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Read previewAs Amazon's Prime Day approaches, one delivery driver in Texas has a strategy for handling the coming avalanche of packages. Flex workers, meanwhile, are independent contractors who are paid per shift (or "block," as the workers call them) and use their own cars to work. Some Amazon delivery workers said they peed in bottles as they faced pressure to complete their routes, BI reported in 2018. "Amazon Flex delivery partners have the freedom to take breaks and run errands during their delivery window specified in-app," Branden Baribeau, an Amazon spokesperson, told BI. AdvertisementDo you work for Amazon Flex, Whole Foods, Amazon Fresh, or another part of Amazon's retail business and have a story idea to share?
Persons: , They're, she's, Branden Baribeau, Baribeau, Dhruv Grewal, Grewal Organizations: Service, Business, Amazon, Amazon ., Walmart, Target, Flex, Whole Foods, Babson College, Foods Locations: Texas, Alabama, Washington, Seattle
But for one Amazon Flex delivery worker in Alabama, work started picking up this past week. The Flex worker, who made deliveries for Amazon during Prime Day in 2023, asked not to be identified by name, but Business Insider has verified her identity and work for Amazon. For many Amazon delivery workers, Prime Day has become one of the busiest times of the year. AdvertisementBut in the run-up to Prime Day, those higher offers come up sooner — even a full day before the shift, she said. Do you work for Amazon Flex, Whole Foods, Amazon Fresh, or another part of Amazon's retail operations and have a story idea to share?
Persons: , It's, she's, Branden Baribeau, Baribeau Organizations: Service, Business, Amazon, Whole Foods, Workers, deactivating, Flex, Foods Locations: Alabama
If shoppers already go to Amazon's stores or other places with an Amazon locker, it's quite convenient, said Jeremy Bartlow, a partner and consumer expert at PA Consulting. There's another reason why Amazon would love for you to pick up your Prime Day deals instead of delivering them to your front door: their bottom line. AdvertisementEarlier this year, Amazon offered a discount at Amazon Fresh grocery stores if patrons used one of the supermarkets to return something they bought on, for example. Whole Foods and Fresh Prime customers can also get their groceries selected from the selves and pre-packed for pick-up for free. Do you work for Amazon, Whole Foods, or Amazon Fresh and have a story idea?
Persons: , Amazon, Prime's, Jeremy Bartlow, Bartlow, you've Organizations: Service, Business, Foods, Amazon, U.S, PA Consulting, SEC, U.S . Postal Service, Amazon Fresh, Fresh Locations: U.S
Read previewAmazon Prime Day is approaching, and as usual, the online retailer is offering a slew of specials for customers during the two-day shopping extravaganza. It also wants you to sign up (and pay for) Amazon Prime at $14.99 a month — and possibly a whole host of other Amazon subscriptions. (The Amazon Fire HD 10 tablet is 46% off this Prime Day, down from $139.99 to $74.99.) "We sell a lot of devices during our Prime Day events," CFO Brian Olsavsky said on an earnings call after Prime Day 2022. AdvertisementFor those with a Prime subscription, Prime Day represents "the new Black Friday," Bartlow said.
Persons: , gunning, Jeremy Bartlow, haven't, Bartlow, that's, Amazon's, Brian Olsavsky Organizations: Service, Amazon, Business, Consumer Intelligence Research Partners, PA Consulting, Whole Foods, Amazon Music, Kindle, Amazon's Alexa, Big Tech, Apple, US Department of Justice, Microsoft, Walmart, Target
The Amazon Prime Visa earns 5% back at Amazon and Whole Foods and offers 0% intro APR on select purchases. Earn an instant $200 by signing up for a new Amazon Prime Visa credit card by July 24. Cardholders with Amazon Prime membership earn 5% back on Amazon, Amazon Fresh, Whole Foods, and Chase Travel purchases, all without paying an annual fee. If you're an Amazon Prime member, your Prime Visa card benefits extend far beyond the initial bonus and 5% cash back. Cardholders without Amazon Prime membership earn 3% cash back on Amazon bonus categories: Amazon, Amazon Fresh, Whole Foods, and Chase Travel.
