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October 29, 2012 · No comments

Amazon’s Sales Grow, So Do Losses

Investments into tablets, fulfillment centers lead to bigger-than-expected third-quarter loss.

Though Amazon’s net sales grew by double digits during its third quarter, the retail giant posted a significant loss. On Thursday, Amazon officials reported net sales for the company reached $13.81 billion during the third quarter—a 27-percent increase compared to last year’s third quarter when sales reached $10.88 billion. Read More

October 19, 2012 · 1 Comment

Amazon Preps for the Holiday Season

Reveals 'Hot Toy' list, will hire 50,000 temps to fulfill holiday orders.

It’s beginning to look a lot like Christmas on Amazon, as the retailer makes preparations for the busy holiday season. Amazon announced its 2012 hot toy list on Thursday, and reports it will hire thousands of temporary employees to work its fulfillment centers in the U.S. Read More

October 3, 2012 · No comments

Amazon Fulfillment Centers Hire Holiday Help

U.K. centers to bring in 10,000 temporary employees to keep up with demand.

Amazon will hire more than 10,000 temporary employees in the U.K. to keep up with the busy holiday season expected this year. The employees will man Amazon’s fulfillment centers, officials announced on Monday. Last year, the retailer shipped more than 2.1 million shipments in one 24-hour period during its busiest shipping day of the holidays. Read More

October 1, 2012 · 2 Comments

Amazon Offers Loans to Online Sellers

Loans are for Amazon marketplace merchants, by invitation only.

Companies that provide small-business loans to online sellers, like Kabbage and iwoca, may have a new competitor, as Amazon is getting into the lending business. The new program, called Amazon Lending, is accessible by invitation only. Amazon is telling customers about the lending program through emails to “pre-qualified” sellers, according to news reports. Read More

August 28, 2012 · No comments

Court Sides with Amazon in Counterfeits Case

Judge denies manufacturer's request to ban the sale of its products on the site.

An appellate court ruled in Amazon’s favor last week in a counterfeits case, dismissing a manufacturer’s request to ban the sale of its products on the marketplace. Tre Milano, the maker of the InStyler Rotating Hot Iron Hair Straightener, filed a suit against Amazon and several of its third-party sellers, seeking damages and an injunction that would prohibit its products from being sold on the marketplace, directly from Amazon or through its third parties. Read More

August 27, 2012 · No comments

Amazon Prime Beats Super Saver Shipping

Retailer ships more with paid program than free shipping option.

Amazon shoppers don’t seem to mind paying an upfront, annual fee if they’ll get free shipping on their orders. In fact, Amazon reports today that it now sends out more items with its Prime program—which has a subscription fee of $79 a year—than with its Free Super Saver Shipping option. Read More

August 20, 2012 · 2 Comments

Amazon UK Offers Local Pick Up, Drop Off

Teams with Collect+ to offer service in 4,500 shops.

Amazon U.K. is now allowing buyers to pick up their orders at local shops instead of having them delivered to their homes. The retailer is working with Collect+, a parcel-delivery service, to allow buyers and sellers to pick up and drop off items in about 4,500 U.K. Read More

August 8, 2012 · 1 Comment

Amazon Adds Textbook Rental Program

Rentals could save students big money.

College textbooks are expensive. Parents know it. Students know it, and so does Amazon. To help students cut cost—and to enter a new market—the retailer is now offering students the option of renting their textbooks from, instead of buying them with its new Textbook Rental program. Read More

July 20, 2012 · No comments

Amazon UK to Require 30-Day Return Policy

Change meant to provide 'best experience' for shoppers.

Amazon U.K. wants shoppers to have a “consistent” experience when they shop on the venue, whether it’s from the retail giant itself or a third-party Amazon seller. That’s why it will begin requiring that all third-party sellers on Amazon U.K. offer “return policies that are at least as favorable as Amazon’s,” beginning Aug. Read More

July 17, 2012 · No comments

Amazon Preps for Olympic Games

Alternative routes, pick-up lockers to help mitigate delivery delays.

With the opening ceremonies of the London 2012 Olympics on the horizon—and several road closures expected during the games—Amazon wants buyers and sellers to know it’s prepared for potential disruptions. “We have worked closely with our carrier network to ensure that you receive your packages on time, from the moment the torch arrives in London… until the closure of Olympic Park on [Sept. Read More

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