Amazon has proposed a second big-box store in the Chicago area, Mass Market Retailers (MMR) reported Tuesday (Feb. 17), citing a paywalled article in the Chicago Tribune. The company submitted to local officials a proposal for a store in the Chicago suburb of Oak Brook,...
Amazon is undertaking its largest-ever capital spending program, set to reach $200 billion this year. This effort is being launched as part of a strategic reset due to fears that Amazon’s cloud business, AWS, is losing out to rivals in landing corporate artificial intelligence contracts,...
What used to be a retail war between Amazon and Walmart is now a platform war over who embeds themselves deepest into consumers’ daily routines. Over the past week alone, a cluster of headline announcements have clarified how far the category-defining rivalry has moved beyond...
Amazon-owned eero has introduced a device that provides dedicated cellular backup connectivity for the user’s eero network when a primary interconnection goes down. The eero Signal 4G LTE is compatible with USB-C-powered Wi-Fi 6 or greater eeros and eero PoE Gateway, the company said in...
Amazon is enhancing its health-related offerings by expanding the geographic range of its same-day prescription delivery service and by launching a beta feature that helps patients understand their lab results. Amazon Pharmacy’s same-day prescription delivery service will add two more states, Idaho and Massachusetts, and...
The 21st century retail battle is no longer being waged primarily over assortment, price, or even brand equity. Retail sales are down, and retailers are leaning on payments, data and personalization to fill the gap. On Tuesday (Feb. 10), the U.S. Department of Commerce released...
Pay by bank’s practical test has been whether it can scale beyond utilities, gaming and bill pay into everyday commerce. With Amazon’s Tuesday (Feb. 10) introduction of its Pay by Bank service to customers in the United Kingdom, pay by bank’s reach has gotten a...
“I think [our] arrogance and disruption got us into trouble,” Scott Painter tells PYMNTS CEO Karen Webster. It is a rare admission from a founder who spent nearly two decades insisting that the car-buying process was broken and that radical price transparency was the fix....
New tax laws around research and capital investment reduced Amazon’s U.S. corporate income taxes by more than half in 2025, even as the company’s profits rose, the Wall Street Journal reported Friday (Feb. 6). Amazon’s current U.S. taxes declined from $9 billion to $1.2 billion, and its federal income taxes...