Online shopping in the U.S. hit a new milestone in 2019, with a key metric surpassing every major category of brick-and-mortar stores except for big-ticket autos.
January 16, 2020Amazon News Updates
Americans Hit Fresh Online-Buying Milestone in 2019
Amazon Lifts Restriction on Sellers Using FedEx to Ship Packages
Amazon .com Inc. lifted restrictions established during the holiday shopping season that had prevented third-party merchants selling goods on the site from shipping packages with FedEx Corp.鈥檚 ground service.
January 14, 2020Amazon Plans Large Distribution Center Near Chicago
Amazon plans to open a three-building distribution center on the site of the former Maywood Park horse track near Chicago, as part of the e-commerce giant鈥檚 ongoing race to deliver packages to customers faster.
January 7, 2020Amazon Leads S&P 500 After Reporting 鈥楻ecord鈥 Holiday Sales
Amazon.com Inc.鈥檚 stock had the biggest advance on the S&P 500 Index after the e-commerce giant said its holiday season this year was 鈥渞ecord-breaking,鈥 with billions of items shipped and 鈥渢ens of millions鈥 of Amazon devices like the Echo Dot sold.
December 27, 2019Amazon鈥檚 Van-Buying Spree Delivers a Gift to Auto Industry
The Amazon.com vans parked outside apartment buildings and along suburban cul-de-sacs aren鈥檛 just bearing gifts to online shoppers this holiday season. The e-commerce giant鈥檚 home-delivery push has been a boon to automakers, too.
December 19, 2019FedEx鈥檚 Q2 Earnings Tumble, Even More Than Wall Street Expected
FedEx Corp. reported lower-than-expected second-quarter fiscal year 2020 earnings Dec. 17, missing Wall Street analysts鈥 expectations.
December 17, 2019Dave Clark: The Man Who Built Amazon鈥檚 Delivery Machine
Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations.
December 17, 2019Where鈥檚 My Amazon Package? It May Be Late
NEW YORK 鈥 It鈥檚 just a week into the holiday shopping season, and Amazon already 聽is having trouble getting packages to shoppers鈥 doorsteps on time.
December 6, 2019Amazon Plans to Open Cashierless Supermarkets Next Year
Amazon.com is preparing to open Amazon Go supermarkets and pop-up stores, an expansion of the company鈥檚 cashierless ambitions that includes the possibility of licensing the technology to other retailers.
November 20, 2019Amazon Accused of Forcing Up Prices in Antitrust Complaint
In a letter sent to federal lawmakers, an online merchant has accused Amazon.com of forcing him and other sellers to use the company鈥檚 expensive logistics services, which in turn forces them to raise prices for consumers.
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