Amazon Prime Day sales surge 45 percent to over $10 billion

Amazon reportedly raked in more than $10 billion during this week’s two-day Prime Day sale. The record-breaking number represents a 45.2 percent increase over last year’s Prime Day event in July, according to a report by Digital Commerce 360. The Amazon Prime Day sale was delayed by several months because of the pandemic, which put […]

Amazon Prime Day produces $3.5B in sales for small, medium-sized businesses

Amazon Prime Day creates retail competition FOX Business’ Lauren Simonetti on retailers announcing big deals to compete around Amazon Prime Day. Amazon Prime Day propelled small- and medium-sized businesses to their two biggest days ever on the e-commerce platform. Continue Reading Below Ticker Security Last Change Change % AMZN AMAZON.COM INC. 3,335.35 -28.36 -0.84% “We […]

People are quitting their jobs to make thousands selling everyday items on Amazon. Here's a look inside one exclusive resale group, where members have sold over $400,000 worth of goods since May.

"Retail arbitrage" refers to the practice of buying products and then reselling them online for a premium. Arbitrage Ops is an exclusive, membership-based group that focuses on training beginner arbitrageurs and helping them scale their businesses on Amazon.  Since the group's inception in May, some of its nearly 500 members have sold over $100,000 in […]

Amazon Prime Day deal: Apple AirPods down by £30 just in time for Christmas

FINDING a deal on Apple AirPods is tricky – but Amazon has knocked £30 off the price of the wireless earbuds for Prime Day. You can bag the offer on Apple's hugely popular wireless earbuds right now. Normally, you'd expect to pay £159 for the Apple AirPods. But Amazon has knocked a hefty sum off the price, […]

Amazon’s More Than 19,000 Employees Tested COVID-19 Positive

Amazon said its 19,816 employees have tested positive or have been presumed positive for COVID-19. This is however, 42 percent lower than the expected number of around 33,952 cases based on the analysis that compared COVID-19 case rates to the general population, as reported by Johns Hopkins University. The company analyzed data on all 1.372 […]

Amazon's union headache in Europe is about to get worse

Amazon warehouse workers in Europe will swap notes this weekend on how to pressure the retail giant to improve their working conditions. Members of the Amazon Workers International coalition will gather in person and virtually to discuss how make the temporary improvements introduced by Amazon during the pandemic permanent. It comes after French unions successfully […]

Amazon Prime Day has a date

Should Amazon be worried about Walmart+? Kaltbaum Capital Management President Gary Kaltbaum on Walmart launching a subscription service, Amazon getting into the luxury market, Hobby Lobby raising employee wages and Taco Bell coming out with a wine. Amazon Prime Day is finally on the schedule. Continue Reading Below October 13 is the date, according to CNET […]