Momentum Commerce, which manages online sales for 50 brands in a variety of product categories and price points, said its Amazon sales plunged 41% year over year on July 8.
July 9, 2025Latest News Updates From Spencer Soper
Some Sellers Sit Out Amazon Prime Day Over Tariffs
Amazon’s Prime Day is slamming into President Donald Trump’s trade war, with ever-shifting tariffs prompting some brands to sit out the sale and some shoppers hinting they plan to pull back.
July 8, 2025Pershing Square Buys Amazon Stake After 31% Stock Price Drop
Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.
May 23, 2025Amazon Issues Backdated Refunds in Policy Review
Amazon customers are suddenly getting refunds for products they purchased and returned as far back as 2018, along with apologies from the retailer after it discovered “unresolved” issues.
May 21, 2025Amazon Warehouse Workers Reject Union Bid in North Carolina
Amazon workers at a warehouse in North Carolina overwhelmingly rejected union representation.
February 18, 2025Amazon Workers Seek $30 an Hour in North Carolina
Amazon employee organizers in Garner, N.C., won the right to hold an election this week to determine whether workers at the facility will be represented by an upstart union.
February 11, 2025Amazon Unveils AI Tool to Help Drivers Find Packages Faster
Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.
October 9, 2024Online Holiday Spending Projected to Rise 8.4%
Steep discounts and easing inflation will compel U.S. shoppers to spend $240.8 billion online in November and December, up 8.4% from last year’s holidays and the biggest increase since 2021.
September 25, 2024Albertsons Sued for Allegedly Copying Startup’s Software
Albertsons Cos. was sued by an e-commerce software maker that claims the grocery chain conducted trials with its product for three years only to steal its trade secrets to build its own system.
August 19, 2024Amazon Prime Day Drives Online Sales Up 11% to $14.2 Billion
U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.
July 18, 2024Trending
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