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The Amazon Pharmacy home screen is displayed on a laptop in Brooklyn, New York, on Nov. 17, 2020. The e-commerce giant said on Tuesday that it's rolling out same-day delivery of prescription medications in New York City and the greater Los Angeles area. To speed up deliveries, Amazon said it's using new, smaller facilities, stocked with the most common prescription medications for acute conditions. San Bernardino, Riverside and Anaheim, which are all in the LA area, are eligible for same-day prescription deliveries starting Tuesday. In October, Amazon began offering same-day prescription medication delivery in Seattle, Miami, Indianapolis, Phoenix and Austin, Texas.
Persons: Doug Herrington Organizations: Amazon Pharmacy, Amazon, Worldwide Amazon Stores, Station , Locations: Brooklyn , New York, New York City, Los Angeles, Bernardino, Riverside, Anaheim, LA, Seattle , Miami, Indianapolis, Phoenix, Austin , Texas, Station, Station , Texas, New York
Meanwhile, Amazon 's pharmacy efforts added another wrinkle and Disney 's newest board member weighed in on the proxy fight underway at the entertainment giant. F YTD mountain F stock performance year-to-date. The divergence in stock performance was not great to see. AMZN YTD mountain AMZN stock performance year-to-date. To help offer the swift delivery, Amazon said it is leveraging artificial intelligence "to help pharmacists fill prescriptions quickly and accurately."
Persons: John Lawler, Ford, Jim Cramer, , Doug Herrington, we're, Jim, Morgan Stanley, James Gorman, Gorman, Trian Partner's Nelson Peltz, Jay Rasulo, We've, Peltz, Wendy's, Heinz, Jim Cramer's, Jim Farley, Bill Pugliano Organizations: Ford Motor, Ford, Bank of America Securities Auto Summit, Motors, Amazon Pharmacy, Worldwide Amazon Stores, Nvidia, CNBC, Disney, FactSet, Procter, Gamble, Unilever, Ford Motor Company, Technology, Getty Locations: , Monday's Homestretch, New York City, Los Angeles, Seattle , Miami, Indianapolis, Phoenix, Austin , Texas, China, Marshall , Michigan, Romulus , Michigan
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Representatives for Walmart and Amazon did not respond to requests for comment from Business Insider. Walmart currently sells ad space to suppliers on its internal site and app and conducts ad campaigns through promoted posts on external social media sites. Advertisement"Walmart's consumer reach could propel Vizio's ad business to eventually rival Samsung and Roku. In Q4, which included the holiday shopping season for both companies, Walmart reported $173.4 billion in revenue, compared to Amazon's reported $169.96 billion.
Persons: , Forbes, David Zapletal, Kenneth Suh, AdWeek, Ross Benes, Doug Herrington, Fortune, Seth Dallaire Organizations: Service, Amazon, Business, Walmart, Hulu, Walmart Connect, Samsung, CTV, Insider Intelligence, Amazon's
“I would say it's important to remember that history is littered with big successful companies who faced big technology shifts,” Herrington said during the event. Internally, Amazon is scrambling to brainstorm new AI projects . Herrington oversees Amazon’s entire retail business, including the online marketplace, healthcare unit, and logistics service. While mentioning big companies that failed to adapt to these transitions and ultimately phased out, Herrington said he’s confident Amazon is going to be a leader in AI. Advertisement“It's all of our responsibility together to make sure that's not going to be the Amazon story,” Herrington said.
Persons: , Doug Herrington, , Herrington, , ” Herrington, didn’t, , There’s, Andy Jassy Organizations: Service, Amazon, Business
Read previewAn Amazon drone delivered a box of cookies in about 15 minutes — making it one of the company's fastest deliveries of 2023. "During rainstorms, strong winds, extreme heat events, or other unfavorable weather, drone delivery is not available," the FAQ reads. Amazon plans to expand Prime Air drone deliveries in 2024, adding a new US location as well as hubs in Italy and the UK, Herrington wrote. Amazon delivered orders to Prime members at its "fastest speeds ever globally" in 2023, according to the blog post. AdvertisementHave you received an Amazon delivery by drone and want to talk about the experience?
