After Amazon’s $13.7-billion acquisition of Whole Foods, others in the grocery industry saw their shares slide. One company that’s escaping the Amazon fray is Costco Wholesale Corp. as the company just shared its same-store sales for the month of June, which surpassed expectations. Following the...
Arts and craft megastore Hobby Lobby is in hot water. After buying Iraqi archeological artifacts back in 2010, the Christian-based retail chain is paying a $3-million fine as federal prosecutors say these may have been stolen from a war-torn country. Hobby Lobby bought more than...
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 never quite gained an edge over Rakuten. DI Marketing, an online marketing research firm, conducted...
India’s second- and third-largest eCommerce firms, Flipkart and Snapdeal, have been in talks for months about a possible alliance to keep ahead of Amazon, but Snapdeal wasn’t quite ready to sell out to Flipkart – at least, not for less than the $1-billion valuation Flipkart...
July 11, 2017
Amazon is taking on Best Buy in the home installation and service market where Geek Squad has dominated by quietly rolling out its own service unit. Recode, citing multiple sources and job postings, reported news that during the last few months the eCommerce giant has been hiring a gaggle of gadget experts who will offer […]
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...
July 06, 2017
India’s second- and third-largest eCommerce firms, Flipkart and Snapdeal, have been in talks for months about a possible alliance to keep ahead of Amazon, but Snapdeal wasn’t quite ready to...
June 22, 2017
Nike has so far resisted direct sales on Amazon, but now it seems that, in the face of ebbing sales, the company has decided to Just Do It. “Our channel...