by Mike Duff | Jul 28, 2023 | Retail Articles
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...
by Mike Duff | Jul 27, 2023 | Retail Articles
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,...
by Mike Duff | Jul 25, 2023 | Retail Articles
iRobot has entered into a new $200 million credit facility that prompted the company and Amazon to amend the price per share formerly set for its acquisition by the retailer. Under the amended acquisition terms, Amazon will pay $51.75 per share revised down from $61...
by Mike Duff | Jul 18, 2023 | Retail Articles
Market researcher Kearney described the consumer response to Amazon Prime Day as “tepid.” According to Kearney Consumer Institute lead Katie Thomas, Prime Day has become a consumer “nice-to-have,” but not a must. Shoppers polled by KCI said that, of available...
by Mike Duff | Jul 13, 2023 | Retail Articles
Amazon announced the first day of Prime Day, July 11, was the single largest sales day in its history, while market researcher Numerator made some germane observations about the event in general including the strong showing of merchandise for the home. For the 2023...