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Amazon sales soar as worried consumers shop from home, but costs rise

The online retail giant posted massive first-quarter revenue growth with holiday-like buying offsetting challenges it had stocking household staples......»»

Category: topSource: washpostApr 30th, 2020

Amazon sales soar as coronavirus-worried consumers shop from home, but costs rise

The online retail giant posts massive first-quarter revenue growth with holiday-like buying offsetting challenges it had stocking household staples......»»

Category: topSource: washpostApr 30th, 2020

Amazon holiday sales jump as one-day shipping pays off

Shares soared 13% in after-hours trade, putting the online retailer back in the $1 trillion market capitalization club. If the share gain holds on Friday, it will be the biggest daily jump for Amazon since October 2017......»»

Category: topSource: moneycentralJan 30th, 2020

Amazon holiday sales jump as one-day shipping pays off

Shares soared 13% in after-hours trade, putting the online retailer back in the $1 trillion market capitalization club. If the share gain holds on Friday, it will be the biggest daily jump for Amazon since October 2017......»»

Category: topSource: moneycentralJan 30th, 2020

How Amazon, Costco, and Alphabet Really Make Their Money

Amazon's biggest profit margins don't come from online sales, Costco doesn't earn cash from discount items, and Alphabet's moonshots don't help the company's bottom line one bit......»»

Category: topSource: foxnewsApr 7th, 2019

Walmart makes headway in battle with Amazon as online sales soar

Walmart is making headway in its pitched battle with Amazon, with its online sales soarin.....»»

Category: topSource: usatodayAug 16th, 2018

Walmart posts biggest U.S. sales rise in a decade, shares soar

Walmart Inc posted its best quarterly U.S. sales growth in a decade and upped full-year sales and profit outlooks on Thursday, sending shares surging as a jump in online and grocery purchases showed it can hold its own against Amazon.com Inc ......»»

Category: topSource: reutersAug 16th, 2018

Foot Locker shares soar after Air Max boost

Foot Locker shares jumped 20 percent on Wednesday after third-quarter results showed shoe sales turning back to growth thanks to a boost from Nike's latest lines, heading off fears it was losing out to Amazon and other online stores......»»

Category: topSource: reutersNov 21st, 2018

Costco misses quarterly sales estimates

Costco Wholesale Corp on Thursday reported quarterly revenue below Wall Street estimates, as the warehouse club operator cut prices and invested more in its online business to compete with Amazon.com Inc and Walmart Inc ......»»

Category: topSource: reutersDec 13th, 2018

Walmart's grocery delivery pays off in fight with Amazon as online sales soar

Shoppers increasingly buying bread, milk and other groceries online, helped boost Walmart's e-commerce sales 43 percent in .....»»

Category: topSource: usatodayFeb 19th, 2019

D.C. attorney general brings antitrust lawsuit against Amazon

The lawsuit says Amazon policy preventing sellers from offering their products at lower prices on other online platforms results in “artificially high” prices across e-commerce sales......»»

Category: topSource: washpostMay 25th, 2021

D.C. Attorney General brings antitrust lawsuit against Amazon

The lawsuit says Amazon policy preventing sellers from offering their products at lower prices on other online platforms results in “artificially high” prices across e-commerce sales......»»

Category: topSource: washpostMay 25th, 2021

: Costco’s April sales rise 34%, but online sales slow down

Costco Wholesale Corp. said late Wednesday its April sales rose 34% to $15.21 billion, with online sales slowing down from the early months of pandemic-fueled stockpiling......»»

Category: topSource: marketwatchMay 5th, 2021

Costco holds March sales results conference call

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 7th, 2021

Walmart"s Indian Unit Expands E-Commerce Footprint In Challenge To Amazon

Retail giant Walmart Inc.’s (NYSE: WMT) Indian e-commerce unit Flipkart has expanded its online grocery sales to more than 50 cities in India. read more.....»»

Category: blogSource: benzingaMar 2nd, 2021

Suburban Chicago children’s boutique sues over retroactive tax bill for Amazon sales. ‘It’s basically going to be the end of my business.’

Illinois online clothing retailer sues California in dispute over Amazon sales taxIllinois online clothing retailer sues California in dispute over Amazon sales tax.....»»

Category: topSource: chicagotribuneJan 8th, 2021

: Busiest month on record for U.K. grocers as Champagne and salmon boost Amazon partner Morrisons

The boom in online grocery sales is global, with more than 60 million U.S. households placing on average 2.8 orders during November, driving a record $8.1 billion in sales......»»

Category: topSource: marketwatchJan 5th, 2021

Coronavirus cuts into Amazon profits despite sales gains

Amazon’s sales surged amid the coronavirus, but costs related to the pandemic ate away at the online retailer’s profits, the company told investors Thursday......»»

Category: topSource: foxnewsApr 30th, 2020

Costco"s March sales jumped by more than $1.5 billion

Costco Wholesale Corp. March net sales rise nearly 12%, including a 48% jump in online sales, as the coronavirus pandemic began to keep swaths of the U.S. population confined to their homes......»»

Category: topSource: moneycentralApr 8th, 2020

Ilhan Omar and Bernie Sanders are demanding that Amazon come up with a safety plan for workers as online orders soar amid coronavirus

Jonathan Ernst/Reuters Democratic lawmakers Rep. Ilha.....»»

Category: topSource: businessinsiderMar 27th, 2020