Dozens of the nation’s largest retailers including Macy’s, Amazon.com and Home Depot have quickly moved to disassociate themselves from new discount retail website Jet.com. The retailers complained to Jet after discovering it had placed links to their sites without permission, promising its own members cash back for making purchases after clicking the links. A comparison of Jet’s…
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We find ourselves mid-year 2015 with the back-to-school shopping season upon us. The National Retail Federation reports that shoppers plan to spend about $630 overall on clothing, shoes, supplies and electronics for their K-12 students this year, a nearly 6 percent decline from the $669 average planned budget in 2014. Since the recession, consumers’ back-to-school…
Amazon.com has placed new restrictions on how many users can access a Prime account and is excluding businesses from the program. People pay $99 for Amazon Prime membership, and until this month, were allowed to share their account with four other members. A new provision called "Amazon Households" restricts members to sharing the program with up…
When Amazon.com announced the Dash Button back on March 31, it seemed like an early April Fools’ Day joke: it had made a button you can buy that would place an order for something — a single, specific product — whenever you pressed it. But the Dash Button was very real and designed to be…
Amazon.com wants to carve out a special zone of the sky to shuttle commercial drones that would deliver goods to its customers. Amazon Prime Air project vice president Gur Kimchi used a NASA convention in California on Tuesday to fly the idea of dedicating separate air zones for commercial drones. Kimchi proposed setting commercial drone zones between…
Amazon.com wants to change how shoppers tackle a top weekend errand: going to the grocery store. The e-commerce company is reportedly developing a drive-up store concept in California, according to the Silicon Valley Business Journal. It would allow shoppers to order grocery items online and then schedule a pickup at a dedicated facility. The project…
Investors loved Amazon.com's quarterly profits so much Thursday that the online retailer is now worth more than the nation's top retailer, Wal-Mart. Shares of Amazon soared a staggering $81.82, or 17 percent, to $564.00 in afterhours trading. That jump makes Amazon worth $262.7 billion — which is 12 percent more than Wal-Mart's $233.5 billion market…
Marc Lore's ambition is as spectacular as his view of the sparkling Manhattan skyline. From new headquarters on the Frank Sinatra side of the Hudson River, the former Quidsi founder's latest venture — Jet.com — plans to take on online shopping's biggest players, from Amazon.com to Wal-Mart. Jet's consumer proposition is as simple as its…
Amazon.com is taking an interesting approach to its birthday this year. The company is throwing itself a party where all its Prime customers get the gifts. Amazon Prime Day is slated for July 15, “a one-day shopping event with more deals than Black Friday,” held ostensibly to celebrate the company’s success over its 20-year existence.…
When a consumer searches for a product a retailer doesn’t carry, how should the retailer respond? A recent federal appellate court opinion suggested that Amazon.com gave the wrong answers to consumers searching for a watch brand that it didn’t carry. Multi Time Machine makes high-end military-style watches under brand names including “MTM Special Ops.” MTM…




