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Amazon

Amazon reports robust sales and earnings for Q4

Amazon reports robust sales and earnings for Q4

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

Edge by Ascential publishes its top 11 Amazon predictions for 2019

Edge by Ascential publishes its top 11 Amazon predictions for 2019

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

Amazon selects NYC and Northern Virginia for HQ2

Amazon selects NYC and Northern Virginia for HQ2

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

Amazon to sell exclusive line of health devices

Amazon to sell exclusive line of health devices

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

Report says Amazon shifting from private label to exclusive brands

Report says Amazon shifting from private label to exclusive brands

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

Packaged Facts reports Walmart’s expands customer base in war with Amazon

Packaged Facts reports Walmart’s expands customer base in war with Amazon

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

Amazon reigns as premier product search engine

Amazon reigns as premier product search engine

Last month investment firm Piper Jaffray projected Amazon will more than triple its advertising business to some $16 billion by 2021, largely based on the retail giant’s position as “the world’s largest product search engine.” While Google may take exception to that particular designation, it is undeniable that Amazon has rapidly become a major advertising

Amazon looks at rollout of cashier-less stores

Amazon looks at rollout of cashier-less stores

SEATTLE — Amazon is considering opening as many as 3,000 of its cashier-less Amazon Go convenience stores by 2021, unnamed sources familiar with the plan told Bloomberg News. Ten Go stores would be up and running by the end of 2018, 50 by the end of 2019 and up to 3,000 by 2021, according to

Amazon moves to crack the pharmacy market

Amazon moves to crack the pharmacy market

NEW YORK — Amazon.com’s venture into the pharmacy market has finally been confirmed. On June 28, Amazon announced that it had entered into an agreement to buy U.S.-based online pharmacy PillPack. Amazon did not reveal details of the consideration, but CNBC reported that Amazon made an offer of $1 billion to acquire PillPack after Walmart

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