[BNews]

Featured STOCK

  • Amazon is closing every Amazon Fresh and Amazon Go store to focus on a major Whole Foods e

    Amazon is shutting down all 72 of its Amazon-branded grocery stores, including Amazon Fresh and Amazon Go. According to the company, it will convert some of those locations into Whole Foods Market-branded stores. “While we’ve seen encouraging signals in our Amazon-branded physical grocery stores, we haven’t yet created a truly distinctive customer experience with the...

  • Amazon’s Many Store Closures Aren’t The End—They’re The Strategy

    Once upon a time, Amazon tried to build a physical-store kingdom: cashierless convenience in Amazon Go, grocery at Amazon Fresh, Amazon kiosks in malls for small electronics, Amazon 4-star for I-never-understood-what, fashion at Amazon Style, deals-of-the-day at Amazon Treasure Truck and Amazon Books. For a while, it looked like Amazon’s playbook might work: expand fast,...

  • Roundup: More Amazon layoffs / SNAP changes / Spending on AI

    Second round: Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the e-commerce company in three months. The tech giant has said it plans to use generative artificial intelligence to replace corporate workers. Read more from the Associated Press.  New restrictions: Supermarkets across Louisiana are preparing for new SNAP...