The Strategic Organizing Center (SOC) has written the Federal Trade Commission, asking the agency to block Amazon’s MGM purchase.
“A set of facts could be put forward that would support that (they are destroying the retail landscape),” says former Walmart CEO Bill Simon. “Do I want to go out of business because I’ve lost my sales by not matching them on price? Or, do I want to go out of business because I’ve matched them on price?”
According to numerous reports Amazon is very close to a deal to buy MGM Studios and its film library for nearly $9 billion with debt. This would significantly alter the streaming wars and give Amazon a huge base of over…
Amazon is coming under fire from consumer groups for how it handles Prime cancellation.
One of the largest businesses in the world, Amazon, makes up 77% of all supplement sales online. This percent is larger than the five biggest vitamin sellers combined.
Walmart is taking aim at one of Amazon’s biggest benefits, fast shipping, by using its stores to speed up delivery.
Amazon wants to emulate the success of Prime Day every day with ‘Holiday Dash,’ a new section on Amazon with daily deals that “equal Black Friday.”
Walmart launches Walmart+ a subscription service that competes directly with Amazon Prime and costs only $98 a year or optionally $12.95 a month. Walmart’s membership option is now available to customers across the country. Membership includes free 15-day trial period.