On Wednesday, GeekWire reported that Amazon Web Services is cutting a few hundred jobs in its Physical Stores Technology team ...
Revenue at Amazon’s physical stores climbed 12% in the recent second quarter, while online sales dropped. That marks a change from the prior few years, when Amazon’s physical stores lagged its ...
The Seattle store is not Amazon's first foray into bricks and mortar retailing. In 2015 the firm opened its first physical bookshop, also in Seattle where the company is based. There are now 13 in ...
There are clear risks to the move, though, not least because department stores have seen their share of US retail slip from 14.5% in 1985 to about 2.9% today. Amazon's own physical-store sales ...
This isn't Amazon's first venture into physical stores. The tech giant bought supermarket chain Whole Foods in 2017. In 2018, it opened its first cashierless Amazon Go convenience store ...