The battle against the $101 billion returns fraud problem has reportedly taken a new turn. It involves sellers on Amazon sending off their wares, only to get “returns” that are in some cases literally junk, The Wall Street Journal (WSJ) reported Thursday (April 4). For example, there’s Barbara Boschen,...
Amazon Web Services (AWS) is eliminating hundreds of roles in two of its organizations as it focuses on other areas. The job cuts will impact several hundred roles in the company’s Sales, Marketing and Global Services (SMGS) organization and a few hundred in its Physical...
As it redesigns its Amazon Fresh stores, Amazon is removing its Just Walk Out technology. That technology will be replaced by the company’s smart shopping cart, the Amazon Dash Cart, Jessica Martin, Amazon spokesperson, said in a statement emailed to PYMNTS Tuesday (April 2). The...
Amazon Web Services (AWS) has reportedly extended its free credits program to cover artificial intelligence (AI) models from other companies. The program now offers startups credits to cover the cost of using models from Anthropic, Meta, Mistral AI and Cohere, Howard Wright, vice president and global head of startups at AWS, told...
Amazon is preparing to launch its first-ever “Big Spring Sale.” Scheduled for Wednesday through Monday (March 20-25), this event will offer customers in the United States deals on seasonal items like spring fashion, outdoor furniture, lawn and garden products, and cleaning and organizing items, the company...
Amazon Business says it is bringing its procurement services to Mexico. The launch, announced Wednesday (March 13), makes Mexico the 10th country where Amazon Business is available, joining the U.S., Canada, the U.K., Japan, Germany, France, Italy, India, and Spain. “We are excited to enable...
Amazon is rolling out a new generative artificial intelligence (GenAI) feature that helps sellers create listings for Amazon’s store. This new feature allows sellers who have their own direct-to-consumer (DTC) website to provide Amazon with that URL and then receive product listings for the Amazon store,...
Amazon is rolling out a new store format under the Whole Foods Market banner — a move that comes as the eCommerce giant looks to increase its share of grocery by growing its brick-and-mortar presence. The specialty grocer recently announced its Whole Foods Market Daily Shop,...
Amazon is reportedly planning to discontinue Freevee, its free, ad-supported streaming service. The move comes as part of a broader effort by Amazon to focus its advertising and product efforts on Prime Video, which rolled out an ad-supported tier last month, according to a Wednesday...
