts forever — and even for Amazon the good times cannot always roll. A week-and-a-half after celebrating its biggest ever day in terms of sales and member sign-ups on Prime Day(s) 2019 Amazon is facing the rare rash of investor skepticism after falling short...
When Amazon announced about two weeks ago that Prime’s free two-day shipping was about to become Prime’s one-day shipping, it certainly got the world’s attention. The main and most alluring perk of Amazon Prime was free, two-day shipping on just about anything — and much of...
January 31, 2020
Back to the trillion-dollar club they go. Amazon’s stock price shot up in after-hours trading, as the eCommerce company blasted past expectations when it announced its Q4 earnings results. Its skyrocketing share price pushed its market cap over the $1 trillion mark. Revenue was up 21 percent during the holiday quarter, growing to $87.44 billion, […]
July 26, 2019
Nothing lasts forever — and even for Amazon the good times cannot always roll. A week-and-a-half after celebrating its biggest ever day in terms of sales and member sign-ups on...
April 26, 2019
Amazon offered something of a mixed bag for investors when it announced its earnings on Thursday (April 25). First quarter profits of $3.6 billion, or $7.09 per share, were nearly...
November 26, 2019
Retailers are taking aim at Amazon’s one-day shipping offer this holiday shopping season in bids to stay competitive, according to a report by The Wall Street Journal. Amazon has spent about $1.5 billion in the fourth quarter of 2019 alone in an attempt to make its one-day shipping program successful, and one-day shipping is an […]
April 26, 2019
Amazon announced on Thursday (April 25) that it was going to make one-day shipping standard for all Amazon Prime members. Shares in retail giants Walmart and Target tumbled on Friday...
July 06, 2017
Amazon isn’t giving up on Japan, despite trailing homegrown Japanese competitor Rakuten basically since it launched. The American eCommerce giant launched its books-only site in Japan in 2000 and has...