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Amazon rakes in $14.2B for Prime Day sale, up 11% from a year ago
Top-selling products included protein shakes, Amazon’s Fire TV Stick streaming device and Glad brand trash bags, according to Numerator.
Top-selling products included protein shakes, Amazon’s Fire TV Stick streaming device and Glad brand trash bags, according to Numerator.
Consumers reported losing about $10 billion to fraud in 2023, a 14% jump from 2022. Online shopping scams were the second most-reported form of fraud.
The company said Thursday that it’s already replaced 95% of the plastic air pillows with paper filler in North America and is working toward complete removal by year’s end.
Two law firms spearheading the action said about 15,860 Amazon Flex drivers have submitted arbitration claims with the American Arbitration Association, where 453 similar cases are already being litigated.
By the end of the decade, the company has a goal of delivering 500 million packages by drone every year.
Amazon is the second-largest private-sector employer in the U.S. behind Walmart Inc. and accounts for about 29% of the U.S. warehousing industry workforce, the researchers estimated.
Amid a shift in work habits prompted by the coronavirus pandemic and a squeeze in the tech industry, the downturn in hiring marks another setback in the boost Amazon had initially promised.
Under the terms of the restructuring agreement, Amazon will make a minority investment in Diamond and enter into a commercial arrangement to provide access to Diamond’s content via Prime Video.
Walmart, Target and Amazon are all-in on the shipping wars, a move retail experts say will help them maintain a competitive edge against low-cost Chinese retailers Shein and Temu.
The announcement on Thursday shows Amazon’s ambitions to grow its footprint through dealers in an industry that has strong lobbying forces and heavy state regulations.
The new model—designed to work as a rolling security guard—costs $750 more than the consumer version, which launched two years ago.
Amazon is accused of violating federal and state antitrust laws, but the company has responded with a full-throated defense of its business practices.
The long-awaited move seeks to bar the company from allegedly abusing its powers to raise prices for shoppers and levy high fees against businesses that sell on its platform.
Amazon corporate employees have been pushing back against the company’s return to office policy for months—and it seems the e-commerce giant’s CEO has had enough.
Amazon has restarted a shipping service it paused in the early days of the COVID-19 pandemic. Amazon Shipping allows sellers to ship Amazon orders or products sold on other sites.
The company said in a blog post Monday that it will use artificial intelligence to pick out common themes in reviews and summarize them in a short paragraph on the product detail page.
Amazon’s flagship online retail business, which had slowed dramatically following a boom earlier in the pandemic, grew 5%, its best showing since the third quarter of last year.
Amazon said the first day of the sale was the biggest in its history and that shoppers purchased more than 375 million items over two days.
Amazon was sued Wednesday by Federal Trade Commission, which accused the company of using deceptive designs, known as “dark patterns,” to deceive consumers into enrolling in the Prime program.
The Federal Trade Commission voted to file charges in two separate cases Wednesday that could also force the company to delete certain data collected by its popular internet-connected devices.