Amazon: latest news, analysis and trading updates | ESM Magazine

Top 25 Retailers In The World

Let’s have a look at the top 25 global retailers in terms of their revenue performance in 2022.

Shoptalk Europe 2023 Kicks Off In Barcelona

Shoptalk Europe 2023 officially gets underway in Barcelona today, welcoming more than 3,000 decision-makers from across the retail, consumer goods and reta...

Shopify Divests Logistics Arm To Flexport In Strategic Reversal

Shopify has divested the logistics arm it built over the past few years, in a reversal of its strategy of aggressively investing in fulfillment networks, t...

Walmart Laying Off Hundreds Of US Workers At Five E-commerce Fulfillment Centers

Hundreds of workers at five US Walmart facilities that fulfill e-commerce orders are being asked to find jobs within 90 days at other company locations, a...

Amazon To Cut 9,000 Jobs In Second Round Of Layoffs

Amazon said on Monday it would cut 9,000 jobs, making it the latest Big Tech company to announce a second round of layoffs in the face of a possible recess...

Walmart Seeks To Derive More Profit From Services, Ad Sales

More of Walmart's future profitability is likely to come from its sales of ads on Walmart.com and from fees it collects from merchants using its online mar...

Amazon Grants €1.5 To Dutch Seaweed Farm Project

Amazon.com has granted €1.5 million to a Dutch project testing the viability of commercially growing seaweed in between turbines of offshore wind farm...

Amazon CEO Doubles Down On Grocery Store Business: Reports

Amazon.com chief executive Andy Jassy has vowed to double down on the e-commerce giant's struggling grocery store business, the Financial Times has reporte...