Tag Archives: Amazon.com

Blog: Happy Holidays from Amazon

Duke Ratliff

Like getting a pink slip during the holidays or a lump of coal in the stocking, retailers must be feeling that Amazon is giving them a not-so-fine present this season as the nation’s largest online retailer announced today that it is testing a one-hour delivery service in Manhattan. Called Prime Now, the service promises toMore »

Last updated: December 19, 2014

Amazon Q3 Loss Skies; Stock Dives in After-Hours Trading

Amazon

SEATTLE-In what one financial analyst, Matt Nemer of Wells Fargo Securities, described as an “ugly quarter,” Amazon.com (NASDAQ: AMZN) saw its third-quarter net loss explode from $41 million last year to $437 million for the period ending on Sept. 30. The results, which were announced after the close of the NASDAQ market yesterday, sent Amazon’sMore »

Last updated: October 24, 2014

Amazon Tops Stores Magazine’s Favorite 50 Shopping Sites

Amazon.com

WASHINGTON-Amazon.com once again finished first on Stores magazine’s Favorite 50 list of top shopping websites. Rounding out the magazine’s top 10 were walmart.com, ebay.com, kohls.com, bestbuy.com, macys.com, target.com, jcpenney.com, sears.com and google.com. This year’s list was notable for the first appearance of wayfair.com, the home furnishings site, which finished 43rd. Zulily.com, which sells home furnishingsMore »

Last updated: September 11, 2014

Amazon.com Q2 Net Loss Reached $126 Million

Amazon.com

SEATTLE-Substantial increases in expenses offset a significant gain in sales to send Amazon.com’s net loss to $126 million in its fiscal second quarter, compared to a net loss of $7 million in the second quarter of last year. Total operating expenses jumped 23.9 percent in dollars and 57 basis points as a percentage of sales,More »

Last updated: July 25, 2014

Amazon Q1 Net Jumps 31.7 Percent

Amazon

SEATTLE-Riding on the back of healthy gains in sales, Amazon.com reported an increase of 31.7 percent in its first-quarter net income, to $108 million. Total net sales in the quarter, which ended on March 31, were $19.7 billion, up 22.8 percent over the first quarter of last year. Net product sales posted an 18.3 percentMore »

Last updated: April 25, 2014

Amazon.com to Build Fulfillment Centers in Florida

Amazon.com

SEATTLE—Amazon.com plans to open two fulfillment centers, in Hillsborough County and Lakeland, Fla., each of which will measure more than 1 million square feet. The Hillsborough County location will focus on picking, packing and shipping smaller items such as books, electronics and consumer goods. The Lakeland location will work on larger products, such as kayaks,More »

Last updated: October 23, 2013

Amazon.com Posts $7 Million Loss in Q2

Amazon

SEATTLE-Rising costs offset significant gains in sales to drive Amazon.com to a $7 million net loss in its second quarter, as opposed to net income of $7 million in the second quarter of last year. Total operating expenses in dollars were up 36.3 percent in the quarter, which ended on June 30. As a percentageMore »

Last updated: July 26, 2013

Amazon Poised to Leap Into Top 10 U.S. Retailers

Amazon

NEW YORK-Amazon.com is on course to become the nation’s ninth largest retailer this year, according to a research report from KeyBanc Capital Markets. The Internet retailer ranked 11th among U.S. retailers last year. An executive summary of the report projected that Amazon’s U.S. retail sales will total $41 billion, which would propel it to ninth.More »

Last updated: July 22, 2013