The deal, representing on the biggest in the movie and television industry in recent years, should be seen in the context of viewers migrating to technology companies such as Amazon.com and Netflix for their on-demand, anywhere, anytime access features. No… Read More ›
In a development is likely to send a shiver down the collective spine of Australian retailers, Australians can now indulge in shopping during Black Friday without incurring steep international shipping costs. As per an Australian retailer, Amazon.com Inc, the world’s… Read More ›
In a paradigm shift, businesses are increasingly shifting from owning data centres to cloud computing, which is creating the basis for a new bull run. The combined revenues of Alphabet, Amazon and Microsoft have totaled to more than $100 billion… Read More ›
A strong labor market as well as a the increase propensity of U.S. consumers to shop online is likely to make the coming holiday shopping season fantastic; industry surveys have also forecast a strong sales growth in this year’s holiday… Read More ›
With Wal-Mart ramping up its online sales strategy to better fend off Amazon.com Inc, the move is starting to pay dividends. The world’s biggest brick-and-mortar retailer, Wal-Mart Stores Inc has forecast a 40% rise in its U.S. online sales for… Read More ›
Amazon is on the prowl in France. The online retailer aims at entering the country either theough the acquisition route or buying a stake in a French supermarket. French Newspaper Le Monde has reported citing sources familiar with the matter… Read More ›
Since Whole Foods uses a different point-of-sales system at some of its stores, the data kep in those systems weren’t accessed by hackers. Hackers haven’t been able to touch any of Amazon.com’s data in its computer systems. In a significant… Read More ›
The fierce competition between Amazon.com and Wal-Mart are driving retailers out of business. More than a dozen significant retail chains, including Perfumania Inc, rue21 Inc, BCBG Max Azria Global Holdings LLC, Gymboree Corp, and Payless Holdings LLC have filed for… Read More ›
Amazon.com’s strategy fits snugly into Donald Trump’s vision of “Buy American” In a significant development, Amazon.com Inc, the world’s biggest online retailer, is preparing to unveil a 1 million square-foot warehouse near Mexico City in order to capture Mexico’s nascent… Read More ›
As per a source, the emergence of Amazon has hit the retail sector, was the reason for Blackstone to pull the sale. Unable to find a suitable buyer the Blackstone Group has canceled the sale of a $2.8 billion Australian… Read More ›
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