by Mike Duff | Sep 26, 2023 | Featured News, Retail Articles
The United States Federal Trade Commission announced it and 17 state attorneys general are suing Amazon, alleging the company is a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. The suit...
by Mike Duff | Sep 18, 2023 | Retail Articles
Amazon announced Fall Prime Day will take place October 10 to 11, showcasing what the company said are some of its best holiday deals. As major retailers have launched initiatives to capture and even encourage early holiday shopping, Amazon has gone to market...
by Mike Duff | Aug 9, 2023 | Retail Articles
Amazon is planning a fall Prime Day event in October 2023, as announced by Doug Herrington CEO, Worldwide Amazon Stores. Herrington announced the event on LinkedIn, but Amazon repeated the announcement on its website, confirming that the October Prime Day event will...
by Mike Duff | Aug 4, 2023 | Retail Articles
In the second quarter, Amazon posted strong earnings even as its overall and product sales advanced. Amazon’s net income was $6.75 billion, or 65 cents per diluted share, compared with a net loss of $2.03 billion, or 20 cents per diluted share, in the 2022...
by Mike Duff | Jul 7, 2023 | Retail Articles
A study by Upgraded Points polled 3,000 online shoppers in 44 of the United States to get a look at Amazon customers by asking them to rate their addiction to the site, and Alabama consumers scored as the most obsessed. In Alabama, 36.5% of respondents rated their...
