Following an abysmal first quarter 2023 earnings report, Victoria’s Secret dropped another bombshell announcing it is expanding bra and panty distribution on Amazon. With an ongoing slide in revenues, Victoria’s Secret needs something to jumpstart sales. Yes but apparently, it thinks partnering with Amazon […]
Victoria’s Secret Expands on Amazon: Why? Read More »
Amazon Prime’s U.S. membership growth ran into a brick wall last year. As recently as 2021, Prime was still growing rapidly in its home market. The program’s domestic subscriber count jumped from around 118 million individuals at the outset of
Amazon Prime Is Past Its Prime Read More »
As if Amazon CEO Andy Jassy’s migraine isn’t big enough with the challenge of redefining Amazon’s entire business Jassy to Employees: Redefine Amazon, he now has 14,000 of his employees (so far) who joined a Slack channel, called “Remote Advocacy,”
Amazon’s Disruption Just Gets Worse Read More »
I’m not going to do an “I told you so” (but I just did). Actually, I’m sharing a leaked recording that a very alert Insider Magazine scooped up, catching Amazon’s CEO Andy Jassy delivering a brutally honest and provocative challenge
Jassy to Employees: Redefine Amazon Read More »
Amazon just announced it was shutting down its charitable-donation platform AmazonSmile, effective February 20. Launched in 2013, AmazonSmile allowed customers to donate 0.5 percent of their purchase price to the charity or nonprofit of their choice. Shortfall With some $500
By Canceling AmazonSmile, the Company Challenges Its Consumer Centricity Claim Read More »
The ironies that keep popping up at Amazon, post-Jeff Bezos’ departure as CEO, are truly astounding. And the one that stands out most is Amazon’s closing of all 66 Amazon Books in the U.S. and two in the United Kingdom.
Amazon and Barnes & Noble: A Giant Irony Read More »
Amazon’s Anguish The “defining” pure-play ecommerce behemoth Amazon flourished over its first two decades, despite lacking storefronts and retail real estate. But that was then. The tailwinds that recently propelled Amazon through the pandemic have become headwinds with the cooling
Amazon and the Big Boxes Read More »
Back in the day we called them “knockoffs.” For example, brick-and-mortar retailers would copy a brand’s best-seller summer dress and design a near duplicate for their own private labels. This still goes on, with just enough differentiation to avoid counterfeit
Under Duress, Amazon Cuts Back on Its Copycats Read More »
Although they say they don’t care about conformity, next-gen consumers sure are thirsty for access to hot ticket brands. H&M is the latest online fashion retailer to heed the call by hosting competing brands on its online marketplaces. Over 13
H&M Tries to Amazonify Operations by Hosting Competing Brands Read More »
To nobody’s surprise, the Covid-19 pandemic gave Amazon a huge market share boost. So far, the ecommerce giant has been able to maintain most of its pandemic share gains even as consumer shopping patterns have started to normalize. However, the
Behind Amazon’s Thorny Profitability Problem Read More »
