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, 2024Search
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Consumers Switch to Slower Shipping, Squeezing UPS, FedEx
More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.
October 17, 2024Amazon, 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, 2024Walgreens to Close 1,200 US Stores
Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turn around a struggling U.S. business that contributed to a $3 billion quarterly loss.
October 15, 2024Amazon Unveils AI Tool to Help Drivers Find Packages Faster
Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.
October 9, 2024Amazon, Target and Other Retailers Ramp Up Holiday Hiring
Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.
October 3, 2024Online Holiday Spending Projected to Rise 8.4%
Steep discounts and easing inflation will compel U.S. shoppers to spend $240.8 billion online in November and December, up 8.4% from last year’s holidays and the biggest increase since 2021.
September 25, 2024Amazon Launches AI Assistant to Help Online Merchants
Amazon.com Inc. is launching an artificially intelligent assistant designed to help online merchants manage their businesses.
September 19, 2024Amazon Boosts Warehouse Worker Pay by at Least $1.50 an Hour
Amazon.com Inc. is raising the pay of its hourly warehouse workers by at least $1.50 an hour and tacking on Prime memberships to their benefits package.
September 18, 2024Intel to Make Custom AI Chip for Amazon, Delay German Plant
Intel and Amazon’s AWS will co-invest in a custom semiconductor for artificial intelligence computing — what’s known as a fabric chip — in a “multiyear, multibillion-dollar framework.â€Â
September 17, 2024