Amazon has figured out how to make use of the few parts of the retail industry it doesn't already control. In an attempt to speed up order.....
Continue ReadingVideo app wants to cash in on the boom in online shopping but faces obstacles that the US giant does not...
Continue ReadingWalmart Stores Inc. the nation's largest grocery chain, is leaning harder into partnership with the Spark Driver platform, an Uber-like service that allows independent drivers to deliver online orders from stores and warehouses to people's homes. Target Corporation is testing what it calls Target Last Mile Target Delivery (TLMD) extension in the Atlanta market. The facility extends its next delivery service deeper from stores into fast growing suburban markets...
Continue ReadingWith the arrival of summer comes Amazon's self-proclaimed holiday sale in July called Prime Days. Each year since 2015, Amazon has featured a summer sale that has expanded from one to two days since it launched. Not to be outdone, Amazon's rivals, Walmart and Target have joined in the summer savings for their customers as well, and both offer a better deal than Amazon...
Continue ReadingAmazon is a FAANG stock that's having quite a renaissance this year. After falling by nearly 50% in 2022, Amazon's shares have rebounded 52% in 2023. The rapid recovery in Amazon's stock likely has many scratching their head, given ongoing economic worry that could crimp retail sales and slow cloud-computing demand for Amazon Web Services (AWS)...
Continue ReadingShares of Meta Platforms (NASDAQ: META) were sliding today, in line with a broad sell-off in tech stocks and after the company launched a new VR subscription service that seemed to fail to excite investors. The big news out of Meta was the launch of its new VR subscription service, Meta Quest+, which costs $7.99/month or $59.99 annually. Meta's offering a promotion for the service at just $1/month through July 31, and the company called it "the most affordable way to grow your library with killer content."...
Continue ReadingUnveiling its new in-app shopping feature, how will TikTok match up against Amazon and other e-commerce giants? Forrester Research Retail Analyst Sucharita Kodali highlights the competition TikTok will face in the e-commerce landscape and the history of social media retail trends...
Continue ReadingA court filing released on Monday showed that last year Microsoft CEO Satya Nadella provided a goal for his company's top-line financials through 2030...
Continue ReadingMany Amazon fans are eagerly awaiting the return of Prime Day, which, this year, will take place on July 11 and 12. During that time, you can expect plenty of incredible deals on a host of Amazon products, so it pays to pad your savings account ahead of that big event. If you've been toying with the idea of buying a tablet for your kids, you may not want to wait until Prime Day...
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