Amazon said Sept. 26 that in October it will hold a second Prime Day-like shopping event, making it the latest major retailer to offer holiday deals earlier this year to entice cautious consumers struggling with tighter budgets.
September 26, 2022Amazon News Updates
Amazon to Hold Holiday Shopping Event in October
Amazon Air Cargo Flights Grow at Slower Pace
Amazon .com Inc.’s cargo airline is growing at the slowest pace since the start of the pandemic, the latest sign that the e-commerce giant is adjusting to slackening demand.
September 20, 2022Amazon Signs Deal to Bring Low-Carbon Fuels to Trucking Fleet
SEATTLE — Amazon .com Inc. signed an agreement with renewable fuels technology company Infinium on Sept. 20 to begin powering its transport vehicles with ultra-low carbon electrofuels starting in 2023.
September 20, 2022California Sues Amazon, Alleging Antitrust Law Violations
NEW YORK — California is suing Amazon, accusing the company of violating the state’s antitrust laws by stifling competition and engaging in practices that push sellers to maintain higher prices on products on other sites.
September 14, 2022Amazon to Close Two Maryland Facilities in October
Amazon .com Inc. appears to be scaling back the expansion of what had been its growing delivery network as consumers shift spending habits from the large volume of COVID-19 purchases to a more traditional balance of goods and services.
September 6, 2022Amazon Signs Hydrogen Deal With Plug to Cut Fossil Fuel Use
Amazon.com Inc. agreed to buy enough carbon-free hydrogen from Plug Power Inc. to run 30,000 forklifts or 800 longhaul trucks annually in a push to use less fossil fuels and decarbonize its operations. Plug’s shares surged.
August 25, 2022Amazon Starts Same-Day Deliveries From Stores in Metro Areas
Amazon.com Inc. has started delivering items from brick-and-mortar stores in a dozen metro areas, the e-commerce giant’s latest effort to make more products available for speedy delivery.
August 1, 2022Amazon Reports Strong Sales That Ease Fears of Slowdown
Amazon .com Inc. reported revenue that topped estimates and gave a strong sales forecast for the current quarter, allaying investor concerns about potential belt-tightening by inflation-rattled consumers. Shares jumped more than 10% in extended trading.
July 28, 2022Amazon Prime Day Pushed Web Sales Up 8.5% to $11.9 Billion
Online spending in the U.S. rose 8.5% to $11.9 billion during Amazon.com Inc.’s two-day Prime Day promotion, according to Adobe Inc., helping boost traffic on competing sites such as Walmart.com and Target.com that held their own sales.
July 14, 2022Can You Canoo? Terms of Deal Say Walmart Can, Amazon Can’t
Walmart Inc.’s deal backing an electric vehicle startup has some strings, including a provision preventing sales to rival Amazon.
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