Walmart Expands Offerings in Bid to Stay in Retail Race With Amazon
NEW YORK — Walmart may be bruised by Amazon, but it’s learning how to fight back.
Warren Buffett Bids Farewell to Walmart After 20 Years as Amazon Reigns
Buffett’s Berkshire Hathaway Inc. has sold its last Walmart Inc. shares, according to a filing Nov. 14, ending a relationship that dates more than two decades.
Nashville Chosen for Amazon Operations Hub
Amazon will build a $230 million operations hub in Nashville, Tenn., that will house 5,000 employees over the next 10 years.
Amazon Air Takes Delivery of 40th Cargo Plane
Amazon.com on Nov. 12 took delivery of the 40th and final plane in a lease deal for its expanding air-cargo operation. More may be on the way. A senior executive at an aircraft lessor said Amazon was shopping around for more Boeing 767 freighters and had put out a request for proposals for an additional six jets earlier this year.
Amazon Selects Washington, New York Metro Areas for Coveted ‘HQ2’ Sites
Amazon.com Inc. will build new offices in New York City and Arlington, Va., ending months of jockeying between potential locations across the country vying for a $5 billion investment that promises 50,000 high-paying jobs over almost two decades.
Walmart Narrows Gap, but Amazon Prices Still Cheaper, Study Finds
Walmart Inc. is narrowing the online price gap with low-cost leader Amazon.com and is beating the world’s biggest e-commerce company on prices for baby products, according to a new study.
Amazon Is Said to Split HQ2 Between New York, Northern Virginia
Amazon.com’s yearlong search for a second headquarters is nearing an end, people with knowledge of the matter said. One will be the Crystal City area of Arlington, in Northern Virginia, two people said. Another will be Long Island City, in the New York borough of Queens, other people said. An Amazon spokesman declined to comment.
November 6, 2018How Logistics Firms Can Compete in the Age of Amazon
The global transportation services market was estimated at about $5.8 trillion last year, and there is much at stake for legacy freight forwarding, logistics and supply-chain management companies.
Battling Amazon, Chicago-Based ShipBob Lands $40 Million, Opens Warehouse
With $40 million in new investments announced Sept. 6, Chicago-based e-commerce logistics company ShipBob is eyeing an expansion — starting with a new fulfillment warehouse in Cicero and a push to hire 100 people in the next year.
Amazon Becomes Second US Company to Reach $1 Trillion Market Value
NEW YORK — Amazon has become the second publicly traded company to be worth $1 trillion, hot on the heels of Apple.
September 4, 2018