Former Vice President Joe Biden said Amazon (AMZN) should “start paying their taxes” in a broader critique of large, successful businesses.
“I don’t think any company, I don’t give a damn how big they are, the Lord Almighty, should absolutely be in a position where they pay no tax and make billions and billions and billions of dollars,” the presumptive Democratic presidential nominee said in an interview with CNBC on Friday.
For the 2017 and 2018 tax years, Amazon’s own financial filings showed that it expected to receive money back from the federal government, not that it owed money in income tax. For the 2019 tax year, Amazon said it owed more than $1 billion in federal income tax, a figure experts said amounted to little more than 1% of its profits.
Department stores like Macy’s have a big problem, and it’s not Amazon: Discount retailers Target and TJMaxx continue to take their customers.
Macy’s struggled during its latest quarter, adding to a string of poor results at department stores. This comes as lower-priced retailers grow sales and consumer spending in the United States remains strong. Americans are still shopping, but they are hunting for bargains elsewhere.
Macy’s posted a sales decline of 3.9% at stores open for at least a year, the company said Thursday.
Amazon really, really wants Prime Members to use its Amazon Fresh delivery service. So it’s getting rid of the steep $14.99/month fee for Prime members, and it’s adding groceries from your local Whole Foods.
Amazon Fresh is Amazon’s answer to grocery services like Instacart, offering home delivery or pickup for folks who, understandably, don’t want to wait 30 minutes at one of two open checkout lanes in a physical supermarket.
Besides getting rid of that monthly fee, Amazon also announced an expansion of Amazon Fresh delivery, making it available in “more than 2,000 cities and towns” with more to come. These locales are all based around nearly two dozen major metropolitan areas, including New York City, Los Angeles, and Chicago.
Amazon is looking to fill 30,000 jobs and, to help accomplish that goal, it plans to host career days in six cities across the US next week.
The open spots span a variety of skill and experience levels, from entry-level positions at Amazon’s (AMZN) fulfillment centers to software development engineers. All of the jobs are permanent, and most of them are full-time posts. They all pay at least $15 an hour with benefits.
Amazon’s Career Day will take place on September 17 in Arlington, Virginia (the location of the company’s second headquarters), as well as in Boston, Chicago, Dallas, Nashville and its hometown of Seattle. The company said it expects to see significant growth in these cities in the future.
IT MAY BE known as the “everything store,” but there are some things, in fact, that Amazon does not sell. The ecommerce giant maintains a list of restricted product categories that ranges from weapons such as firearms, to booze and tobacco products, to pets, to kite strings for the niche sport of kite fighting. And as you get ready to celebrate the Fourth of July, you should also know that list includes fireworks.
Sorry to those who loved ordering food deliveries from Amazon, but those days are over.
More specifically, the days of Amazon Restaurants are over. GeekWire reported on Tuesday that Amazon had shut down the in-house food delivery service about four years after its launch. That means customers in more than 20 U.S. markets will likely have to turn to competitors like GrubHub and UberEats to satiate their hunger.
The official shutdown date is June 24, Amazon told GeekWire.
Jules Pieri is the godmother of startup manufacturers. A former industrial designer, she and her business partner Joanne Domeniconi launched The Grommet 10 years ago to introduce novel consumer products to a community of quality- and values-minded consumers. The company evaluates 300 submissions a week, chooses the top 3 percent, and launches them into the market with videos about their origin stories and long chats between makers and customers. Products receiving early visibility from The Grommet include Fitbit, GoldieBlox, and SodaStream. The company also advises entrepreneurs on subjects like packaging and helps them develop distribution.
Amazon just announced an initiative that it hopes will curtail the long-running issue of third parties selling counterfeit products on the platform.
Dubbed Project Zero, the free program will reportedly draw on the corporation’s technological prowess to streamline its enforcement of existing anti-counterfeit policies.
The third-generation Amazon Echo Dot is total fire, but for one family, that description became too true for comfort. Joe Jachym, a retired firefighter, says he came home on Sunday, February 24, to find his kitchen filling with smoke and his third-generation Amazon Echo Dot in flames. According to Jachym, an electrical fire centered around the plug or the outlet would throw the breaker and (in theory) extinguish the flames, but neither the plug or the outlet was damaged — only the smart assistant.
Amazon has changed the landscape of retail sales forever. One of the keys to the company’s success is their customer-friendly return policy. Although the company has been blocking customer accounts lately in response to too many returns, it’s generally easy to send something back to Amazon, and that can benefit you and your own business. Here’s how you can deal with Amazon returns.
What happens to Amazon returns?
It may seem hard to believe when you run a small company, but an enterprise as big as Amazon can’t afford to worry about their returns or allow them to take up space. For the most part, they barely even inspect returns. Instead, Amazon loads them up onto pallets and sells them off at a steep discount.