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 has brought in new leadership to oversee a $1 billion technologies fund to establish more effective supply chain and distribution operations. In 2022, the company launched the Amazon Industrial Innovation Fund, a $1 billion venture investment program designed...
As the company maintains westward expansion, BJ’s Wholesale Club announced that its first Alabama store will open Friday in Madison. Over the past two years, BJ’s has moved beyond the company’s East Coast market area, opening its first stores in Michigan and...
BJ’s Wholesale Club posted lower adjusted net income for the first quarter while comparable sales advanced versus the year-past period. For the quarter, company net income was $116.1 million, or 85 cents per diluted share, versus $112.5, or 82 cents per diluted share,...
Sam’s Club is marking its 40th birthday this month with activations that celebrate membership, including in-club events, an exclusive café item and more than $100 in savings and rewards for members, as well as a membership offer that sets the price as low as $10...
