Amazon’s earnings announcement had one big negative number – Yahoo Finance

It’s not easy to be a brick-and-mortar retailer, even for Amazon. The Seattle-based giant beat earnings expectations on Thursday, but one negative growth number in the report stands out—the decline in physical store sales. Amazon reported a 3% year-over-year decline in physical stores sales on Thursday. This is the first year-over-year comparison with Amazon’s ownership of…

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With Amazon’s Arrival, A New York Community Pushes To Be Included – NPR

The Queensbridge Houses, the largest public housing complex in the country, near the spot where Amazon plans to put a new headquarters. Mark Lennihan/AP hide caption toggle caption Mark Lennihan/AP The Queensbridge Houses, the largest public housing complex in the country, near the spot where Amazon plans to put a new headquarters. Mark Lennihan/AP Amazon’s…

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Amazon’s HQ2 sends Long Island City home sale prices skyrocketing – New York Post

Long Island City has become Prime investment property, thanks to Amazon. The already-popular waterfront Queens neighborhood was named as the future home of Amazon’s Gotham headquarters last month — and buyers have been on a feeding frenzy ever since, local brokers told The Post. Demand has been so great since Amazon’s announcement Nov. 13 that…

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Amazon’s treatment of sellers comes under scrutiny in Germany – Reuters

BERLIN (Reuters) – Germany’s antitrust authority has launched an investigation into whether U.S. ecommerce giant Amazon (AMZN.O) is exploiting its market dominance in its relations with third-party retailers who use its website as a marketplace. FILE PHOTO: General view of the Amazon.de distribution centre in Bad Hersfeld September 22, 2014. REUTERS/Kai Pfaffenbach/File Photo The move…

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Amazon’s Jeff Bezos: This simple framework can help you answer the most difficult questions you face

Irreversible decisions require more care. These high-consequence decisions should be made by senior leadership, single individuals or tiny teams, said Bezos. Senior executives at Amazon often analyze irreversible, high-consequence decisions. In these situations, it’s appropriate “to use very slow, deliberate decision-making processes,” explained Bezos. The mogul even jokingly referred to himself as the “chief slow…

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Amazon’s wage hike could be a “let them eat cake” solution

Yesterday, Amazon announced a big and heartening change. The company–including its recently acquired Whole Foods—is raising its minimum wage to $15 per hour. The change will begin on November 1 of this year, and will impact hundreds of thousands of employees. An Amazon spokesperson confirmed to me that all employees making more than $15/hour will…

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Amazon’s patent for caging workers was “bad” idea, exec admits

Amazon, which has come under fire for treating warehouse workers “as robots,” is now deflecting criticism for a 2016 patent that proposed to house workers in cages.  The patent was highlighted in a recent article by two AI researchers, who wrote that the design illustrated “an extraordinary illustration of worker alienation, a stark moment in…

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Amazon’s Whole Foods Is Starting to Steal Trader Joe’s Shoppers

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