Persons: You'll, Chase, , cardholders, you've, you'll, we've, Katherine Fan, Katherine, Guy, Nerdwallet, Fortune, Katherine moonlights, she's, She's Organizations: Amazon, Visa, Foods, Read, Chase Travel,, FDIC, Prime, Finance, Cards, CNN, Forbes, Wall, Dallas Morning News, Newsweek, Nasdaq, MSN, Yahoo, SXSW, Austin American, Statesman, University of Texas, National Taiwan University Locations: Austin, orcas, Antarctica, Japan, New Zealand, South Africa, Taiwan
Amazon is rolling out more smart shopping carts to grocery stores. The Dash carts are meant to be a better option for grocery runs than Amazon's Just Walk Out tech. I tried using a Dash cart at Amazon Fresh and felt like I was using a self-checkout on wheels. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmazon is betting that a smart shopping cart will become integral to your weekly grocery run.
Persons: Organizations: Service, Business
Amazon Fresh is offering grocery discounts to customers who return purchases there. The coupons are likely a way of getting you to shop at the chain, not just drop your returns off. AdvertisementAmazon Fresh is giving customers who stop by to make a return an incentive to use the store for its intended purpose: buying groceries. Signs at Amazon Fresh stores read "Package return customers save big" and include QR codes so that customers can claim the coupons, according to a photo seen by Business Insider. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Amazon, Business
New York CNN —More than 15,000 Amazon contract drivers filed arbitration claims against the e-commerce giant on Tuesday, alleging Amazon classified them as independent contractors instead of employees with minimum wage and overtime rights. Amazon Flex, launched in 2015, allows independent contractors to sign up to deliver Amazon packages. Flex drivers provide Amazon Fresh grocery deliveries or same-day deliveries from the company’s warehouse hubs. Since the drivers are classified as independent contractors, these claims ask for compensation for unpaid wages and overtime, and reimbursement for expenses such as mileage and cell phone usage. Tindall told CNN that the workers filed independent arbitration claims instead of a class action lawsuit because drivers have to sign an agreement that forbids class action.
Persons: misclassification, Steven Tindall, Tindall, Joseph Sellers, , Sellers, we’re, ” Tindall, CNN’s Samantha Delouya Organizations: New, New York CNN, Amazon, Flex, American Arbitration Association, Drivers, CNN Locations: New York, California , Massachusetts, Illinois
A slew of big-box retailers have lowered prices on items in recent weeks, citing moderating inflation and frugal customers. Recent economic data has also suggested that inflation is cooling, after data earlier this year spurred fears that progress had stalled. Yet Americans don’t seem convinced that inflation is moderating or that the economy is as healthy as indicators suggest. Mortgage rates have declined in recent weeks but remain near 7%. Target announced plans to cut prices on thousands of consumer basics as inflation cuts into household budgets.
Persons: aren’t, Charles Schwab’s, , James Kostulias, Charles Schwab, Joe Raedle, Jerome Powell, Powell, Neel Kashkari, “ I’m, Schumer, Chuck Schumer, General Merrick Garland, , Elizabeth Warren, Amy Klobuchar, Bernie Sanders, Dick Durbin, Scott Sheffield, Read, Matt Egan, Mat Ishbia, homebuyers, refinances Organizations: CNN Business, Bell, New York CNN, Walmart, Target, Ikea, Aldi, CPI, “ Traders, Minneapolis Federal, CNBC, Democrats, Justice Department, Oil, Big Oil, DOJ, Big, Federal Trade Commission, United Wholesale Mortgage, Phoenix Suns NBA Locations: New York, Miami , Florida, Minneapolis, Texas, Sens
Amazon Fresh is cutting prices on about 4,000 products through weekly sales. Walmart and Target have also cut prices as customers deal with the long-term effects of inflation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmazon is the latest major retailer to cut grocery prices. The retail giant will drop prices on about 4,000 items — some by up to 30% — at its Amazon Fresh chain, the company told CNN.
