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Amazon Cuts Dozens of House Brands
The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as it works to fend off
Amazon Shines During Apple's Off-Season
One tech titan snaps its growth slump, while the other remains mired in it. Source link
Amazon Delivers Surprisingly Strong Profit
The earnings report shows strong growth in consumer e-commerce, balancing out a continued slowdown in cloud-computing sales. Source link
Walmart Pays $1.4 Billion to Boost Flipkart Stake
The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link
Apple, Amazon, Starbucks to Report in Packed Earnings Week
Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest
China-Founded Rivals Ramp Up War for American Shoppers
Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers back in China. Source link
Wayfair’s Chief People Officer Named to Fill Top Marketing Role
What to Read Next Source link
TikTok’s Next Plan for U.S. Dominance: Selling Made-in-China Goods
What to Read Next Source link
Amazon Asking Employees to Return to 'Main Hub' Offices
Amazon.com has told staff across the company that they may have to move to locations in bigger cities. Source link
White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards
Big tech companies are adopting voluntary guidelines, such as watermarking artificial content. Source link