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| August 21, 2017

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Amazon and Whole Foods: What’s Next?

August 10, 2017 |

After Amazon moved to acquire Whole Foods for $ 13.7 billion, the e-commerce giant needs to figure out how deeply it should integrate with the grocery chain.
WSJ.com: US Business

Amazon Tries to Hire 50K Workers in Single Day

August 2, 2017 |

Amazon held a massive nationwide job fair Wednesday, which is a good thing since retail companies are blaming the internet giant for forcing them to close thousands of stores and lay off employees. On its first-ever Jobs Day, Amazon aimed to hire 50,000 workers to fill positions at 12…
Newser

Amazon announces U.S. hiring spree as labor market tightens

July 27, 2017 |

Amazon.com Inc. has some job openings. Lots of them.

The Seattle e-commerce giant said Wednesday that it’s looking to fill more than 50,000 positions across the United States. The announcement comes at a time when the labor market is growing tight with back-to-school and holiday shopping around…


L.A. Times – Business

Sears to sell its Kenmore appliances on Amazon

July 21, 2017 |

In the century before there was Amazon.com, it was Sears that was the everything store.

With its vast inventory of tools, toys and even firearms, it upended local retailers. With its catalog model and nationwide delivery system, it promised to bring anything anyone wanted to their doorstep.

But…


L.A. Times – Business

Amazon Rolls Out New Social Network

July 20, 2017 |

Take Amazon Prime, mix it with Pinterest, and add a dash of Instagram. The result is Amazon Spark, a new shopping-focused “social network” aimed at getting hardcore Amazon users to spend even more money with the e-commerce giant. The service launched publicly on Tuesday on Amazon’s iPhone app, although it’s…
Newser

Monetary Policy in Japan Has a New Problem: Amazon

July 19, 2017 |

Retailers have been cutting prices in response to the rise of online rivals like Amazon, disrupting what had seemed like perfect conditions for Japan to get the stable dose of inflation it has long been looking for.
WSJ.com: What’s News Asia

Amazon Appears Poised to Crush Blue Apron

July 19, 2017 |

Fresh off putting a scare into grocery stores with news it was attempting to acquire Whole Foods, Amazon is now doing the same in the meal-kit delivery sector. Quartz reports Blue Apron went public June 28—the first meal-kit company to do so. Less than a month later, it appears…
Newser

Whole Foods drew interest from other potential suitors before striking Amazon deal

July 7, 2017 |

Two grocery companies and four private-equity firms expressed interest in possibly merging with Whole Foods Market Inc. or having some other business tie-up before the high-end grocery chain agreed to be bought by Amazon.com for $ 13.7 billion, a regulatory filing showed Friday.

None of the potential…


L.A. Times – Business

Amazon and Dish Network: A Match in the Making?

July 7, 2017 |

For years, Dish Network has sought out partnerships with just about every major telecom company. Now, a somewhat surprising potential partner has emerged: Amazon.com.
WSJ.com: US Business

Amazon is still inflating discounts despite new name, Consumer Watchdog says

July 6, 2017 |

In a bid to promote its deals to consumers, Amazon.com Inc. started displaying current discounts compared to their historic price tags — a strategy that it calls the “was” price.

The “was” price was introduced as the e-commerce giant faced legal challenges and mounting criticism for allegedly exaggerating…


L.A. Times – Business