The news on Amazon potentially opening 400 bookstores drew a lot of attention Tuesday. This news came from Sandeep Mathrani, CEO of General Growth Properties Inc. Amazon opened its first and so far only brick and mortar store, a bookstore, in November. Called Amazon Books, the store is in Seattle’s University Village, an upscale outdoor[…]
Amazon says Exclusives store sales top $50 million in first year Amazon Exclusives, the company’s platform for products not available anywhere elsewhere sets a $50 million in less than a year since its launch. The company, believes that the store serves as an important avenue for the retailer to get first dibs on new products[…]
Amazon Prime is simply amazing right a days, it provides free shipping and has grown to include streaming video and music as well as e-books. The great thing about this service is that it has grown so large and according to a report from Consumer Intelligence Research Partners, the service is now within nearly half[…]
Amazon remains strong even if the profits are not coming in at the moment. Analysts thinks that this is a part of the company’s strategy in continuously reinventing and making the trends. The ecommerce giant has convinced Wall Street that definitely profits will come later. Although profits have been typically weak for Amazon, observers say[…]
Amazon has just obtained a shipping license in China which is part of expanding Amazon’s reach to do business all over the world. With this license, Amazon will be able to ship items via sea which will benefit the large scale sellers. According to Ryan Petersen, chief executive of Flexport “This could allow them to[…]
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