Amazon

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American online giant Amazon outperformed analysts' expectations during the first quarter: its profit reached more than 500 million dollars, which is almost twice what analysts had predicted.

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American online platform Amazon has decided to pull the plug on its flash sale website MyHabit, which was founded five years ago but never managed to meet expectations.

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American online retailer Amazon struggled for years to get a breakthrough in fashion, but it seems to have made strides in the sector lately. One of the reasons for that improvement is Amazon's promise to not only sell the clothing at a lower price.

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Amazon has added more than 100 brands to Amazon Dash, a device that allows Amazon customers to order a product with a mere push of a button.

Starting 1 May, American internet giant Amazon intends to use a distribution center in Berlin' to deliver packages within two hours after the order is made. The goal is to increase its German market share, which is currently at 25 %.

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Is Amazon not only planning a physical book store, but also a physical electronics store? In any case, the eCommerce giant has been experimenting with similar pop-up stores for the past two years.

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American online retailer Amazon seeks to obtain a patent for 'pay-by-selfie', which allows customers to pay for online orders with a smartphone selfie. One of Amazon's other patents is a one-click purchase.

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Will we soon talk to our devices to shop and bank? The "internet-of-things" may enable such things and Amazon is fully engaged: some even believe the Amazon Echo could become "the new iPhone".

Amazon is almost ready for its second Amazon Books store, in San Diego, after the first opened in Seattle. The second store of its intended book store chain will be located in the Westfield UTC shopping center. 

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Several hundred products of supermarket chain Morrisons will soon also be available on Amazon UK, after both parties signed a deal.

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Without anyone knowing, online retailer Amazon launched several of its private fahion labels. The company has been trying to build a team that should handle its own fashion labels, but it now seems several of those have already been found online.

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Amazon has raised the requirements for free delivery in the United States, from 35 to 49 dollars. It hopes this move will entice more Americans to subscribe to its Prime subscription.

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American online retailer Amazon is less dependent on external parties' delivery services nowadays as it has invested a lot over the years to build its own network in that regard.

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Frances Russell, former head of Marks & Spencer's women's clothing, will join Amazon, intensifying rumours about the American online giant's intentions to enter the fashion market with its own clothing line.

 

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Jacques-Antoine Granjon, CEO and founder of French Vente-privée.com, believes Amazon will destroy classic distributors like Carrefour. It will compete these distributors into the ground and make them disappear.

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Yesterday, rumours surfaced that Amazon had plans for a bookstore chain with up to 400 stores in the United States. A shopping mall manager confirmed the news, but he now takes back his previous statement. 

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Online retailer Amazon allegedly has plans to open a chain of bookstores. Currently, it has a bookstore in its hometown of Seattle, but there is chance it may open an astonishing 400 stores all across the United States.

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In the fourth quarter, American online retailer Amazon has managed a record profit, but that was a lot lower than originally forecast. Turnover also grew a lot, but also failed to live up to expectations.

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Amazon will continue to invest into its European operations, which will help create thousands of new jobs with the American online retailer. In the United Kingdom alone, 2,500 new jobs will be added.

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