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Tag: Amazon


News & Trends

Amazon conducts review on loss-making divisions as it slashes costs

November 11, 2022

Via: Charged

Amazon is under the process of reviewing some of its loss-making divisions as it continues on its path of cutting costs. Amazon is under the process of reviewing some of its loss-making divisions as it continues on its path of […]


News & Trends

Mobile Ecommerce Success Calls for the ‘Instagramification’ of the App Experience

November 9, 2022

Via: Retail TouchPoints

Global downloads of mobile shopping apps were up 16% year-over-year in the first half of 2022 while the number of sessions was up 29%, according to data from the It’s Not Luck, It’s Skill: Make Every Marketing Dollar Count This […]


Others, Tech

Amazon partners with Snap for AR fashion experience

November 7, 2022

Via: Charged

Amazon has teamed up with Snap to offer augmented reality fashion experiences that lets customers digitally try on different eyewear brands. Snap’s “virtual try-on” method gives 363 million daily active Snapchat users access thousands of eyewear styles in Amazon Fashion […]


News & Trends

Amazon pauses corporate hiring as cost-cutting measures continue

November 4, 2022

Via: Charged

Amazon has announced it is pausing hiring for roles in its corporate workforce as it continues to cut back on expenses. The announcement was made via a staff memo which was sent out on Thursday. Last month, Amazon said it […]


News & Trends

Black Friday predictions: Consumer spend to fall by 50% as cost-of-living bites

November 1, 2022

Via: Charged

Figures from Wunderman Thompson Commerce have revealed that consumers are set to spend up to 50% less than usual this Black Friday. Overall spend per consumer is expected to fall from £168.18 in 2021 back to the 2020 average of […]


News & Trends

Amazon warns that profits could vanish in Q4

October 28, 2022

Via: Retail Dive

In a rare turnabout, Amazon’s AWS cloud services unit underperformed its retail operations. Sales in that segment rose 27% year-over-year to $20.5 billion, and operating income fell 9.6% to $5.4 billion. In retail, the company joins rivals in facing embattled […]


E-payment & Data Security, Tech

Will Amazon cash in on the P2P payment market?

October 27, 2022

Via: RetailWire

Amazon on Tuesday said that it is adding the Venmo peer-to-peer (P2P) payment service to the options it provides shoppers purchasing goods from its platform. The company is currently rolling the Venmo option out with plans to make it available […]


Suppliers

Will Amazon’s air cargo investments take off?

October 25, 2022

Via: RetailWire

Amazon.com plans to hire Hawaiian Airlines to fly packages on 10 leased Airbus SE jets around the U.S. while taking a stake in the carrier. In a blog entry, Sarah Rhoads, VP of Amazon Global Air, noted that Amazon introduced […]


Suppliers

Amazon extends UPS as option for seller-fulfilled returns

October 20, 2022

Via: Retail Dive

Amazon’s extension of the UPS option for seller-fulfilled returns underscores the two companies’ enduring ties, even as UPS reduces the share of its revenue from the online retail giant. Beyond its status as UPS’ largest customer, Amazon is also a […]


Retail Types, Stores

Amazon opens second Style store in the US despite slowing down physical retail strategy

October 19, 2022

Via: Charged

Amazon has opened its second Amazon Style store in the US, aiming to merge physical and digital retail into a bricks-and-mortar space. The new phygital store has opened at Easton Town Center in Columbus, Ohio. Amazon debuted its first instalment […]


News & Trends

Was Amazon’s Prime Early Access sale a bellwether event for the retail industry?

October 17, 2022

Via: RetailWire

Amazon.com last week held its second Prime Day event of the year and, as it turned out, the sales promotion may not have been the kickoff to the holidays that the retail and technology giant was hoping for. The Prime […]


News & Trends

Why are Amazon’s brand knockoffs ‘foul play’ if other retailers do the same thing?

October 13, 2022

Via: RetailWire

The 800-pound gorilla that is Amazon.com finds itself coming off as a corporate bully when its private label teams find small and growing brand products and then produce knockoff versions that it sells at a considerable discount. The practice has […]


Retail Types, Stores

Do retailers have the right stuff for Christmas?

October 11, 2022

Via: RetailWire

New research forecasts that imports to American ports will fall to the lowest level in nearly two years by the end of 2022. The National Retail Federation and Hackett Associates last week released their monthly Global Port Tracker, which found […]


E-commerce, Retail Types

Amazon to launch new ecommerce hub for affordable shopping options

October 4, 2022

Via: Charged

Amazon has announced it is launching Amazon Access, a hub for US-based customers to explore the ecommerce giant’s more affordable shopping programmes which includes discounts. The company has also announced that its discounted tier of Prime membership, which was introduced […]


FMCG products, Retail Types

Amazon Fresh slashes prices by up to 20%

October 4, 2022

Via: Charged

Amazon has reduced over 200 product lines as part of a major price reduction campaign across all of its 19 UK-based bricks-and-mortar stores. The 200 products, which come from both Amazon’s own-label ranges and third-party products, have been reduced in […]


News & Trends

Amazon unveils Prime Early Access Sale

September 26, 2022

Via: Charged

Amazon has unveiled a new two-day shopping event exclusive to Prime members, starting 11th October. Prime customers in 15 countries will have access to the event, including Austria, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Spain, Sweden, […]


Suppliers

How Nike is attempting to replicate Amazon’s rapid delivery

September 20, 2022

Via: Charged

Nike is aiming to replicate Amazon’s rapid delivery model by connecting its complex network of stores, warehouses and technology as part of a strategy towards a more “connected inventory”. The sportswear giant‘s CEO, John Donahoe, talked about “connected inventory” in […]


E-commerce, Retail Types

Amazon to give away shipping software to merchants for free

September 16, 2022

Via: Charged

Amazon has announced that it will give ecommerce merchants free software for managing shoppers’ orders on and off its platform, as the retailer extends its reach. The company will be ending monthly fees for Veeqo, a shipping software firm it […]


Suppliers

Amazon to raise delivery drivers’ pay and add more work benefits

September 14, 2022

Via: Charged

Amazon is raising its delivery drivers’ pay and adding more work benefits to some delivery drivers after workers protested earlier this year while fuel prices soared. Amazon has said it will invest $450 million into rate increases, an education program […]


News & Trends

Amazon halts reviews on The Rings of Power to combat fake ratings

September 7, 2022

Via: Charged

Amazon has started a policy of halting user reviews posted on its streaming service Prime Video by up to three days in order to tackle fake ratings. The moves comes after an influx of “review bombing,” which has been come […]