by Mike Duff | Mar 2, 2026 | Retail Articles
Amazon announced it has struck a fresh deal with OpenAI in a multi-year strategic partnership designed, according to Amazon, to accelerate AI innovation for enterprises, startups and end consumers around the world. Amazon said it will invest $50 billion in OpenAI,...
by Mike Duff | Feb 16, 2026 | Retail Articles
Amazon might be turning to the Chicago market again to build out its namesake superstore operations based on a report the company plans a second Chicagoland brick-and-mortar location, this time in Oak Brook, IL. The Chicago Tribune eported Amazon has sought a permit...
by Mike Duff | Feb 6, 2026 | Retail Articles
The fourth quarter at Amazon generated sales that exceeded analyst estimates but earnings that fell short, as the company announced it would invest heavily in capacity expansion, including for its retail operations. Net income increased to $21.19 billion in the fourth...
by Mike Duff | Jan 29, 2026 | Retail Articles
The restructuring launched recently by Amazon continues with the announcement by the company in a blog post that it would eliminate 16,000 positions. In October of last year, Amazon revealed it would lay off 14,000 employees. And, just days ago, Amazon unveiled a...
by Mike Duff | Jan 28, 2026 | Retail Articles
Amazon is shifting its emphasis in the grocery business to its delivery operations and Whole Foods Market, which will add more than 100 new stores over the next several years, as the company closes its Amazon Go and Amazon Fresh brick-and-mortar stores. In addition...
