Online giant now hiring for 3,500 new tech and corporate jobs in Dallas, Detroit, Denver, New York (Manhattan), Phoenix, and San Diego, where it will invest more than $1.4 billion as part of a larger growth plan.
Latest In Amazon Business
Amazon's new fulfillment center and delivery station in the Dallas-Fort Worth metroplex town will create hundreds of new full-time jobs and give the company faster delivery times in the area.
Amazon, the world’s largest retailer and distributor “frenemy,” is considering placing fulfillment centers in malls where department stores once operated, adding another level of potential threat for the wholesale trade industry.
The company’s second quarter financial results report $5.2 billion in net income.
More than 13,000 health care and 7,000 government organizations have purchased PPE and other supplies through COVID-19 Supplies site on Amazon Business.
Though the fallout for distributors from COVID-19 continued to be a hot topic in April, news on Amazon Business garnered the most attention from MDM readers during the month. New data show the enormous number of SKUs available on the platform and that it may be poised to become the top industrial distributor in the U.S.
Net product sales accounted for $41.8 billion, up 22% year over year from $34.3 billion.
As Amazons ground and air delivery services continue to grow, the decision by FedEx highlights a dilemma often faced by distributors: Is the business gained from a relationship with Amazon worth the potential risks of working with a competitor? David Gordon of Channel Marketing Group weighs multiple considerations and potential alternatives for distributors.
For the first six months sales grew 18.5% to $123.1 billion.
Workers in Minnesota are planning to strike during Prime Day on July 15, one of the companys biggest sales events.
Business Prime gives members access to Prime delivery benefits including unlimited one-day, same-day and nominated-day delivery.
The company delivers 48% of its packages, according to Rakuten Intelligence.
The facility will bring 1,000 jobs to the Salem, Oregon, area.
Bezos outlines growth in annual shareholders letter
The web giants customer-first approach plays a massive role in the companys success.
More disclosure could actually be good for the company.
Sales for the fourth quarter rose 20 percent over last year.
Some industry analysts feel data transparency is inevitable, and that fear of the Amazon Business Marketplace is overblown; the real focus should be on how to survive in this new environment, not how to keep it at bay. Others see a threat to traditional distribution models. Some distributors are focusing on transitioning to new services-based revenue, away from traditional core product commodities. Justin King, Mark Dancer, Alex Moazed, David Sass and Ian Heller provide their takes on where they think distributors can best focus their resources.
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