Amazon News Updates

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Value-Seekers Drove 2024's Retail Trends and Dead Ends

Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.

December 30, 2024
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Amazon Workers Strike at Seven Facilities Nationwide

The Teamsters said the workers, who voted to authorize strikes in recent days, joined picket lines after Amazon ignored a Dec. 15 deadline the union set for contract negotiations.

December 19, 2024
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Walmart Stock Soars 82% in 2024, Leading Retail Industry

Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.

December 18, 2024
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Amazon Rejects Senate Report on Workplace Safety Standards

Amazon has long been a target of worker’s rights advocates and labor unions, who say the company pushes its employees too hard in the name of getting packages to customers quickly.

December 16, 2024
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Amazon Aims at Temu With Low-Priced Storefront Called Haul

Amazon launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

November 13, 2024
GovernmentBusinessTechnologyEquipmentAutonomous

Trump-Musk Alliance May Boost Tesla, Reshape Big Tech

Silicon Valley is bracing for a different relationship with the U.S. government as Donald Trump prepares to return to the White House.

November 6, 2024
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Retailers Offer ā€˜Returnless Refunds’ to Reduce Shipping Fees

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

November 4, 2024
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Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

ā€œAs we get into the holiday season, we’re excited about what we have in store for customers,ā€ CEO Andy Jassy said in a statement.

October 31, 2024
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Walmart Challenges Amazon With Prescription Delivery

Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.

October 22, 2024
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon, Google Make Dueling Nuclear Investments

Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.

October 16, 2024