by - October 9, 2014 1:45 pm
Multiple news reports cite Amazon plans to open its first brick and mortar store in midtown Manhattan ahead of the holidays. Dow Jones Newswires reports the location as 34th Street…
by - September 3, 2014 8:24 am
• Cargill acquires chocolate business Cargill has purchased Archer Daniels Midland Company's global chocolate business for $440 million. The deal is said to be a good fit with Cargill's existing…
by - July 16, 2014 1:07 pm
In an effort to boost flattening e-book sales Amazon announced its testing a e-book subscription service for under $10. The publishing house / retailer will offer Kindle users access to…
by - July 3, 2014 10:23 am
For the first time since STORES Media began reporting on the Top 100 largest retailers in America, Amazon.com has joined the ranks of the 10 largest companies, rising to No. 9…
by - June 25, 2014 11:57 am
Online retail giant Amazon had high hopes of using mechanical drones to deliver small packages to its vast customer base. But, the Federal Aviation Administration released a memo this week…
by - March 19, 2014 9:57 pm
Amazon is testing the waters for consumer loyalty with its $20 price hike to Amazon Prime. The increased subscription could add $150 million to the retailer’s bottom line according to…
by - January 22, 2014 5:03 pm
Online grocery is here and poised for steady growth in the next decade with Amazon expected to lead the charge. Multiple surveys reveal that 11% of consumers are already buying…
by - January 14, 2014 11:29 am
Online price transparency has heightened the competition between Amazon and Wal-Mart Stores and there is no sign either side is backing down, according to Kantar Retail analysts who recently released…
by - November 11, 2013 12:43 pm
Amazon.com Inc. is working with the U.S. Postal Service to deliver packages on Sunday, starting in the Los Angeles and New York metropolitan areas in time for this holiday season. …
by - September 11, 2013 4:40 pm
• Tesco sells Fresh & Easy Britain’s Tesco will lend U.S. billionaire Ron Burkle’s Yucaipa investment company roughly $126 million to acquire Fresh & Easy stores, which have been a…
by - September 3, 2013 12:21 pm
A recent survey by STORES asked consumers to identify their favorite online retailers. Consumers were simply asked which websites they shopped most often. Rankings were based on the total number…
by - July 17, 2013 5:13 pm
Online grocery sales continue to grab headline media attention in the U.S. but they remain a small part of the overall market, according to Fitch Ratings. Fitch analysts don’t see…
by - February 28, 2013 7:07 pm
In the fast changing world of omnichannel retailing, brick and mortar giants like Wal-Mart Stores Inc. have made forward leaps in the past year to woo digital shoppers away from…
by - November 19, 2012 10:41 pm
Wal-Mart revolutionized the discount retail industry when it introduced its sprawling “Supercenter Model” to the world in 1988. In 2012, the retail titan had 3,153 of the mammoth stores scattered…
by - November 14, 2012 9:06 am
Amazon.com Inc. has cheaper online prices for toys than Wal-Mart Stores Inc., Target Corp. and other major chains as parents begin shopping for the holidays, according to a Bloomberg Industries…
by - October 17, 2012 8:50 pm
Retail is being turned on its head by an ongoing digital/social revolution that is evolving at warp speed, according to retail expert Darrell Rigby of Boston-based Bain & Co. Rigby…
by - July 24, 2012 7:44 pm
When Texas sent Amazon.com Inc. a $269 million sales-tax bill in 2010, the world’s biggest online retailer shrugged. As lawmakers forced the issue last year, the company closed a warehouse…
by - June 22, 2012 1:08 pm
BLOOMBERG — In an era of serial comparison shopping, Amazon.com Inc. has seemed unassailable. Yet for many kinds of merchandise — the first-season DVDs of “Glee,” say — shoppers can…
