by Mike Duff | Feb 2, 2024 | Retail Articles
In a strong finish to the year, Amazon easily beat Wall Street estimates as sales in North America advanced to double digits and the region turned to profits. In announcing its financial results, Amazon maintained that generative artificial intelligence would be a...
by Mike Duff | Jan 31, 2024 | Retail Articles
Amazon reached an important delivery speed milestone in 2023, according to a blog post from Doug Herrington, CEO of worldwide Amazon stores, and the company is primed to do better in 2024. Last year, Amazon delivered Prime member orders at the fastest speeds ever,...
by Mike Duff | Jan 29, 2024 | Retail Articles
iRobot and Amazon have announced that they have entered into a mutual agreement to terminate the acquisition agreement they originally signed on August 4, 2022, a move that triggers a $94 million termination payment from the retailer to the manufacturer. At the same...
by Mike Duff | Jan 25, 2024 | Retail Articles
Temu has announced the results of a survey regarding U.S. consumer online shopping preferences and when it comes to purchasing determinations, price is primary. Consumers remain wary about spending despite recent positive economic indicators, including a solid...
by Mike Duff | Jan 23, 2024 | Retail Articles
Amazon has brought in new leadership to oversee a $1 billion technologies fund to establish more effective supply chain and distribution operations. In 2022, the company launched the Amazon Industrial Innovation Fund, a $1 billion venture investment program designed...
