NRF: Retail Sales Picked Up Momentum in July

NRF: Retail Sales Picked Up Momentum in July

Retail sales reversed their downward trend in July as Amazon Prime Day and major promotions by other brands prompted more shopping while wage increases gave consumers more money to spend, according to the National Retail Federation. The United States Census Bureau has...
Amazon Plans Second 2023 Prime Day This October

Amazon Plans Second 2023 Prime Day This October

Amazon is planning a fall Prime Day event in October 2023, as announced by Doug Herrington CEO, Worldwide Amazon Stores. Herrington announced the event on LinkedIn, but Amazon repeated the announcement on its website, confirming that the October Prime Day event will...
Amazon Q2 Features Big Earnings Turnaround

Amazon Q2 Features Big Earnings Turnaround

In the second quarter, Amazon posted strong earnings even as its overall and product sales advanced. Amazon’s net income was $6.75 billion, or 65 cents per diluted share, compared with a net loss of $2.03 billion, or 20 cents per diluted share, in the 2022...