In an initiative developed to help its marketplace members deal with return-related issues, Amazon is giving sellers that use its Fulfillment by Amazon operation flexible options, including resale, for managing product returns. Recommerce is a larger consideration...
To get on track for the end-of-year holidays, Amazon has announced that it will again launch a major fall promotion focused on its Prime members. The Prime Big Deal Days event returns in October, although Amazon didn’t say just when yet, offering members access to...
The summer has been a busy one for Amazon due to Prime Day, events such as the rollout of its Rufus AI-enhanced search engine and shopping assistant, and, now, the relaunch of the company’s recommerce site as Amazon Resale. What had operated as Amazon Warehouse now...
Amazon beat Wall Street earnings estimates for the second quarter in what the company reported was an all-around solid quarter with improved key metrics from each division. Net income was $13.49 billion, or $1.26 per diluted share, versus $6.75 billion, or 65 cents...
Amazon, which continues to invest heavily in rapid-delivery operations, is touting how much the company has improved fulfillment performance during the first half of 2024. Amazon reported it has delivered more than five billion Prime items on the same or next day...
