Amazon.com

Victoria's Secret to Sell Lingerie, Apparel on Amazon
June 8, 2023 at 3:07 pm

Victoria's Secret announced Tuesday it was collaborating with Amazon.com to offer its customers fashion and lingerie products. This is an expansion of its collaboration, which first began last year with the launch of Victoria's Secret Beauty in Amazon stores. Now, more than 4,000 Victoria's Secret items will be available at Amazon.com, including the brand's bras,โ€ฆ

Amazon Now Charging for Some Returns Made to The UPS Store
April 12, 2023 at 12:06 pm

Amazon.com has started charging a fee for some returns made at UPS stores. Customers living near a free drop-off location who decide to return their package through UPS may have to pay a $1 fee, an Amazon spokesperson said Tuesday. "We offer convenient, easy returns to Amazon customers, with one or more options for label-free, box-free returnsโ€ฆ

Amazon to Lay Off 9,000 More Employees in Effort to Become a Leaner Business
March 21, 2023 at 5:08 pm

Amazon.com will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday, reports CNBC. The cuts are on top of the previously announced layoffs that began in November and extended into January. That round totaled more than 18,000 employees, and primarily affected staffers in its retail, devices, recruitingโ€ฆ

Report: Amazon Opening More Ultrafast Delivery Sites
February 27, 2023 at 4:35 pm

Amazon.com is reportedly expanding ultrafast delivery options and devoting more resources to facilities and services structured to deliver packages to customers in less than a day, according to a Feb. 26 report in The Wall Street Journal. The expansions are happening at a crucial point for Amazon, which faces competition for fast delivery options while CEO Andyโ€ฆ

Amazon Warehouse Workers Get โ€˜Big Winโ€™ With New York Law on Quotas
January 2, 2023 at 4:28 pm

A new law in New York will require companies that operate distribution centers to be more transparent about their work requirements, aiming to protect warehouse workers from possibly unlawful quotas. Gov. Kathy Hochul last week signed the Warehouse Worker Protection Act, which is modeled after a similar, first-in-the-nation law signed in California last year. The New Yorkโ€ฆ

Amazon, EU Reach Settlement Over Marketplace Seller Data
December 21, 2022 at 6:29 pm

In a settlement with the European Union, Amazon.com on Tuesday agreed to make changes to how it does business, promising to address allegations that it was using independent sellers' data to its advantage. The European Commission, the E.U.'s executive arm, said in a news release on Tuesday that Amazon would stop using nonpublic information it gathersโ€ฆ

Judge Orders Amazon to Stop Retaliating Against Union Organizers
November 22, 2022 at 6:12 pm

A federal judge has ordered Amazon.com to stop retaliating against employees engaged in workplace activism, issuing a mixed ruling that also hands a loss to the federal labor agency that sued the company earlier this year. The ruling came in a court case brought by the National Labor Relations Board, which sued Amazon in March seeking theโ€ฆ

Reports: Amazon to Lay Off 10,000 Employees Beginning This Week
November 14, 2022 at 3:04 pm

Amazon.com is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times, citing people with knowledge of the matter. Separately, The Wall Street Journal also cited a source saying the company plans to lay off thousands of employees. The job cuts will focus onโ€ฆ

Prime Shoppers Buying Gifts at Lower Rates During Amazon Early Access Sale, Data Shows
October 12, 2022 at 2:54 pm

Thirty hours into Amazon.com's Prime Early Access Sale โ€” the first time the e-commerce giant is introducing a second Prime-like deal in the same year โ€” data shows Prime members are taking advantage of the early holiday sale by buying gifts. However, the Early Access Sale's numbers are lower than Amazon's July Prime Day event, according toโ€ฆ

Amazon to Invest $150M in VC Funds Backing Underrepresented Founders
October 5, 2022 at 12:23 pm

Amazon.com announced Wednesday it would spend $150 million in venture capital funds on firms that are backing companies founded by underrepresented founders. The online retail giant dubbed the initiative "Amazon Catalytic Capital" and expects to support more than 10 funds and over 200 companies through the next year, it said in a press release. The companyโ€ฆ