As Amazon continues to introduce new pricing models for its Prime service, the eCommerce retailer is now focusing its attention on Prime Pantry. While customers used to pay for Prime Pantry deliveries on a per-box basis, the company is now moving toward a subscription model,...
Amazon’s annual report shows that it’s thinking long-term when it comes to Whole Foods, with the online retailer’s unconditional purchase obligations increasing to $24.2 billion last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As Amazon competes with Walmart for low-income shoppers, the eCommerce retailer is rolling out discounted pricing of its Prime program to more people receiving government benefits. The company will now offer its Prime membership for $5.99 a month — down from $12.99 a month or $99...
Washington, D.C., could be the home of Amazon.com’s second headquarters: Officials from the eCommerce giant toured potential sites in the area last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
To create a financial product that would appeal to younger customers and those without a bank account, Amazon is reportedly in talks with big banks like JPMorgan Chase about designing a checking account-like product. The discussions are in the early stages, and there’s no guarantee the product would...
Nest, the Internet-connected home device company owned by Google, was informed last week that Amazon won’t be selling any of the recent products the company launched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Amazon, according to its in-nation general manager, is eyeing an expansion into grocery delivery in France — a part of its global push on food retail, though it has no immediate plans. Get the Full Story Complete the form to unlock this article and enjoy...
If Amazon wants everyone to rely on its voice-activated smart assistant Alexa, today revealed that many, many people are doing exactly that; Alexa complaints lodged with the service Down Detector spiked massively on Friday morning (March 2). Get the Full Story Complete the form to...
When asked why inflation has been so low for the past decade, Federal Reserve Chairman Jerome Powell had an interesting answer: the Amazon effect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...