The legacy business model in consumer and retail is the pipe through which value is generated upstream and delivered to consumers downstream. As everyone is aware, a powerful alternative has emerged. Today “platform” enterprises such as Alibaba, Amazon, Tencent and Uber are dominant business titans. Platforms exist not merely to deliver goods and services, but
SEATTLE – Amazon has expanded its AmazonFresh service to three new cities: Houston, Minneapolis and Phoenix. Prime members in those cities can now shop online for meat, seafood, produce and everyday essentials, and have their orders delivered in two hours or less. “Prime members tell us they want their stuff even faster,” Amazon Fresh and
SEATTLE — Amazon announced on Thursday the U.S. launch of Counter, a new network of staffed pickup points that gives customers the option to pick up their Amazon packages in-store at a partner location. Starting today, customers will have access to more than a hundred Counter locations across the U.S., with thousands of additional locations
SEATTLE — Amazon Wednesday announced the roll out of Beleil, a line of high-quality skin care products that offer solutions for various skin types and feature ingredients with proven effectiveness. The collection has 12 different items, including everything from retinol moisturizer to vitamin C serums, to help customers address common skincare concerns like acne, the appearance
SEATTLE – According to published reports from CNBC and other sources, Amazon has named 14-year company veteran Nader Kabbani to run its new pharmacy business, including the team that came in through last year’s acquisition of PillPack. Kabbani, who helped build Amazon’s Kindle self-publishing platform and has served as vice president in the logistics and Flex
NEW YORK — According to published reports, Amazon reported on Thursday that it was canceling plans to build a corporate campus in New York City. The company had planned to build a huge complex in Long Island City, Queens, in exchange for nearly $3 billion in state and city incentives. But the deal had run
SEATTLE — Amazon.com Inc. reported strong sales and net earnings gains for the fourth quarter, beating analysts’ estimates. But the company’s forecast for first quarter sales growth fell short of analysts’ projections, and shares fell in early morning trading on Friday. Net sales increased 20% to $72.4 billion in the fourth quarter ended December 31. Net
BOSTON — Edge by Ascential, a leading provider of highly accurate and actionable ecommerce data, insights and advisory solutions for global brands and retailers, has published their 11 top predictions for Amazon’s next moves in 2019 and beyond. Edge by Ascential’s Danny Silverman, Chris Perry and Pete Andrews, highly sought-after ecommerce experts who have helped hundreds of
SEATTLE — Amazon today announced that it has selected New York City and Arlington, Virginia, as the locations for the company’s new headquarters. Amazon will invest $5 billion and create more than 50,000 jobs across the two new headquarters locations, with more than 25,000 employees each in New York City and Arlington. The new locations
SEATTLE — Arcadia Group announced today the launch of an Amazon exclusive brand of consumer-use medical devices for diabetes and hypertension management. The new Choice brand will start with a range of blood glucose monitors and blood pressure monitors both with supporting mobile apps which offer measurement tracking, data mobility and reminders. It is estimated that
SEATTLE — Amazon reported a profit of $2.9 billion — $5.75 per share — in its third quarter, up from $256 million a year earlier, as revenue rose 29% to $56.6 billion. Analysts expected Amazon to post earnings of $3.12 per share on $57.1 billion in revenue. It was the second consecutive quarter of record profitability for
SALT LAKE CITY — Private brand expansion has been a major priority for Amazon with several new labels being introduced every year. According to a new report by eCommerce analytics provider One Click Retail, Amazon is now slowing their private brand expansion in favor of introducing a number of Amazon-exclusive brands. Unlike Amazon-owned private labels, these brands
ROCKVILLE, Md. — Among many of today’s consumers, retailer loyalty extends only as far as conveniently and cost-effectively getting the best price on the product they want. The retailer that meets that need wins the sale. Based on this logic, it’s no wonder Walmart continues to essentially go toe-to-toe with retail juggernaut Amazon. Analysis featured in
SEATTLE — Amazon continues to expand grocery delivery from its Whole Foods Market stores, a service now available in 48 cities across the United States. The retailer this week introduced grocery delivery in Milwaukee; Omaha; Detroit; Madison, Wis.; St. Louis; Ann Arbor, Mich.; Tulsa, Okla.; and three Florida cities — Tampa, Orlando and Jacksonville —