Customers awaiting their Amazon packages in major cities including Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle and St. Louis will begin seeing custom electric delivery vehicles from Rivian rolling to their homes. Amazon announced...
Amazon has named Doug Herrington CEO of its Worldwide Amazon Stores business, formerly known as Worldwide Consumer, as it makes an organizational change. The announcement comes just about two weeks after the company revealed that Dave Clark, CEO of Worldwide Consumer...
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,...
In his first shareholder letter as Amazon president and CEO, Andy Jassy stated that a new world with a bigger role had opened up for the company during the COVID-19 pandemic and Amazon is evolving to meet the challenges and opportunities of the times. In assessing the...