Amazon

Amazon to pay employees’ college tuition

Amazon to pay employees’ college tuition

SEATTLE — Amazon said Thursday that it will fund full college tuition for its front-line employees as part of a $1.2 billion investment in expanded education and skills training benefits for its U.S. employees. Along with college tuition, the company’s Career Choice program will fund high school diplomas, GEDs, and English as a Second Language

Amazon reportedly planning bigger stores

Amazon reportedly planning bigger stores

NEW YORK — In the week that big-box retailers reported that shoppers are returning to stores came news of Amazon.com Inc.’s latest brick-and-mortar experiment. Citing people familiar with the plans, The Wall Street Journal reported that Amazon intends to open retail locations that would operate much like department stores, selling apparel, personal-technology gadgets, household items and other

Amazon’s threat to Rx is real but not insurmountable

Amazon’s threat to Rx is real but not insurmountable

Amazon has spent the last few years methodically entering the retail pharmacy market. Powered by their day one attitude, over 100 million Prime households in the U.S., and a penchant for disrupting large, inefficient industries, Amazon is well positioned to disrupt and gain significant share of the U.S. pharmacy business. Doing this will further strengthen

Amazon’s sales growth slows in Q2

Amazon’s sales growth slows in Q2

SEATTLE — Amazon on Thursday reported net sales of $113.1 billion for the second quarter, an increase of 27% compared with the same period last year. That result fell short of analysts’ expectations, and the company’s stock fell in after-hours trading. Like many retailers, Amazon is facing tough comparisons with 2020, when the pandemic drove

Amazon to buy MGM movie studio

Amazon to buy MGM movie studio

SEATTLE  — Amazon has agreed to purchase the entertainment company MGM in an $8.45 billion deal. Amazon said that the storied film and television studio, with nearly a century of filmmaking history, will complement its own Amazon Studios unit, which is focused on producing TV show programming. Amazon said it will help preserve MGM’s heritage

Amazon introduces new mental health benefit program for employees

Amazon introduces new mental health benefit program for employees

SEATTLE — Amazon launched on Thursday a new mental health benefit, Resources for Living, that provides every U.S. employee, their family, and their household with a single place to start for personalized, convenient, and confidential support for mental health and daily life assistance. These services are available 24 hours a day, seven days a week,

Study defines the value of retail media investment

Study defines the value of retail media investment

BOSTON — E-commerce was the top retail growth driver in the U.S. even before COVID-19. And with this year’s digital acceleration, winning in retail long term now requires that brand manufacturers win online first. And, of course, no discussion of e-commerce is complete without reference to the proverbial 800-pound gorilla in the room: Amazon. The

A brick-and-mortar player too — with many differences

A brick-and-mortar player too — with many differences

Today, Amazon’s success goes far beyond how it has transformed the way we think about and embrace digital shopping. It’s too obvious to talk about how Amazon’s approach to search, click and buy has transformed our definition of convenience and service. Twenty years after it launched as a place to buy secondhand school texts, it

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