by Mike Duff | Apr 11, 2024 | Featured News, Retail Articles
Amazon president and CEO Andy Jassy, in his annual letter to shareholders, detailed how the company is building new capabilities and services, highlighting how generative AI would fit into its operation. Jassy said in the letter Amazon gives a lot of thought to how...
by Mike Duff | Apr 3, 2024 | Retail Articles
Held from March 20-25, Amazon’s inaugural Big Spring Sale generated a modest 3.1% lift in sales versus the average trailing four weeks, according to Earnest credit card data. The result represents a small acceleration from the seasonal lift that occurred in the same...
by Mike Duff | Mar 14, 2024 | Retail Articles
Amazon is launching its first-ever Big Spring Sale from March 20 through March 25, an initiative that focuses on what the company calls seasonally relevant items. Outdoor furniture, lawn and garden essentials, cleaning and organizing products and spring fashion are...
by Mike Duff | Feb 16, 2024 | Retail Articles
Although Amazon remains the most browsed brand for online shoppers in the United States, different demographic groups have multifaceted and evolving opinions of the e-commerce giant, with almost half of Gen Z backing away from it, according to market researcher...
by Mike Duff | Oct 27, 2023 | Featured News, Retail Articles
The third quarter saw Amazon blow by financial expectations and finish with almost $10 billion in profits. Net income increased to $9.88 billion in the third quarter, or 94 cents per diluted share, versus $2.87 billion, or 28 cents per diluted share, in the...