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...
More than 6,100 Amazon employees at an Alabama warehouse are set to take their second vote to unionize on Friday (Feb. 4), The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Amazon workers in a New York warehouse have met the requirements to hold a union election, according to multiple reports on Wednesday (Jan. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amazon Air recently broadened its network into Kansas with a regional gateway facility at Wichita Eisenhower National Airport that will offer express delivery to Prime customers across the region, according to a FreightWaves report Friday (Jan. 21). Get the Full Story Complete the form to...
Amazon is launching a physical store for fashion that enables people to shop digitally, try selections on in real life (IRL), and get suggestions based on users’ algorithms, Simoina Vasen, managing director of Amazon Style said in a blog post on Thursday (Jan. 20). Get...
After deciding to drop Visa as a payment option in the U.K. effective Wednesday (Jan. 19), Amazon has reversed its position and emailed customers to announce that the ban has been reversed, according to multiple news outlets Monday (Jan. 17), including Bloomberg. Get the Full...
A U.S. district court judge has stepped down from a long-running Amazon civil case following a news article that revealed his family owned stock in the retail giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
