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Amazon Retitles Recommerce Site as Latest Summer Initiative

Amazon Retitles Recommerce Site as Latest Summer Initiative

by Mike Duff | Aug 14, 2024 | Retail Articles

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 Makes Q2 Headway with Gains Across Key Divisions

Amazon Makes Q2 Headway with Gains Across Key Divisions

by Mike Duff | Aug 2, 2024 | Featured News, Retail Articles

Amazon beat Wall Street earnings estimates for the second quarter in what the company reported was an all-around solid quarter with improved key metrics from each division. Net income was $13.49 billion, or $1.26 per diluted share, versus $6.75 billion, or 65 cents...
Amazon Joins Better Business Bureau in Lawsuit Against Review Broker

Amazon Joins Better Business Bureau in Lawsuit Against Review Broker

by Mike Duff | Jul 19, 2024 | Retail Articles

Coming off what it characterized as a successful Prime Day, Amazon has announced it will enter a lawsuit alongside the Better Business Bureau to shut down a source of what it characterizes as fake reviews. Although it doesn’t release numbers on Prime Day, Amazon...
Amazon’s 2024 Prime Day Sets New Sales Records Amid Evolving Consumer Trends

Amazon’s 2024 Prime Day Sets New Sales Records Amid Evolving Consumer Trends

by Mike Duff | Jul 18, 2024 | Retail Articles

Amazon is calling the 2024 version its biggest Prime Day shopping event ever, with record sales and more items sold during the two-day promotion than any such previously, even as consumers changed how they shopped. During the 48-hour shopping event, members of...
Numerator Reports Strong Home Product Sales During Prime Day

Numerator Reports Strong Home Product Sales During Prime Day

by Mike Duff | Jul 17, 2024 | Retail Articles

As of 7 a.m. Eastern Time on July 17, Home was the second most shopped category in Amazon’s Prime Day promotional event. Prime Day launched on July 16 at 12:01 a.m. Pacific Time or 3:10 a.m. Eastern Time, and Amazon planned the event to be a celebration of value, as...
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