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Amazon Touts AI Advances in Exceeding Q3 Expectations

Amazon Touts AI Advances in Exceeding Q3 Expectations

by Mike Duff | Oct 27, 2023 | Featured News, Retail Articles

The third quarter saw Amazon blow by financial expectations and finish with almost $10 billion in profits. Net income increased to $9.88 billion in the third quarter, or 94 cents per diluted share, versus $2.87 billion, or 28 cents per diluted share, in the...
Amazon Collaborates in Coalition To Fight Fake Reviews

Amazon Collaborates in Coalition To Fight Fake Reviews

by Mike Duff | Oct 18, 2023 | Featured News, Retail Articles

Amazon, Booking.com, Expedia Group, Glassdoor, Tripadvisor and Trustpilot have launched what they call the first global Coalition for Trusted Reviews, a cross-industry collaboration developed to help ensure that consumer reviews on product and services are legitimate....
Walmart, Amazon Moving To Boost Fulfillment Networks

Walmart, Amazon Moving To Boost Fulfillment Networks

by Mike Duff | Oct 16, 2023 | Retail Articles

As they continue to upgrade their capabilities, Amazon and Walmart announced the addition of new distribution facilities, although of different varieties, to improve the moment goods to consumers. Walmart plans to open its fifth next-generation fulfillment center in...
Amazon Moved Fast To Drive Prime Big Deal Days Success

Amazon Moved Fast To Drive Prime Big Deal Days Success

by Mike Duff | Oct 13, 2023 | Retail Articles

Amazon reported Prime Big Deal Days was a successful beginning to the holiday sales season and a demonstration of how effectively its fulfillment services can function. The company noted U.S. Prime members purchased more than 25 million items with same-day or next-day...
Amazon Moved Fast To Drive Prime Big Deal Days Success

Home Merchandise Generates Strong Prime Big Deal Days Sales

by Mike Duff | Oct 12, 2023 | Retail Articles

In the Amazon Prime Big Deal Days event on October 10 and 11, the Home Goods category had a strong showing. In an updated study by market researcher Numerator, winning 23% of sales just behind the top-selling Apparel and Shoes category, which came in at 25%, and ahead...
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