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Hudson To Add Amazon’s Just Walk Out Technology To Its Popular Airport Convenience Stores
Friday 15th January - 11:00 am
The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations ...Amazon Says Parler Lawsuit Is Invalid Because Of Terms Of Service Violations
Thursday 14th January - 6:06 pm
Amazon has hit back against social media site Parler in its lawsuit over the site’s removal from the cloud of Amazon Web Services (AWS), court documents say.
The core of the ...Grocery Roundup: Walmart, Tesco Meet The New Digital Consumers
Thursday 14th January - 4:18 pm
Grocery shopping has become a very different animal in the last year as consumers have radically altered their shopping preferences. Once a weekly physical activity relegated to weekends by the ...Today In Payments: CT AG Launches Antitrust Probe Into Amazon’s eBook Business; Petco’s $864 Million IPO Beats Forecasts
Thursday 14th January - 3:05 pm
In today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Plus, Grab Financial raised $300 million.
Connecticut AG ...Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business
Thursday 14th January - 6:42 am
Connecticut Attorney General William Tong is launching an antitrust probe into how Amazon runs its eBook business, the Wall Street Journal (WSJ) reported on Thursday (Jan. 14).
Connecticut’s inquiry is just ...Today In Payments Around The World: Mynt Lands $175 Million In Funding; Airtel Teams With Amazon On Video
Wednesday 13th January - 4:33 pm
In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video ...Today In Payments: Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation; BillTrust To Make NASDAQ Debut Today Trading As BTRS
Wednesday 13th January - 3:00 pm
In today’s top news, Visa opted out of its acquisition of Plaid after the DOJ sued over antitrust concerns, and Billtrust is expected to start trading today after completing its ...India’s Airtel Closes Amazon Deal To Launch Mobile-Only Video Plan
Wednesday 13th January - 10:39 am
Airtel, India’s largest telecom service provider, has teamed up with Amazon to launch a mobile-only video entertainment platform.
Prime Video Mobile Edition is a single-user subscription service. India is the first ...Walmart Partners With HomeValet On Smart Box Technology For Fresh Deliveries
Tuesday 12th January - 4:35 pm
Retail giant Walmart is teaming up with delivery solutions startup HomeValet to launch a test pilot that would bring fresh groceries to people’s homes even if they’re not there.
“If there’s ...Walmart Eyes FinTech Expansion With Ribbit Capital Partnership
Tuesday 12th January - 11:06 am
For Walmart, FinTechs are in sight — but where to from here?
As reported, Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said ...Walmart Creates FinTech Startup
Monday 11th January - 6:00 pm
From big box retailer to payments provider — from consumer-focused behemoth to financial services juggernaut?
Perhaps.
Walmart announced Monday (Jan. 11) in a press release that it is creating a FinTech startup.
The ...Big Tech Compliance Tracker: US Trade Rep Says Digital Taxes Discriminate Against US Firms; Facebook Removes ‘Likes’ From ‘Pages’
Monday 11th January - 4:50 pm
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world.
US Trade Representative: India, Italy, Turkey Digital Taxes Discriminates Against US ...Parler Sues Amazon After Being Booted Off Cloud
Monday 11th January - 4:22 pm
Conservative social network Parler is suing Amazon after the eCommerce giant’s web services division abruptly pulled the plug on cloud hosting for the startup, The Wall Street Journal reported on ...Trying To Reason With Returns Season: 51 Percent Of Consumers Would Keep Goods For Discounts
Monday 11th January - 11:44 am
While early to mid-January is always the return season, this year has long been forecast to be a spot more active than its predecessors given the volume of gifts bought online during ...Amazon Prime, Walmart+ See Post-Holiday Declines As Free Trials Expire
Monday 11th January - 11:00 am
Amazon Prime and the recently launched Walmart+ both saw drop-offs in U.S. paid subscribers in late December, but Walmart+ fell further — showing the newcomer has a fight on its ...Skip It: Amazon, Walmart Tell Consumers To Keep Unwanted Gifts
