Amazon News Updates

Government, Business, Logistics

Trade Group Targets Federal E-Commerce Bid It Says Favors Amazon

A trade association representing wholesale distributors is pressuring lawmakers not to approve increased government spending on a highly lucrative e-commerce contract the group says favors Amazon.com.

July 31, 2019
Business, Logistics

Amazon鈥檚 Spending on One-Day Delivery Dents Profit, Trims Forecast

Amazon.com鈥檚 results were marred by a surge in costs tied to its one-day delivery push, worrying investors who had grown accustomed to almost two straight years of fattening profits.

July 26, 2019
Business, Technology

Amazon Results to Show Extent of Sales Boost From 1-Day Shipping

The effects of Amazon.com鈥檚 one-day shipping push on profitability and sales will be watched closely when the e-commerce giant reports earnings July 25.

July 25, 2019
Business, Logistics

Amazon Eyes Large Warehouse Spot at Brooklyn鈥檚 Industry City

Amazon.com Inc. is in talks to rent space at Brooklyn鈥檚 Industry City for a new logistics facility, according to a person with knowledge of the matter.

July 24, 2019
Government, Business, Logistics

Amazon Has 鈥楧estroyed鈥 US Retail Industry, Says Treasury Secretary Steven Mnuchin

U.S. Treasury Secretary Steven Mnuchin alleged that Amazon has 鈥渓imited competition鈥 and harmed the retail industry as the Trump administration announced a broad antitrust review into whether technology companies are using their power to thwart rivals.

July 24, 2019
Business, Technology

Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms

Same-day shipping is becoming more common for online shoppers, but for smaller merchants it can be a logistical nightmare. That鈥檚 where Shopify Inc. can step in, says Ric Kostick, CEO of 100% PURE.

July 23, 2019
Business, Technology

Amazon Hit With Consumer Complaint Over Prime Day Endorsements

Amazon should be investigated by U.S. regulators over undisclosed paid endorsements on Prime Day, Washington-based Public Citizen, a consumer advocacy group says.

July 23, 2019
Business, TCA

Amazon Hub to Net Estimated $111.7 Million for Florida City

The first question city officials were asked when news broke that Amazon was building an air cargo complex in Lakeland was how would the project benefit area residents. The calculations are in.

July 22, 2019
Business

Data Suggests Amazon Customers Not Sold on Prime

Internet searches for 鈥淐anceling Amazon Prime鈥 were 18 times higher June 15 鈥 the beginning of Amazon.com鈥檚 two-day sale 鈥 than the previous day, according to search engine monitoring firm Captify, suggesting shoppers did not want to make a long-term commitment to the giant online retailer.

July 16, 2019
Business, Safety

Amazon Bargain Days Give Porch Pirates Prime Opportunity

Amazon鈥檚 Prime Day gives shoppers an opportunity to flex their deal-spotting muscles ahead of Black Friday. It also gives package thieves their own chance to warm up.

July 16, 2019