Amazon is planning a fall Prime Day event in October 2023, as announced by Doug Herrington CEO, Worldwide Amazon Stores. Herrington announced the event on LinkedIn, but Amazon repeated the announcement on its website, confirming that the October Prime Day event will...
Although iRobot Corp. second-quarter earnings slipped, the company managed to beat a Wall Street estimate as it continues to await the conclusion of its merger with Amazon. Net loss was $80.8 million, or $2.93 per diluted share, versus $43.4 million, or $1.60 per...
In the second quarter, Amazon posted strong earnings even as its overall and product sales advanced. Amazon’s net income was $6.75 billion, or 65 cents per diluted share, compared with a net loss of $2.03 billion, or 20 cents per diluted share, in the 2022...
To give consumers a new way to pay for purchases, Amazon has struck a deal with Fiserv, a payments and financial technology solutions provider, that will allow eligible debit and credit cardholders to redeem their uChoose Rewards points for purchases on Amazon.com and...
In a fresh build, Amazon has debuted a new 823,000-square-foot robotic fulfillment center in Detroit that employs innovative technology to assist in processing customer orders. The new facility expands Amazon’s operations and transportation network in the state,...