Persons: , Doug Herrington, There's, Herrington, Amazon Organizations: Service, Business, College Station ,, Amazon, College, Air Locations: College Station, College Station , Texas, Lockeford , California, Italy
Read previewMore people seem to be talking about canceling their Amazon Prime memberships. But new data suggests Prime membership growth may have bounced back in the US, after seeing a dip for the first time ever in 2022. The increase follows Prime's first-ever drop in membership growth in 2022, when CIRP said its survey data showed Prime "essentially stopped growing" in the US. "An increase in Prime members today means that more US consumers are finding Prime and therefore Amazon shopping is worth the investment in membership." Earlier this week, Amazon started showing ads on its Prime video streaming service for the first time.
Persons: , CIRP, Bradley Mattinger, Amazon's, Mattinger, Doug Herrington Organizations: Service, Amazon, Wall Street, Business, Consumer Intelligence Research Partners
Amazon names logistics head as new AWS CFO
  + stars: | 2024-01-18 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com   time to read: +1 min
Amazon said Thursday John Felton, the company's top logistics executive, will take over as chief financial officer of its AWS cloud computing unit. In a blog post, Doug Herrington, Amazon's worldwide retail chief, said Felton would take on a new role as senior vice president and Amazon Web Services CFO. Udit Madan, Amazon's vice president of transportation, will replace Felton. Felton has been with Amazon for nearly two decades, most recently serving as the head of its worldwide operations division. Felton will replace AWS' current CFO Richard Puccio.
Persons: John Felton, Doug Herrington, Felton, Udit Madan, Andy Jassy's, I'm, Richard Puccio, Puccio, shakeup Organizations: Amazon, Amazon Web, AWS, Street, CNBC Locations: He's
Amazon said Tuesday it rang up "record-breaking" sales in the run-up to Cyber Monday as consumers, still pinched by inflation, sought discounts. The company said the period from Nov. 17 to Cyber Monday marked its "biggest ever" holiday shopping event compared to the same 11-day stretch last year. Amazon, which did not disclose actual sales figures, added that shoppers worldwide bought more than 1 billion items during the period. Retailers and analysts were cautious heading into this year's holiday shopping season. While consumers have remained resilient, grocery prices remain high, and the resumption of student loan payments has eaten into some shoppers' holiday budgets.
Persons: Doug Herrington Organizations: Amazon, Deal, Worldwide Amazon Stores, U.S, Adobe Analytics, Adobe's Locations: Robbinsville , New Jersey, U.S
Amazon 's fall Prime deals bonanza "outpaced" last year's event, the company said Thursday, as discount-hungry consumers got an early jump on holiday shopping. It marks the second year Amazon has held the shopping event, which is a fall follow-up to the company's main Prime Day sale held in July. "Prime Big Deal Days was a strong start to the holiday shopping season, offering Prime members an exclusive early opportunity to save and surpassing our expectations," Doug Herrington, CEO of Worldwide Amazon Stores, said in a statement. "This event outpaced last year's holiday kick-off event, with more Prime members shopping this year." Amazon typically uses its discount events for Prime members to run promotions on its devices.
Persons: Doug Herrington, Temu Organizations: Deal, Worldwide Amazon Stores, Shoppers, Apple AirPods, Bissell, Walmart, Target, Adobe Locations: Alpharetta , Georgia
"Project Nile is a confidential initiative wherein we're building a conversational shopping agent for Retail customers," one internal document explained. Wearing that "I love AI" t-shirt, Sirosh, VP of Amazon Search and Alexa Shopping, introduced Project Nile as a "super confidential" project. Project Nile isn't the only move Amazon has made in the popular generative AI space. For Amazon's retail side, Project Nile is one of the most important projects. Sirosh has told his team he's "staffing up very rapidly" as Project Nile is the "absolute top priority."