Sunday 10th January - 11:29 pm
Amazon and Walmart are among the big retailers trying out a new way of handling refunds, according to a report from The Wall Street Journal (WSJ). Customers can ask for ...Amazon Pulls The Plug On Prime Pantry
Friday 8th January - 5:33 pm
It looks like another bit of consolidation in the wild world of grocery retail as Amazon has officially shut down its Prime Pantry services — rolling the shelf stable goods ...Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise Sales Climb 7.7 Pct
Friday 8th January - 3:49 pm
In today’s top retail news, CarLotz, Inc. says it has received the necessary approval from its investors to complete a potential merger with a blank-check company, while PriceSmart, Inc. reported a ...Amazon's Prime Pantry Delivery Service Is Discontinued
Friday 8th January - 3:30 pm
Amazon has ended one of its first efforts to sell food online, with the eCommerce retailer closing its Prime Pantry service. Many items available under the Prime Pantry name in ...Whole Paycheck: Amazon And Walmart Use Drones, Self-Driving Trucks And 767s to Beat Each Other At Delivery
Friday 8th January - 11:00 am
Winning the battle for the consumer’s whole paycheck requires winning the battle for delivery, and Amazon and Walmart are throwing everything from driverless trucks to drones to a new Amazon ...Kroger, CVS, Walmart Ready For Their Role As COVID Vaccinators
Wednesday 6th January - 1:59 pm
In the closing weeks of 2020, we learned that the distribution of COVID-19 vaccines will involve a mass retail mobilization. As gifting holidays shifted into high gear after Thanksgiving, The ...Amazon Creates $2 Billion Housing Fund Targeting Its Top Locations
Wednesday 6th January - 11:58 am
Amazon has launched a new Housing Equity Fund, bankrolled by more than $2 billion, “to preserve and create 20,000 affordable housing units” in areas the retailer expects to have more ...Rivian Close To Raising Funds At $25 Billion Valuation
Wednesday 6th January - 7:31 am
Electric truck startup Rivian Automotive, which is backed by Amazon, is near to a new funding round which would value it at $25 billion, Bloomberg reports.
That funding isn’t final, though, ...Amazon Buys 11 Boeing Jetliners To Boost Amazon Air Fleet
Tuesday 5th January - 3:02 pm
In a first, Amazon has purchased Boeing 767-300 wide-body airliners, in this case from Delta Air Lines and WestJet Airlines. The 11 aircraft will join Amazon Air’s fleet this year ...Big Tech Compliance Tracker: Malaysia Gets Approximately $107 Million In Digital Services Taxes; FAA Approves New Drone Regulations
Monday 4th January - 10:30 pm
Here’s the latest news from the technology industry, which is coming under increasing global interest from governments.
Malaysia Receives Approximately $107 Million In Digital Service Taxes Last Year
Deputy Finance Minister Datuk ...High-Profile Healthcare Venture Haven Shuts Down; Could Signal Shift For JPMorgan, Amazon
Monday 4th January - 7:01 pm
In the end, there was no haven for Haven. As reported on Monday (Jan. 4), the healthcare startup – created in 2018 through joint efforts between Amazon, J.P. Morgan Chase and ...Amazon, Berkshire, JPMorgan Fold Healthcare Disruption Startup Haven
Monday 4th January - 1:43 pm
Haven, the Silicon Valley healthcare disruption startup launched in 2018 by Amazon, Berkshire Hathaway and JPMorgan Chase, is being dissolved.
Sources told CNBC on Monday (Jan. 4) that Boston-based Haven advised employees ...Amazon Completes Purchase Of Podcast Maker Wondery
Wednesday 30th December - 4:39 pm
Following reports that Amazon was looking to acquire podcast creator Wondery, it has now done so, according to a release from the eCommerce giant on Wednesday (Dec. 30).
Wondery’s work will ...Amazon Sellers Have A Merry Christmas, But Struggle With Returns
Wednesday 30th December - 11:00 am
There’s no arguing the fact that Amazon has been a lifeline for small businesses this year. During the extended holiday season, the eCommerce giant says its independent sellers saw their ...Walmart Talks Up Its Advertising Platform In Bid To Challenge Amazon
Wednesday 30th December - 10:43 am
The Walmart Media Group is looking to take on Amazon’s advertising division by touting what the retail giant can do for online sellers.
