Amazon will be closing its physical bookstores, including “Amazon 4-Star” locations and mall pop-up locations, narrowing its brick-and-mortar locations to focus on groceries, Bloomberg wrote Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
At first glance, it might seem at least a bit ironic that Amazon would be shuttering bookstores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Amazon’s long-running legal battle against its Indian partner Future Retail is reportedly about to escalate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The Whole Foods Market shopping experience just got a major tech upgrade. Nearly five months after Amazon announced its intention to bring its Just Walk Out cashier-less checkout technology to its Whole Foods Market grocery brand, the first such location opened Wednesday (Feb. 23), per...
Amazon is filing lawsuits against fake review brokers who have been orchestrating the posting of misleading product reviews in exchange for money and free products, the company announced Tuesday (Feb. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amazon workers at a Staten Island warehouse will vote next month on whether to form a union, Christian Smalls, the organization’s president and former employee tweeted Wednesday (Feb 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon is now considered a grocer in the U.K. and will be subject to the same rules and regulations as other supermarkets, a decision the eCommerce giant called “chilling.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Last Friday’s news that Amazon could be one of the suitors interested in buying Peloton caused that stock to jump 30 percent in after-hours trading. The collective pressures of the economy’s reopening, a leaked report last month that it was slashing production of its bikes...
Amazon on Friday (Feb. 4) set the one-day record for biggest jump in market value for a U.S. company, one day after Meta Platforms, Inc. — the parent company of Facebook — set the ignominious distinction of the biggest single-day market capitalization loss, The Wall...
