Amazon’s all-important cloud computing division has a new leader. Adam Selpiski, who has headed Amazon Web Services (AWS) since 2021, is setting down from that position in June, Amazon CEO Andy Jassy said in a message to staff Tuesday (May 14). Taking his place will be Matt Garman, head of the...
As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain their footing. By the Numbers The PYMNTS Intelligence report “Main Street Businesses Are Outperforming the US Economy” examined the state of the...
Increasingly, when consumers go to the grocery store, it is just to buy food, such that leading grocery retailers are losing share of center-aisle products to eCommerce players such as subscription merchants. “We’ve seen an increasing trend, particularly with the subscription economy, for the center-aisle stuff —...
As shoppers increasingly purchase auto parts from third-party online marketplaces such as Amazon and eBay, retailers and eCommerce merchants specializing in the category are seeing sales declines. In Q1 of this year, CarParts.com’s net sales dropped 5% year over year, and the company’s net loss...
May 17, 2024
Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers’ spending, they are working hard not to lose their lower-income customers in the process. Amazon, for its part, announced Wednesday (May 15) the introduction of Amazon Access, a platform aimed at providing easier and more […]
May 13, 2024
As shoppers increasingly purchase auto parts from third-party online marketplaces such as Amazon and eBay, retailers and eCommerce merchants specializing in the category are seeing sales declines. In Q1 of...
May 10, 2024
As retail behemoths Amazon and Walmart compete for consumers’ spending, both are turning to video streaming ads to open up new sales opportunities and drive conversion. On Wednesday (May 8),...
May 08, 2024
In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between what’s real and what’s not....
May 14, 2024
Amazon’s all-important cloud computing division has a new leader. Adam Selpiski, who has headed Amazon Web Services (AWS) since 2021, is setting down from that position in June, Amazon CEO Andy Jassy said in a message to staff Tuesday (May 14). Taking his place will be Matt Garman, head of the division’s sales and marketing operations. Jassy said that when he […]
May 12, 2024
Amazon is reportedly set to invest nearly $1.3 billion on tech projects in France. The eCommerce giant is one of several global companies poised to announce new foreign investments in...
May 09, 2024
Artificial intelligence (AI) startup Anthropic has defended its decisions to partner with Amazon and Google, saying that collaborating with two companies gives it greater independence than it would have if it teamed up with...
May 09, 2024
Amazon will launch a dedicated online store in Ireland in 2025. The new Amazon.ie will offer more products from Irish businesses; low, local prices; and no additional customs charges, the company said in a Wednesday (May 8)...
