Amazon

Amazon
Amazon Business Director Says ‘Smarter Business Buying’ Helps SMBs Boost Profit Margins
November 13, 2023

Small business owners have typically been resource-constrained. They’ve borne the brunt of starting up and running their businesses with their personal finances. They’ve co-mingled the expenses of the business with their own everyday spending, wielding personal credit and debit cards to do so, as they...

Amazon
Brick-and-Mortar Showroom Drives Demand for Amazon’s AWS Cloud-Computing Business
November 10, 2023

Amazon Web Services’ opening of its Builder Studio in New York City earlier this fall reportedly signals a shift in the traditional enterprise software sales process. Located in the iconic Lord & Taylor building, the showroom offers chief information officers an opportunity to experience firsthand...

Amazon
Amazon Files 4 Lawsuits Targeting Impersonation Fraud
November 09, 2023

Amazon has filed four federal lawsuits against fraudulent organizations that attempted to scam consumers by impersonating the company. The lawsuits were filed in Western District of Pennsylvania, Eastern District of North Carolina, Northern District of Georgia and in the District of Arizona, Amazon said in...

Amazon
Amazon Cuts Jobs in Music Division as It Adjusts Priorities
November 08, 2023

Amazon is making job cuts in its music division, including its audio streaming platform and digital storefront for songs. The number of positions affected has not been revealed, but the cuts began in October and primarily target Amazon Music’s editorial and audio content team, Bloomberg...

Amazon
Amazon to Close Its 2 Physical Clothing Stores
November 02, 2023

Amazon is closing its physical clothing stores as it shifts its focus to its online fashion shopping experience and expanding its grocery stores business. The two Amazon Style stores, located in Glendale, California, and Columbus, Ohio, will be closed by Nov. 9, Bloomberg reported Thursday (Nov. 2). Amazon spokesperson Kristen Kish...

Amazon
Amazon’s Counterfeit Crimes Unit Pursued 1,300 Criminals Last Year
November 01, 2023

Amazon’s Counterfeit Crimes Unit (CCU) sued or referred for investigation more than 1,300 criminals and disposed of 6 million counterfeit products last year. These actions took place in China, the European Union (EU), the United Kingdom and the United States, Amazon said in a Wednesday...

Amazon
Amazon Shopping Director on the Power of Friends With Influence
October 31, 2023

In the world of retail, recommendations from friends and inspiration from influencers are like power outlets for consumers, charging up their purchasing decisions.  Keeping with this idea, the retail giant introduced “Consult-a-Friend” earlier this month, a mobile shopping innovation currently in the testing phase. It...

Amazon
Amazon Online Sales Bounce 7%, Subscriptions Surge 14%, Customers Still ‘Trade Down’ 
October 26, 2023

Amazon’s third quarter results showed a rebound in online sales, with a 7% growth rate doubled by the 14% gain in subscription-related revenues. Earnings materials from the company show that, as detailed on a segment-by-segment basis, online sales were up to $57.3 billion.   Sales at physical stores...

Amazon
Amazon Moves Toward ‘Passwordless Internet’ With Passkey Support
October 23, 2023

Amazon said it is launching passkey support on browsers and mobile shopping apps. The offering, announced Monday (Oct. 23), lets customers set up passkeys in their Amazon settings and use the same face, fingerprint or PIN used to unlock their device.  “This is about giving customers...