Persons: Joseph Sirosh, Sirosh, Stephen Lam, It's, they're, Andy Jassy, Doug Herrington, Jassy, Rohit Prasad, ChatGPT, Microsoft's Bing, Google's Bard Organizations: Amazon, Microsoft, Retail, Amazon Search, Alexa, Nile, ChatGPT, Google Locations: Anthropic, OpenAI
Amazon CEO Andy Jassy recently expanded his group of direct reports. Jassy has added at least 8 new executives to his direct reports since becoming CEO in 2021. Amazon recently created a new AI group that reports to CEO Andy Jassy. In his 2 years since becoming CEO, Jassy has added or replaced at least 8 executives in his top leadership team. (Jassy's direct reports are different from the S-team, a group of more than two dozen most senior decision-makers at Amazon).
Persons: Andy Jassy, Rohit Prasad, Prasad, Doug Herrington, Adam Selipsky, Brian Olsavsky, Jassy, There's, Dave Clark, Jay Carney, Jeff Blackburn, James Hamilton, Mike Hopkins, Eric Remling, Beth, Dave Limp, David Zapolsky, Drew Herdener, WW Communications Eric Rimling, Paul Kotas, Peter Krawiec, Alexa Stacey Pistole, Steve Boom, Steve Schmidt, Eugene Kim Organizations: Amazon, Alexa, Business, Amazon Studios, Amazon Devices, WW Amazon, WW Communications, Amazon Video, Corporate Locations: It's
Amazon announced its plans to double its same-day delivery sites in the coming years. The plans come months after Amazon said it ramped up the pace of some deliveries to "within hours." Amazon is planning to double its number of same-day delivery facilities "in the coming years," the company said in a press release. But more same-day delivery sites could also increase in the number of packages and stops for drivers, which in turn, could lead to harsher working conditions. Rising temperatures could also make the work of delivery drivers harder.
Persons: Amazon, Doug Herrington Organizations: Amazon Locations: Los Angeles, Phoenix, San Francisco
Insider's investigation revealed that Amazon knowingly duped consumers into Prime subscriptions. The suit was the result of an Insider investigation in early 2022. One of those letters, reviewed by Insider, said the FTC made a Civil Investigative Demand to Amazon in March 2021. A CID is a legal document enforceable in court that seeks documents or other information related to an FTC investigation. In April 2022, the FTC sent more correspondence about the issue to Amazon lawyers, according to the letter, which cited Insider's original story from March 2022.
Persons: Amazon, Bezos, Eugene Kim, Graham Starr, CIDs, Andy Jassy, Dave Clark, Doug Herrington, Russ Grandinetti, Greg Greeley Organizations: Federal Trade Commission, Amazon, FTC, CID, Bezos Locations: Washington, Amazon's
Amazon's retail CEO Doug Herrington expects delivery speed to be "faster" than ever this year. But the company's retail CEO Doug Herrington believes Amazon's shipping will improve dramatically this year, to the point where they deliver "faster" than ever before. It's easy to find Amazon customers pointing this out on social media. Herrington hinted at improved efficiencies across Amazon's delivery network that was hit hard by labor and logistics issues since the start of the pandemic. 'Two big overriding priorities'During last week's meeting, Herrington said improving delivery speed is one of the "two big overriding priorities" for Amazon's retail business this year.
Amazon's HR and retail bosses sent out the following emails to employees on Wednesday. In response, Amazon's HR boss Beth Galetti and most senior retail executive Doug Herrington sent out the following emails to their respective teams. I understand how difficult this news is for our entire team, especially for those employees who are directly impacted. Notification emails will be sent out to impacted employees shortly, and we expect all notifications in the U.S., Canada and Costa Rica to be completed by end of the day today. Although other companies might have balked at the short-term economics, we prioritized investing for customers and employees during these unprecedented times.
Employees were notified of the cuts in emails sent by Doug Herrington, the company's worldwide retail chief, and human resources head Beth Galetti, CNBC confirmed. Amazon's human resources and stores divisions are likely to be among the organizations most severely impacted by the job cuts. Notification emails will be sent out to impacted employees shortly, and we expect all notifications in the U.S., Canada and Costa Rica to be completed by end of the day today. Although other companies might have balked at the short-term economics, we prioritized investing for customers and employees during these unprecedented times. Conversations with impacted employees took place around the world today, and this morning, Pacific Time, notification messages were sent to all impacted employees in the U.S., Canada, and Costa Rica.
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