Walmart Media Group said it has increased “net new advertisers ...Today In Payments: Coinbase Suspends XRP Trading; Amazon Delivered Record-Breaking 1.5 Billion Holiday Packages
Tuesday 29th December - 3:00 pm
In today’s top news, Coinbase has suspended XRP trading in the wake of the SEC’s lawsuit against Ripple, and Amazon delivered over 1.5 billion packages this holiday season. Plus, J.P. ...Today In Retail: VF Closes On Supreme Acquisition, Returnly Reports Jump In Returns On Dec. 26
Tuesday 29th December - 1:03 pm
In today’s top retail news, VF Corporation has closed on its acquisition of international streetwear brand Supreme, while Returnly reported a dramatic rise in returns on Dec. 26 compared to ...Amazon Advertising Division Soars As Merchants Spend For Visibility
Tuesday 29th December - 12:20 pm
Amazon’s advertising division is pulling in big bucks as its marketplace merchants jockey for position amid the pandemic-fueled eCommerce boom.
The tech behemoth is tracking to post its first $100 billion ...Amazon Delivers Record-Breaking 1.5 Billion Holiday 2020 Packages
Tuesday 29th December - 7:06 am
Amazon is reporting a record-breaking holiday shopping season that saw more than 1.5 billion toys, electronics and household goods delivered amid the global COVID-19 pandemic.
“Amazonians around the world have truly ...Big Tech Compliance Tracker: Facebook Disables Some Instagram, Messenger Functions In Europe; Amazon Delays Merchant Fulfillment Fee Increases
Monday 28th December - 7:51 pm
Here’s the latest news from companies in the technology industry, which are coming under increasing scrutiny from officials and criticism from competitors.
Facebook Turns Off Instagram, Messenger Features For Users In ...Flipkart Wholesale Business Growing Rapidly After App's Launch
Monday 28th December - 10:13 am
India-based Flipkart said its new wholesale operation, a business-to-business (B2B) marketplace, has surged in popularity as the pandemic has pushed more sales online.
Flipkart Wholesale has seen a “75 percent month-on-month ...Digital-First Economy Redefines Retail And Consumer Behavior
Thursday 24th December - 11:00 am
When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The numbers speak ...Today In Retail: Amazon Postpones Fulfillment Fee Increases; Shoppers In Italy Embrace Cash-Back Effort
Wednesday 23rd December - 11:40 am
In today’s top retail news, Amazon is delaying its logistics charge increases, while consumers in Italy are embracing a new cash-back effort for card payments. Plus, Peloton has moved to ...Amazon Puts Off Merchant Fulfillment Fee Hikes Until June
Tuesday 22nd December - 9:31 pm
Amazon is postponing its logistics fee increase to help accommodate businesses affected by the pandemic, a company letter from Amazon Worldwide Consumer CEO Jeff Wilke stated.
Wilke wrote that the eCommerce ...Digital Marketplaces Like Amazon Are Primed For Consolidation
Tuesday 22nd December - 6:25 pm
Investors have spent over $1 billion this year on buying up successful small businesses to try and create new digital conglomerates, according to the Financial Times.
They have targeted businesses that ...Justice Department Sues Walmart Over Opioid Sales
Tuesday 22nd December - 6:22 pm
The U.S. government sued Walmart Tuesday (Dec. 22), claiming that the retail giant exacerbated the country’s opioid crisis by not sufficiently keeping watch for suspect prescriptions despite warnings by its ...Today In Retail: Walmart Unveils Carrier Pickup Service For Returns; Dick’s Sporting Goods Teams With Instacart For Same-Day Delivery
Monday 21st December - 1:47 pm
In today’s top retail news, Walmart shoppers can return items that are bought through the web and are shipped and sold by Walmart.com without needing to leave their residences, while ...eCommerce Delivery And Shopping In The Pandemic Era
Monday 21st December - 11:00 am
Nordstrom is rolling out a same-day gift delivery service in New York City that will be available for orders placed by late afternoon. Meanwhile, Walmart and Amazon are jousting to the end in an effort to win ...Target, Walmart Adjust Holiday Delivery Processes As Shipping Crisis Peaks
Monday 21st December - 11:00 am
Ten million packages. Gridlocked. These are some of the numbers and terms being used to describe the state of holiday shipping as the last week of the holiday shopping season ...Walmart Introduces Carrier Pickup Service For Customer Returns
Monday 21st December - 10:41 amWalmart shoppers can return merchandise bought through the web that is shipped and sold by Walmart.com without having to leave their residences. Shoppers can now set up a time for ...
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