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Starting Wednesday, the e-commerce giant is offering deals on a variety of products, including toys, electronics, kitchen and home goods and video games.
Samsung, LG and Sony TVs and is reducing some prices of Barbie, Hot Wheels and Fisher-Price toys by as much as 50%. 
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In the fourth quarter of 2015, Amazon.com Inc. posted a profit of $482 million, more than double its previous highest-earning quarter. In the two quarters since, profits continued to rise, to $513 million in the first quarter and $857 million in the second quarter. In the first six months of 2016, the company’s combined profit was $1.37 billion—no other half in Amazon’s history is in the same universe.
Jeff Domansky's insight:
Here's a look at why Amazon is 'suddenly" in the money.
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There’s no way around it—the past year has been rough for retail. Even the stalwarts have taken a hit: Nordstrom had a terrible run on NASDAQ; Macy's cratered, with its stock ending 2015 40% down for the year; and Walmart is shutting down over 250 stores nationwide. Why so much bad news, so fast?
Jeff Domansky's insight:
Valuable perspective on retail trends and how it will survive in the Amazon era.
Alvordu Brian's curator insight,
March 18, 2016 1:28 AM
Valuable perspective on retail trends and how it will survive in the Amazon era. |
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Amazon has been experimenting with the pop-up store concept for a number of years. They have opened up dozens of locations in malls all over the United States. It looks like Amazon intends on opening 30 new locations all over the United States so people can easily buy Kindle e-Readers, Fire Tablets and Echo Speakers for the holidays. Amazon is on a hiring spree to find temporary and permanent employees, which suggests that the stores could be semi-permanent installations. They are looking for staff in Texas, Washington, New York, Florida and dozens of other States. Additionally, it looks like Amazon is also looking to hire a major executive to oversee all of the pop-up stores and implement a unified strategy, design and stock each location with more products. Having a dedicated person in charge is a good move if Amazon plans on expanding this program in the coming years....
Jeff Domansky's insight:
Amazon plans to open more than 100 pop-up stores across the US.
Mathilda Carlier's curator insight,
August 18, 2017 4:34 AM
Amazon experiment pop-up store for 2017 in The United States. He open 30 locations.
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Tuesday marked the second annual Amazon Prime Day, which provided Amazon's premium members with deep discounts on a number of products.
Jeff Domansky's insight:
This is a fascinating list with some very interesting differences between countries.
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Ever wanted to see how Amazon packages are assembled and shipped? This CNN news clip shows how robots enable packaging and shipment with less than 60 seconds of human handling. Recommended viewing. 9/10