eCommerce / 7 posts found

What’s next for Amazon’s private labels? Possibly motor home supplies and auto parts

by Jason
Comments are off for this post.
Image: Sean Gallup/Getty Images Do you wear Amazon? You may not even know it if you do. Amazon has long sold commodity-type goods like batteries and baby wipes through its own prominently marked brands. But as it’s branched into more variable categories like food and fashion, it’s quietly launched a stable of satellite in-house labels that make no mention of their giant parent company. SEE ALSO: Amazons homegrown products are moving beyond batteries and baby wipes And several more of these sorts of secret Amazon brands may be in the works. A Quartzdeep dive into the company’s hundreds of trademark […]

Are Amazon’s prices too good to be true? The U.S. government wants to find out.

by Jason
Comments are off for this post.
Amazon CEO Jeff BezosImage: Getty David Ryder/Getty Images As Amazon prepares to lock down its mega-merger with Whole Foods, one of its most controversial sales practices may be coming back to haunt it. The Federal Trade Commission is investigating claims that the online shopping giant misleads customers with the price comparisons it lists on its products, Reuters first reported. The unofficial probe concerns the listed price on items, that retailers use to demonstrate how much their customers are supposedly saving. SEE ALSO: Yes, Amazon is convenient, but is it just too damn powerful? The group behind the complaint, Consumer Watchdog, […]

Bonobos is going to Walmart for $310 million

by Jason
Comments are off for this post.
Walmart's acquisition spree continues.Image: LISA LAKE/GETTY IMAGES FOR BONOBOS After two months of speculation, Walmart has confirmed it’s buying Bonobos for $310 million. The retail mega-giant will buy the men’s e-commerce site to join its growing roster of online brands. Walmart has been on an acquisition spree this year, led by Jet.com founder and now Walmart U.S. e-commerce CEO Marc Lore. Walmart bought Jet.com almost a year ago to up its competition against Amazon. Since then, Walmart has introduced more competitive free shipping, added discounts for in-store pickup that Amazon can’t really offer, bought the trendy women’s online retailer ModCloth, […]

Amazon will probably kill the crazy lines at Whole Foods

by Jason
Comments are off for this post.
There’s no greater hell than waiting in a long line at Whole Foods on a Saturday afternoon. Luckily, there could be some sweet relief coming soon. Alexa to the rescue? Maybe. Amazon announced on Friday its plans to acquire the grocery store chain in a deal valued at $13.7 billion. So why in the world is America’s biggest online retailer suddenly trying to get into the grocery industry? SEE ALSO: Amazon buys Whole Foods(!) for $13.7 billion Well, Amazon has been pushing to expand its footprint in the grocery business for quite some time. Even as many U.S. consumers are […]

Amazon is now worth two Walmartsand isn’t about to slow down

by Jason
Comments are off for this post.
Jeff Bezo's Amazon is coming, take cover Australia!Image: DAVID RYDER/GETTY IMAGES It’s pretty much Amazon’s world, we’re all just shopping in it. Shares in the ecommerce company hit $1,000 on Tuesday morning, a first for the company that Jeff Bezos started back in 1994. So is $1,000 just a nice, round number? Pretty much, yes. It doesn’t mean all that much. To put the number in context, Amazon shares would be worth $12,000 if the company had not split its shares numerous times (companies do this to keep share prices reasonable). The more interesting number is two: Amazon is now […]