by Mike Duff | May 10, 2023 | Retail Articles
The first quarter was not kind to iRobot, which suffered larger losses and lower sales as well as a Wall Street estimate miss. In the quarter iRobot Corp. recorded a net loss of $81.1 million, or $2.95 per diluted share, versus a net loss of $30.4 million, or $1.12...
by Mike Duff | Apr 28, 2023 | Featured News, Retail Articles
Amazon turned to profits in the first quarter and beat Wall Street earnings and sales estimates with the e-commerce giant noting the contribution of an expanded home assortment led by a new Martha Stewart program. The company posted first-quarter net income of $3.17...
by Mike Duff | Apr 20, 2023 | Featured News, Retail Articles
Amazon has announced a new initiative to push criminals out of digital retail, one that gives participating stores, not limited to stores on the Amazon marketplace, the ability to share information about confirmed counterfeiters who attempted to use the stores’...
by Mike Duff | Apr 4, 2023 | Retail Articles
Amazon has released its third annual Brand Protection Report, highlighting efforts to protect customers, brands and selling partners from counterfeit products. Amazon said its efforts have resulted in more criminal referrals as the company extends industry...
by Peter Giannetti | Mar 23, 2023 | Retail Articles
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...
