Payment network Affirm has announced it will be partnering with Amazon on a pay-over-time payment option on the retailer’s website. Amazon customers will be able to split purchase costs into monthly payments using Affirm. Purchases need to be more than 50 dollars, with the total cost of the purchase appearing upfront during checkout. The payment...
Aug 30, 2021
The pandemic has proven to be a boon for Shein: As of October 2020, the Chinese e-tailer was the world’s largest online-only fashion company, as measured by sales of goods under the company’s own brand, according to Euromonitor International’s proprietary research. Zara and H&M are Shein’s direct competitors, although the former two sell both...
Aug 24, 2021
Amazon is hoping to disrupt bricks and mortar retail as the online retail giant plans to open several large physical retail locations in the U.S. The news was first reported by the Wall Street Journal, who said the format will be akin to department stores, a move to help the tech company extend its reach in sales of clothing, household items,...
Aug 19, 2021
For many e-commerce players, the global health pandemic has been a boon for sales. So too at Amazon, who last year saw net sales and operating results significantly boosted by online shoppers, rising 97 percent in the second quarter in 2020. But not this year. As economies reopened, Walmart was unable to keep its digital momentum, despite...
Aug 18, 2021
Amazon.com, Inc. and GoPro, Inc. unsealed a jointly filed lawsuit against seven individuals and two entities for counterfeiting GoPro’s popular camera accessories, including the floating hand grip, “The Handler,” and the “3-Way” grip, extension arm, and tripod mount. The defendants attempted to offer the infringing products in Amazon’s store,...
Aug 10, 2021
Amazon.com, Inc. has plans to open a fulfillment center in Port St. Lucie, Florida. The site, which is anticipated to launch in 2022, will create more than 500 new, full-time jobs that pay at least 15 dollars per hour and provide comprehensive benefits starting day one on the job. “We’re excited to expand our network to better serve our...
Aug 6, 2021
Making The Cut, Amazon’s first reality TV show, pits 10 entrepreneurial fashion designers from around the world against each other for a prize of one million dollars and a mentorship from Amazon to help them become the next global brand. Many of the designers have tasted success already in their careers. The standard of design therefore is...
Jul 27, 2021
Amazon’s incoming CEO is already pocketing a big pay day. New CEO Andy Jassy will be receiving more than 200 million dollars in stock, which will pay out over 10 years, according to a regulatory filing from the company. The 61,000 share will be recorded on July 5, the official date that Sassy will succeed Jeff Bezos, marking the company’s first...
Jul 3, 2021
Amazon and Asmodee Group SAS jointly filed a lawsuit against two defendants for counterfeiting the popular and award-winning card game sets, Dixit: Daydreams Expansion and Dixit: Revelations Expansion. Asmodee Group is a leading board game publisher and distributor. The defendants, based in Brooklyn, New York, attempted to offer the counterfeit...
Jun 25, 2021
Sure, most folks are partial to a bargain. Which is precisely why Amazon introduced its Prime Day shopping bonanza mid-year, at a time of less demand than say Black Friday, Cyber Monday, Christmas, Valentine’s Day and anything else on its pushy retail calendar. Just like sample sales, infomercials or any sales technique, Amazon has created an...
Jun 23, 2021
Amazon.com Inc.'s two-day Prime Day event is happening now with more than 2 million deals on offer. The e-commerce giant's biggest shopping extravaganza of the year started June 21 at 3 a.m. EDT and runs for 48 hours, through June 22. Prime Day 2021 will feature the largest number of deals ever offered in the seven year history of the Prime Day...
Jun 22, 2021
The highly anticipated Amazon Prime Day will take place on June 21-22, offering more than two million deals worldwide. The two-day event by the e-commerce giant will feature discounts across all categories including fashion, home, beauty, and electronics. The savings will be on brands like Levi’s, iRobot, Samsung, and Redken. There will also be...
Jun 15, 2021
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