Tag : Amazon
Amazon eyes JC PenneySubscription
Ecommerce giant Amazon is reportedly in talks to buy the American department store chain
Amazon warns Covid-19 will wipe out profits Subscription
Amazon’s net sales increased by 26% to $75.5bn (£59.1bn) in the first quarter of 2020, but the etailer warned the ongoing coronavirus crisis will wipe out its profits in Q2.
Amazon welcomes grey-market ruling Subscription
The Court of Justice of the European Union has ruled that etailer Amazon is not liable where third-party sellers use the online marketplace for the sale of grey-market product.
Amazon prioritises ‘high-demand’ productsSubscription
Online retailer Amazon has stopped sellers from sending non-essential items to its UK and US warehouses until 5 April due to the increased demand of certain items during the coronavirus outbreak.
Etail giant Amazon has told its global workforce to work from home for the remainder of March, as a result of the Covid-19 coronavirus pandemic.
Digital service tax gets green light Subscription
The government has confirmed it will introduce a digital services tax to collect 2% of revenue made in the UK by companies such as Amazon and Facebook.
Sainsbury's appoints online clothing bossSubscription
Sainsbury’s has appointed Amazon’s Jessica Brown as head of ecommerce, clothing.
Concerns raised over Amazon warehouse injuriesSubscription
More than 600 workers have been injured at Amazon warehouses in the UK over the past three years, according to figures seen by the GMB Union.
Matchesfashion appoints new CEOSubscription
Matchesfashion has appointed former Amazon vice-president Ajay Kavan as its new chief executive, effective 19 March 2020.
Sales surge at AmazonSubscription
Total net sales at Amazon rose 21% to $87.4bn (£66.6bn) for the three months to 31 December as the online giant increased its investment in faster shipping over the Christmas period.
Amazon opens new Manchester officeSubscription
Amazon has today opened its new corporate office in Manchester’s Northern Quarter to house more than 600 employees.
The number of UK online retailers in financial distress has risen by 65% over the past three years to 9,024, insolvency firm Begbies Traynor has found.
Online retail giant Amazon has confirmed it is opening a new fulfilment centre in Darlington, County Durham, and expects to create more than 1,000 jobs.
Primark has urged its customers to avoid purchasing its products on Amazon after it emerged that some of its Disney- and Harry Potter-themed products are being sold for inflated prices.
Fashion businesses support Global Climate StrikeSubscription
Fashion brands and retailers including Vivienne Westwood and Allbirds have pledged support to the climate campaign Global Climate Strike, which kicks off tomorrow.
LVMH provides aid for Amazon wildfiresSubscription
Luxury group LVMH has donated €10m (£9.1m) to help fight the wildfires that are ravaging the Amazon rainforest.
Amazon sales soar but profits miss expectationsSubscription
Ecommerce juggernaut Amazon has reported a 20% rise in worldwide sales to $63.4bn (£50.9bn) for its second quarter, ending 30 June 2019. While profits also rose, they failed to hit analyst expectations.
EU to probe Amazon's use of sellers' dataSubscription
The European Union’s competition regulator has launched an investigation into Amazon over concerns that it is using its sellers’ data to gain a competitive advantage.
Amazon reveals Prime Day fashion discountsSubscription
As part of its annual Prime Day promotion, Amazon is offering up to 55% off footwear, clothing and fashion accessories until 16 July, as part of its “biggest ever” event.
Amazon launches photo search Subscription
Amazon has unveiled a new feature in its app which finds clothes by analysing an uploaded photo.