SAN FRANCISCO/SHANGHAI (Reuters) – Amazon.com Inc plans to close its domestic marketplace in China by mid-July, people familiar with the matter told Reuters, focusing efforts on more lucrative businesses selling overseas goods and cloud services in the world’s most populous
Washington (CNN)For some in the White House, Sunday seemed like the first day of the rest of Donald Trump’s presidency. By Friday, it was clear that while the cloud of Robert Mueller’s special counsel investigation had lifted, the pervasive disarray that
Merchants have long complained that Amazon’s lax policing of counterfeits has cost them sales and compromised their brands, leaving customers to figure out whether the box on their doorstep actually contains what they ordered or a shoddy copy. The retailer
(CNN) — It was Democrats who brought Amazon to New York City, and it was Democrats who chased it away. The retail giant’s decision Thursday to bail out of its plans for a headquarters in Queens immediately set the two wings of
British businesses trading on Amazon have been advised to prepare for a no-deal Brexit to ensure they can continue selling to customers in the EU. The online retail giant has informed sellers that the government said that the “free circulation of
Amazon has teamed up with police in the US in an effort to stop thieves who steal parcels left outside homes. Officers in New Jersey are planting dummy boxes fitted with GPS trackers, coupled with hidden doorbell cameras, at homes
Consumer discretionary stocks rose 1 percent, on average, and traded positively 71 percent of the time during Black Friday week, according to CNBC analysis using Kensho. Amazon and Best Buy were the big stock winners during the shortened trading week,
No-one has more Black Friday deals than Amazon and, having revealed its best offers, Amazon will be tough to beat. That said, having studied the ad scans from Best Buy (52-pages), Kohl’s (64-pages), Walmart (32-pages) and Target (47-pages) there are some
On general principle, whether “conservative” or “liberal,” it would seem unwise to offer location incentives to large corporations. And Amazon’s coup on getting three areas to pony up benefits is a perfect example. The company will likely get more than
A disappointing sales forecast for the Christmas season sent Amazon shares sliding on Thursday night. The online giant said it expected year-on-year sales growth of 10% to 20% for the three months to 31 December. That would be a marked