Amazon struck a deal with artificial intelligence developer Covariant and is expanding its Bay Area AI and robotics team as the company continues to look for ways to make its logistics systems more faster and more efficient. Amazon is licensing Covariant’s robotic...
The upcoming holiday presents challenges for retailers fighting it out through a shopping period with the fewest number of days between Thanksgiving and Christmas since 2019 and with 43% of consumers carrying more debt than they held in 2023. Data from the Salesforce...
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...
