Maureen Carolina

Amazon’s plans to launch  delivery service seems like an indictment of UPS which carries a significant volume of Amazon’s shipments. The post Deutsche Bank cautious on UPS shares as Amazon plans delivery service appeared first on Retailnewsfeed.com . #amazon Deutsche Bank cautious on UPS shares as Amazon plans delivery service posted first on http://retailnewsfeed.com/

The post Amazon’s delivery service will be costlier to run than Fedex, analyst says appeared first on Retailnewsfeed.com . #amazon Amazon’s delivery service will be costlier to run than Fedex, analyst says posted first on http://retailnewsfeed.com/

In his shareholder letter two years ago, Amazon CEO Jeff Bezos said he was looking to team up with banks that could help his company expand its lending program for small businesses that sell on Amazon’s websites. CNBC has learned that Amazon Lending, which launched in 2011, ultimately found a partner in Bank of America Merrill Lynch, according to people familiar with the matter who asked not to be named because the alliance is confidential. Partnering with Bank of America allows Amazon to reduce its risk and access capital specifically to provide credit to more merchants so they can acquire inventory. Amazon Lending is an invitation-only program that makes loans of $1,000 to $750,000, with terms of up to a year, for companies that may have difficulty landing traditional business loans. In June 2017, Amazon said it issued more than $1 billion in loans during the previous 12-month period, compared to $1.5 billion in combined loans for the four years prior to that. But even with the

Amazon targets hospitals in new drive in healthcare supplies posted first on http://retailnewsfeed.com/

The post Amazon doubles down on chips to improve Echo appeared first on Retailnewsfeed.com . #amazon Amazon doubles down on chips to improve Echo posted first on http://retailnewsfeed.com/

Amazon has announced that Jennifer Salke, who is currently NBC Entertainment president, will be taking over as head of its film production and television division. the position is being filled  four months since the resignation of Roy Price who was forced to leave after allegation of sexual harassment were leveled against him by Isa Hackett, the executive producer of the television series “The Man in the High Castle.” Amazon Studios is moving its base to occupy 280,000 square feet in the iconic Culver Studios , in Culver City, California. Amazon said in a press statement that the TV and film production division will be housed in the 99-year-old center comprising of The Culver Studios Mansion and Bungalows. Culver Studios was built by movie pioneer Thomas H. Ince. Amazing productions have been filmed at this location including “The Matrix,” “E.T.,” “Legally Blonde” and the original Batman series. Hollywood classics like “Citizen Kane” and “Gone With the Wind” were also shot in the r

Amazon is planning to launch a delivery service to cater for its third party sellers in a move that will become a direct threat to deliver leaders FedEx and UPS , The post Amazon to launch its own delivery arm appeared first on Retailnewsfeed.com . #amazon Amazon to launch its own delivery arm posted first on http://retailnewsfeed.com/

Amazon’s Prime program will be featuring more in the Whole Foods operation as a senior member of Amazon Prime shifts attention to the grocery chain. Amazon’s VP for Prime and delivery experience Greg Greeley, is spending more time at Whole Foods and his role at Prime has been taken over by Neil Lindsay, who is Amazon’s Vice President of worldwide marketing. In a statement, Amazon said that Whole Foods Market is working towards delivering great value to Amazon Prime members and while Greg Greeley has expansive roles in the company he has been given the mandate to drive that agenda. However, the company reiterated that the management at Amazon Prime will remain largely intact with a clear laser attention to broadening the products and services available on the platform including entertainment, transforming it into a rapid service and offering numerous advantages like free shipping. At Amazon’s earnings release function last week, Brian Olsavsky, the company’s CFO indicated that by the

Amazon customers with a Prime membership in Cincinnati, Virginia Beach, Austin and Dallas will this week become eligible to have Whole Foods products delivered for free in two hours. The new service known as Whole Foods Prime Now will initially be available in the selected cities and gradually roll out across the country during the year. Shoppers with an Amazon Prime subscription will be able to buy a variety of products depending on availability. The company said that it will endeavor to provide the majority of items that one could find from their local store. The items in the Whole Foods range include meat, fresh produce, fresh flowers and dairy products. With the subscription, customers are able to buy these items via Prime Now or at Amazon.com. It will take the company two hours to deliver the purchased items to the customer with another option to have them delivered in one hour at an extra cost of $7.99. However, eligibility for the one hour delivery is on orders above $35. Wh

Amazon has announced changes to smartphones sold under its “Prime Exclusives” program that will give buyers an ad-free experience for the first time. The post Amazon removes ads on smartphones under its “Prime Exclusives” program appeared first on Retailnewsfeed.com . #amazon Amazon removes ads on smartphones under its “Prime Exclusives” program posted first on http://retailnewsfeed.com/

Amazon’s ad for the Super Bowl features the company’s Alexa-powered speakers with a cast of the rich and famous including Amazon’s CEO Jeff Bezos. Other celebrities making an appearance in the ad include Rebel Wilson, Cardi B, Gordon Ramsay and Anthony Hopkins. Amazon Echos in consumers’ homes did not wake up at the mention of the word “Alexa” which was voiced 10 times in the 90 second spot. The speakers are customized to differentiate commands from users and those from other sources. According to an Amazon spokeswoman, Alexa ads are modified to prevent Echo devices from erroneously reacting at the utterance. Amazon has taken steps to ensure that the smart speakers are immune from such interference from advertisements. According to a patent that was published in 2014, Amazon described “Audible command filtering” which is a system that prohibits Alexa from waking up. This is particular to a transmission that affects a huge segment of the population for example a political rally or sp

As the big tech companies prepare to announce their earnings, Apple is poised to exceed expectations from the figures seen previously. The companies expected to announce their results this week include tech giants Amazon, Alphabet, Microsoft, Facebook and Apple. These companies which constitute over 40 percent of the Nasdaq 100 are keenly watched as they are indicators of the state of the tech industry. According to Craig Johnson, an analyst at Piper Jaffray, Apple is among the companies to look out for in this year’s earnings release period. He added that the tech giant has managed to survive a tough market even as the S&P 500 soared to new heights this year. Last week’s drop of4 percent in Apple’s shares was the worst since September. The slump was occasioned by reports of a slowdown in sales of the iPhone which remains the biggest sales driver for the company. The drop has impacted the company’s price-to-earnings ratio which now hangs below 15. This has resulted in Apple tradi