Amazon circulated a statement internally that addressed the company decision to eliminate 9,000 more positions in the next few weeks on top of 18,000 layoffs previously announced. In the statement, CEO Andy Jassy noted: As part of our annual planning process, leaders...
Amazon is offering sellers on the its 3P marketplace a faster way to get cash that’s coming their way. Express Payout is a new service Amazon is offering to its marketplace sellers in the United States. Instead of waiting three to five days for money to clear the ACH...
Companies from the United States dominated the top 10 global retailer list that business services firm Deloitte incorporated into its Global Powers of Retailing 2023 report. In addition, the report includes an analysis that suggests at least some economic...
Amazon and Martha Stewart have teamed to open The World of Martha, an online shop featuring a comprehensive range of home and housewares products bearing the Martha Stewart brand. Martha Stewart announced in her blog that the World of Martha is now offering essentials...
Bed Bath & Beyond found a potential rescuer in Hudson Bay Capital, but it still has a long way to go before its fortunes are secure. Certainly, Bed Bath & Beyond is characterizing the stock transaction and its backing by Hudson Bay Capital (not affiliated with...