According to Numerator, early results from Walmart+ Weekend, the company’s first members-only sale event held from June 2 to 5, demonstrated that the average spend per order was $69.75, above both the average Walmart.com order size of $64.99 and the average Amazon...
Dave Clark, Amazon CEO of Worldwide Consumer and a critical player in the company’s operational expansion during the COVID-19 pandemic, is leaving the company to pursue other interests, the company reported. The move comes as Amazon is addressing overcapacity...
In the first quarter, Amazon had to cope with an environment where a weakening pandemic, snarled supply chains and international turmoil hit operations and pressured earnings. Net loss in the quarter was $3.84 billion, or $7.56 per diluted share, the company reported,...
Amazon Prime has teamed up with musician, actor and popular TikTok creator Jason Derulo for its debut on the platform. Prime has embraced its late addition to the platform with a bio reading, “Quick to deliver, slow to TikTok,” and a debut video captioned,...
Amazon has announced the launch of Buy with Prime, an initiative that extends the company’s key shopping membership program to online stores beyond its own website. Amazon is making Buy with Prime available by invitation only to merchants using Fulfillment by Amazon....
