Amazon news

04 February 2022
Amazon's net sales increased by 9% year-on-year to US$137.4bn and net income increased 98% to $14.3bn for Q4 (ending 31 st  December). Amazon Web Services covering higher costs Amazon’s total operating income for the quarter was $3.5bn (50)%. Amazon is facing into higher costs. Amazon’s fulfilment costs in Q4 increased 21% YoY to US $22.4bn. It’s also spending more on marketing, with costs ...
24 January 2022
Amazon Style will launch later this year with in-store technology enhancing and personalising the shopping experience. Advanced technology in-store Amazon’s first physical clothing store, Amazon Style, is set to open in Los Angeles later this year. According to Amazon, it will offer a “ seamless and elevated shopping experience” . The store will feature items from brands customers “know an...
13 January 2022
We have just published our  Amazon marketplace best practice report. I’ve interviewed leading suppliers and third-party specialists. The report includes food and consumer goods examples from fast-growing start-ups, businesses acquired by Amazon aggregators, and leaders in eCommerce such as Unilever, P&G, Mars, and Reckitt Benckiser. Subscribers to IGD Retail Analysis can see the full report ...
12 January 2022
A.S. Watson is partnering Amazon to launch a wider range of health and beauty products through a dedicated storefront. Amazon Singapore’s first partnership a health and beauty retailer Prime members will be able to buy from brands such as Aveeno, Biore, Cetaphil, Bifesta, Wavertree & London, L’Oréal Paris, Oral-B, Anessa, Tsubaki, ZA, and other items from facial care to health supplements. ...
04 January 2022
The Competition Commission of India (CCI) has suspended Amazon’s 2019 deal with Future Group. This could lead to Amazon’s competitor in the market, Reliance Retail, acquiring Future Group’s retail operations. Meanwhile, Amazon India is set to launch Amazon Pharmacy in the country, allowing customers to purchase medications on Amazon’s website or app for delivery. Suspension of the deal I...
02 December 2021
Sainsbury’s has just opened its first checkout free store, powered by Amazon’s Just Walk Out technology, the first non-US retailer to be so. The store The trial store is at Holborn Circus store opposite Sainsbury’s head office. Closed during the pandemic due to low central London footfall, it has now reopened as the first store to host ‘Smart Shop Pick & Go’ The technology To use the ...
29 November 2021
Sainsbury’s has opened its first checkout free store using Amazon’s Just Walk Out technology, following testing by the retailer’s employees. Located opposite its Holborn HQ, the introduction of “SmartShop Pick & Go” is the latest in a string of digital initiatives from the UK’s second largest grocer. These include the development of SmartShop, personalised My Nectar Prices and the expansion of Ch...
18 November 2021
Amazon has announced it will stop accepting payments made with Visa credit cards issued in the UK from 19 th January 2022. UK-issued Visa credit cards affected Whilst Amazon will stop accepting UK-issued Visa credit cards, debit cards will still be accepted. The retailer said it will no longer accept this payment option “due to the high fees Visa charges for processing credit card transac...
18 November 2021
DIA continues to expand its private label range to offer shoppers healthier and more sustainable products, while also developing its relationship with Amazon. Separately, Mercadona is testing BiofreshTech’s autonomous refrigeration technology in one of its delivery vehicles. DIA expands private label range DIA has worked with its partners to develop its private label range and offer its shopp...
17 November 2021
Amazon India announced it has completed the integration of its Fresh and Pantry grocery services into a single unified store. The Amazon Fresh store is available in more than 300 cities across India. Simplified shopping experience In February 2021, Amazon announced it would combine its Fresh and Pantry services into one single online store under the Amazon Fresh name. Amazon said the new st...