The online giant is taking some big hits, but it's happened before in business, and the companies have lived to tell about it.
A big national brand says it won’t do business with this retailer anymore. A new research study comes out that reports shoppers are less interested in buying things at this retailer and instead prefer their big competitor. And assorted dings and dents start pinging the reputation and very soul of the company.
Well, erstwhile observers of retail, before you start to ready a charity benefit for Jeff Bezos and write the Amazon epitaph, let’s put some things in perspective. And the new Amazon grocery startup? It’s entirely possible that was the plan all along, to learn the grocery business by buying Whole Foods and then using that knowledge to build out a truly scaleable supermarket chain more consistent with Amazon’s mass approach to the marketplace.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nike will stop selling its products on AmazonThe athletic brand was two years into a pilot project with Amazon. Nike wants to boost its own e-commerce efforts under former EBay CEO.
Read more »
Here are the biggest analyst calls of the day: Apple, Nike, Take-Two Interactive & moreHere are the biggest calls on Wall Street on Wednesday
Read more »
Nike\u2019s New Vapor Street x Off-White Takes Streetwear to the TrackNo one asked for a Zoom Fly with a spike plate, but here we are.
Read more »
Alibaba poised to launch record-breaking $13.4 billion HK share sale: sourcesChinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sal...
Read more »