Amazon
More Cashier-less Amazon Go Stores Could Be Opening in Seattle
A report says that Amazon has seen success with the HQ1-adjacent store, and more stores could soon be opening in Seattle and Los Angeles.
Amazon’s new no-checkout convenience store has seen some early success, and more locations like it will soon be opening. Recode is reporting that Amazon is planning six more Amazon Go locations, some of which are likely to be in Seattle. The report says “Amazon has identified three locations” for additional Go stores here in Amazon’s…
What Do Amazon and China Have in Common?
Both are disruptive, too big to ignore and absolutely key to the future of Seattle and Washington.
This article appears in print in the January 2018 issue. Click here for a free subscription. What do China and Amazon have in common aside from being featured in this issue of Seattle Business magazine? Well, they are both disruptive, too big to ignore and inextricably tied to our regions economic future. China, like Korea…
How Can a Brand Survive in the Age of Amazon?
Established brands and smaller, emerging brands are finding out what it means to endure in retail's new era.
This article appears in print as part of the cover story of the January 2018 issue. Click here for a free subscription. This is one part of the January 2018 cover story. Read the full cover story here. When there are hundreds of choices, established brands still have an advantage. Lindsay Pedersen of Ironclad Brand…
How Partnering with Amazon Can Make All the Difference for Some Small Businesses
"Ever since we got on Amazon, we've been booming."
SOMETHING’S AFOOT: Combat Flip Flops CEO Matt Griffin and customer service manager Jill Doherty sing the praises of their collaboration with Amazon. Photo by John Vicory. This article appears in print as part of the cover story of the January 2018 issue. Click here for a free subscription. This is one part of the January…
The Rise of Amazon’s Private Label Brands
Brands like Echo and Kindle are well-known forces, but the e-commerce giant's private label brands are exploding in popularity. Do they have an unfair advantage on Amazon.com?
BRAND BOOM. Amazons private-label brands have expanded from the marquee Kindle to kids clothes, baby wipes and batteries. Here, a selection of the companys more than 30 brands. Photo by Lori Kelley. This article appears in print as part of the cover story of the January 2018 issue. Click here for a free subscription. This…
Collaboration Between Amazon and Microsoft Strengthens the Puget Sound Business Environment
When competitors cooperate and inspire each other, we all benefit.
This article appears in print in the December 2017 issue. Click here for a free subscription. Even as employment in the Puget Sound region has soared to more than 2.2 million, up an astounding 344,000 workers since 2000, and a growing number of local companies have a global presence, the Seattle areas business community has…
Bellevue Square 365 by Whole Foods Ordered to Reopen
The store that was abruptly closed in October was just ordered to open in 14 days by a King County judge.
A King County Superior Court judge has ruled the 365 by Whole Foods store in Bellevue Square that closed in October should be reopened. The 365-branded store closed abruptly after being open for about a year. King County Superior Court Judge Mary Roberts issued a preliminary injunction requiring Whole Foods to reopen within 14 days….
Are Macys or Kohls Next on Amazons Wish List?
Reports suggest that Amazon could be looking to acquire another major retailer.
Speculation is building that Amazon could be eyeing an acquisition of another major brick-and-mortar retailer. Reports have suggested that it might acquire Macys or Kohls, both of which just reported less-than-stellar quarters. Last week, Barrons wondered if the Seattle-based e-commerce mega-corporation is considering a purchase of Wisconsin-based Kohls. The department store is already partnering with…
12 HQ2 Numbers that Made Every North American City Hyperventilate
To the victor go these spoils in the competition for Amazon's second headquarters.
When Amazon announced in September that it would like to clone its Seattle headquarters complex in another North American city, creating what Amazon CEO Jeff Bezos calls HQ2, every mayor and economic development director in metro areas with populations of at least 1 million started hyperventilating. Heres what Amazon says a new headquarters city could…
Jeff Bezos and Amazon Executives Have Made More than $10 Billion this Morning
Bezos is likely once again the worlds richest person, and eight executives have combined to make more than $27 million since the market opened.
Its been a good morning for Amazon shareholders. As of 10 a.m., Amazons stock price was up 13.5 percent, or about $131. CEO Jeff Bezoss roughly 80 million shares were worth about $88 billion. As of mid-morning, his holdings had climbed $10 billion in value compared to the close of the stock market closed yesterday….
Amazon Has a Another Blow-Out Quarter
Third quarter sales climb 34 percent to $43.7 billion, although operating income fell 40 percent to $347 million.
Amazon impressed Wall Street today when it announced third quarter sales of $43.7 billion, up 34 percent from last year, higher than analysts had expected. Those numbers include $1.3 billion in net sales from Whole Foods Market, which Amazon acquired. Operating income, however, fell 40 percent, while per-share profits were flat from a year ago…