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Ford Replacing CFO Shanks with Amazon Veteran |
The well-regarded Shanks, who spent 42 years at the Detroit automaker, will hand over the ledger to Tim Stone who has been serving as CFO of social media venture Snap. The 52-year-old Stone previously spent two decades at Amazon.
fordc  amazon 
13 minutes ago by automotive
Wary of Amazon, Latino neighborhood vows not to be pushed out - The Washington Post
For decades, Arlandria has thrived as a working-class enclave in pricey Northern Virginia.
1  amazon 
22 hours ago by noiseguy
Amazon to end price practice critics said could violate antitrust law - Axios
Amazon will no longer tell third-party merchants that sell products on its platform in the United States that they cannot offer the same goods for a lower price on another website, according to a person with direct knowledge of the company's decision.

Why it matters: Critics have said the so-called "most favored nation," or "price parity," provisions could violate antitrust law. But even without them, the company still faces a broader set of attacks on its size and power in the United States and around the world.

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Amazon  MFN  clause  fin  antitrust 
2 days ago by sentinelle
Amazon (sub)Prime? | FT Alphaville
The following is the first in a two-part post about Amazon's dependence on an obscure process known as commingling, which has become essential to underpinning its instant fulfilment services, especially its Prime offering.
read  amazon 
2 days ago by zhumink
Nashville Metro Council approves $17.5M Amazon incentive
The Metro Council approved a $17.5 million incentive package to Amazon on Tuesday in exchange for the 5,000 jobs the company says it will bring downtown for its new operations hub.
this-week-450  Around-the-web  Matt  amazon  taxes-incentives  nashville  south  economic-development  site-selection  jobs 
2 days ago by areadevelopment
Amazon tests app pop-ups touting private-label goods | Mobile Marketer
Amazon tested a pop-up feature on its mobile app that showed its private-label goods on some of the product pages of rivals, The Wall Street Journal reported. The pop-up windows filled much of a smartphone screen, forcing app users to click through to a lower-cost Amazon product or to close the notice before continuing to browse.
Mobile users who searched for "AAA batteries," for example, in Amazon's app first saw a sponsored listing from Energizer Holdings. Users who tapped on that listing then saw a pop-up window offering less expensive AmazonBasics AAA batteries. Trash bags and nutritional supplements also showed similar pop-windows, the Journal reported.
Amazon said the pop-ups weren't ads, but a test feature intended to help shoppers find less expensive products. Amazon's retail business, not its ad team, developed the test of the pop-up windows. The company declined to talk about the experiment's results, per the Journal.
amazon  fail  advertising  ownlabel 
2 days ago by dancall
The Strong Staying Power Of Home Shopping |
But because it’s easy to take shots at cable home shopping with jokes, it can also be easy to forget that good old-fashioned, host-driven, televised shopping programs actually work when it comes to moving merchandise. QVC Retail, Inc. – the parent firm to the two largest home shopping networks, QVC and HSN – brought in $14.1 billion in revenue in 2018, with 2 percent year-on-year growth. And, far from being displaced in the digital age, QVC shoppers seem to have transitioned smoothly. The majority (59 percent) of QVC’s revenue in the U.S. came via online sales in 2017, and by 2018 that had grown to 62 percent. Of those digital sales, 66 percent came in via mobile app.
ecommerce  livevideo  tv  trends  amazon 
2 days ago by dancall
Amazon Debuts Private Label Skincare Brand |
To offer solutions for various skin types, Amazon unveiled a line of skincare products called Belei that come in post-consumer recycled resin bottles. The collection has 12 different items, which range from vitamin C serums to retinol moisturizer, the eCommerce retailer said in an announcement. Head of Beauty for Private Brands Kara Trousdale said in the announcement, “Our goal is to help customers spend less time and money searching for the right skincare solutions.” Trousdale continued, “We took a simple, no-nonsense approach when creating Belei, developing products with ingredients that are both proven to deliver results and also offer customers great value for the quality.”
amazon  luxury  ownlabel 
2 days ago by dancall

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