Amazon fell short of second-quarter expectations as it continued working to cut costs and drive its Prime business. In the quarter that ended June 30, Amazon’s net loss was $2.03 billion, or 20 cents per diluted share, versus net earnings of $7.78 billion, or 76...
In the first quarter, Amazon had to cope with an environment where a weakening pandemic, snarled supply chains and international turmoil hit operations and pressured earnings. Net loss in the quarter was $3.84 billion, or $7.56 per diluted share, the company reported,...
As it adds new physical stores, Amazon is not only increasing its experience of bricks and mortar retailing but also is learning how to bring such operations into line with its larger corporate goals, including sustainability, as in the case of its latest Amazon Fresh...
Just-wave-your-hand-to-pay purchasing is emerging from Amazon and heading to airports across North America. Hudson, with more than 1,000 outlets in airports, commuter hubs, landmarks and tourist destinations in North America, has announced it has become the first...