Amazon

Walmart's Low Price Promise In Focus After Amazon's Warning

Walmart's 'Everyday Low Price' promise will be put to the test when it reports quarterly results.

Amazon Says Consumers Cautious, Forecasts Revenue Below Targets

Amazon.com has reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sendi...

Retailers' Early US Back-To-School Sales Hasten Peak Ocean Shipping Season

Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com's Prime Day event from siphoning US sales of backpacks and lap...

US Online Sales Hit $7.2bn On First Day Of Amazon Prime Day Event, Adobe Says

Shoppers spent about $7.2 billion online across retailers during the first day of Amazon's Prime Day in the United States on 17 July, according to a report...

US Back-To-School Spending To Remain Muted In 2024, Deloitte Says

Back-to-school spending this year is expected to be flat or lower in the United States, as shoppers dial down on expensive electronics such as laptops and...

Amazon Could Face Probe Over Treatment Of UK Grocery Suppliers, GCA Says

Britain's grocery regulator has said that Amazon could face a formal investigation if it does not improve its compliance with an industry code designed to...

Amazon Reports 3% Decline In Total Emissions In 2023, Meets Renewable Power Goal

E-commerce giant Amazon's overall emissions fell 3% last year as the company met a goal for all of the electricity it consumes globally to be matched with...

Jeff Bezos To Sell Amazon Shares Worth About $5bn After Stock Hits Record High

Amazon founder and executive chair Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showe...