Amazon.com news and archive

Chico's to now sell brand merchandise on Amazon

Chico's FAS has announced that the brand’s apparel and accessories will soon be made available on Amazon.com. "We are thrilled to be collaborating with Amazon on this new initiative," said Shelley Broader, CEO and President of Chico's FAS in a media statement, adding, "Chico's FAS will be one of the few vertically-integrated specialty retailers...

Report

Amazon's Q1 net sales rise 43 percent

Amazon.com, announcing its first quarter ended March 31, 2018, said that net sales increased 43 percent to 51 billion dollars compared with 35.7 billion dollars in first quarter 2017. Excluding the 1.6 billion dollars favourable impact from year-over-year changes in foreign exchange rates throughout the quarter, Amazon said, net sales increased...

Report

Amazon's Q4 net sales up but forecasts dip in Q1 profit

Amazon.com said in a statement that its net sales increased 22 percent to 43.7 billion dollars in the fourth quarter. Excluding the 558 million dollars favorable impact from year-over-year changes in foreign exchange rates, net sales increased 24 percent. However, for the first quarter ahead, Amazon expects operating income to be between 250...

Report

Amazon reports 29 percent rise in Q3 net sales

Amazon.com’s third quarter net sales increased 29 percent to 32.7 billion dollars compared with 25.4 billion dollars in third quarter 2015. The company said, favourable impact from year-over-year changes in foreign exchange rates throughout the quarter on net sales was 52 million dollars. Operating income was 575 million dollars compared with...

Report|REPORT

Amazon.com reports profit in Q1

Amazon.com reported net income of 513 million dollars or 1.07 dollars per diluted share for its first quarter ended March 31, 2016, compared with net loss of 57 million dollars or 0.12 dollars per diluted share, in first quarter 2015. Net sales increased 28 percent to 29.1 billion dollars in the quarter, compared with 22.7 billion dollars in...

Report|REPORT

Amazon reports 20 percent growth in FY15 net sales

Net sales at Amazon.com increased 20 percent to 107 billion dollars in 2015, compared with 89 billion dollars in 2014. For its fourth quarter net sales increased 22 percent to 35.7 billion dollars, compared with 29.3 billion dollars in fourth quarter 2014. “Twenty years ago, I was driving the packages to the post office myself and hoping we...

Retail

Amazon.com joins forces with Alibaba

Amazon.com sure has aspirations to be a global force, and they are taking all the right steps to make it happen. Everyone’s favorite e-commerce destination has teamed up with Chinese e-commerce giant Alibaba Group Holding Ltd. to launch an online store on their online marketplace, Tmall.com. It is seen as one of the first steps in amazon.com’s...