Amazon Archives -
Third-party merchants slash prices and stockpile inventory in hopes Amazon.com will select their items for holiday promotion—which can boost sales all season.
WSJ.com: US Business
Wal-Mart and Amazon battled to capture spending over the holiday weekend, as the shifts that have upended the retail industry this year were on display: fewer people visited traditional stores on Thanksgiving and Black Friday while online purchases continued to surge.
WSJ.com: US Business
Workers at a half-dozen Amazon distribution centers in Germany and one in Italy walked off the job Friday to demand better wages from the American online giant in a protest timed to coincide with Black Friday.
In Germany, Ver.di union spokesman Thomas Voss said some 2,500 workers were on strike…
Amazon goes into the holiday season with a newly magnified brick-and-mortar presence, giving it more opportunities to sell its Kindle e-readers, Fire tablets and other gadgets.
L.A. Times – Business
That Adam and Emily Harteau and their young girls were on a barge that was attacked by pirates in a river in the Brazilian Amazon is clear; so, too, is the fact they were ultimately rescued . What happened in the middle has been murkier ( when did they flee the…
If CVS Health’s reported $ 66-billion bid to acquire health insurer Aetna is approved, it could give the retail pharmacy chain an infusion of customers through Aetna’s members and more leverage when it negotiates drug prices.
But beyond that, the tie-up could help prepare the two companies for what…
Some of the biggest companies in the world had their best day in years Friday as Microsoft and Alphabet soared following strong third-quarter reports, as did online retail giant Amazon. U.S. stocks set more records as their winning streak extended to a seventh week.
Intel made its biggest gains…
Shares of Amazon soared Thursday after the online retailer posted earnings that far surpassed Wall Street expectations.
The company is rapidly growing. It paid nearly $ 14 billion this summer for organic grocer Whole Foods, announced a series of new voice-activated Echo devices, and kicked off a…