Persons: Organizations: Walmart, Target, Service, CNN, Business
New York CNN —Amazon Fresh has joined the growing ranks of retailers that are cutting prices. It is discounting thousands of grocery items in a bid to entice price-conscious shoppers to add a little bit more to their shopping carts. In the game of chicken between stores and shoppers, it’s the stores that finally appear to be yielding. For Prime members, Amazon Fresh is stacking more savings by offering a 10% discount on hundreds of online grocery items. Last week, Walmart (WMT) said it has rolled back prices on nearly 7,000 items in its stores, saying it was seeing deflation on some key grocery items.
Persons: Sarah Wyeth, “ There’s, ” Wyeth, ” Claire Peters Organizations: New, New York CNN, Target, Walmart, Shoppers, CNN, Savings, Amazon, Aldi Locations: New York, United States
I stopped shopping at Whole Foods in 2012, but recently went back to see if anything had changed. I eventually realized that other supermarkets better supported my shopping habits and lifestyle, and I stopped going to Whole Foods in 2012. Now, I can easily visit Wegmans for plant-based foods and shop at Safeway for milk alternatives or locally-produced ice cream, so Whole Foods no longer stands out. I found the prices at Whole Foods to be expensiveSmall snacks and produce at Whole Foods are usually more expensive than at other supermarkets. AdvertisementI did see products from the 365 label, Whole Foods' house brand, that were cheaper than similar items at the store.
Persons: , I've, Jamie Davis Smith, gelato, what's, I'm Organizations: Foods, Service, Amazon, Safeway, Whole Foods Locations: Washington ,
Amazon said it delivered to its Prime members faster than ever in the first quarter of 2024. Its drivers delivered over 2 billion items "the same or next day" in Q1, the company reported. AdvertisementIf it seems like that Amazon Prime package you ordered showed up on your doorstep sooner than expected, it's probably not just your imagination. Major cities outside of the US, like London, Tokyo, and Toronto, saw three out of four of their items delivered in the same window. Prime members are now being offered free delivery on grocery orders over $35 from stores like Whole Foods, Amazon Fresh, and more.
Persons: , it's, Blake Droesch, Droesch Organizations: Service, Amazon, Business, titans Locations: London, Tokyo, Toronto
A modern grocery store whose shelves are packed with everything from pasta to wine fills a spot in central Havana once occupied by a drab state-owned flower shop, its ceilings and walls repaired and repainted. A former state glass company in a Havana suburb now houses a showroom for a private business selling Cuban-made furniture. And at the Cuban capital’s port, forklifts carefully unload American eggs from a refrigerated container. The eggs are bound for an online private supermarket that, much like Amazon Fresh, provides home delivery. These ventures are part of an explosion of thousands of private businesses that have opened in recent years across Cuba, a remarkable shift in a country where such enterprises have not been permitted and where Fidel Castro rose to power leading a communist revolution determined to eliminate capitalist notions like private ownership.
Persons: Fidel Castro Locations: Havana, Cuban, Cuba
Amazon Prime members can now get unlimited grocery deliveries for $9.99 per month. Shoppers can get free delivery on orders over $35 from Amazon Fresh, Whole Foods, and more. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSummer is approaching, and the competition for same-day grocery delivery is heating up. Amazon is now the latest major retailer to enter the fray with a new subscription option for Prime members to get unlimited delivery on orders over $35 from stores, including Whole Foods, Amazon Fresh, and other local shops.
Persons: Organizations: Amazon, Foods, Walmart, Target, Service, Whole Foods, Business
Treasury yields dip: In addition to earnings, the other part of the market's gauntlet this week is a trio of huge Treasury auctions. The PMI data was softer than expected, confirming signs of the economic "brown shoots" that Jim Cramer has recently been flagging. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jim, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Treasury, P Global, PMI, Federal, Amazon, Foods, Apple, Developers, Tesla, Enphase, Texas, Boeing, Boston Scientific, Otis Worldwide, Jim Cramer's Charitable Locations: Enphase Energy, Humana
According to the Journal, Amazon appeared to have a model it wanted to replicate for Wickedly Prime: Trader Joe's. AdvertisementAccording to the report, Amazon wanted to replicate the top 200 items sold at Trader Joe's. The Amazon manager also pressed the ex-Trader Joe's employee for data on the margins for each product. The former Trader Joe's employee's experience gives an inside look at Amazon's broader, aggressive efforts to compete with other grocers. Trader Joe's established a cult following with its customers partly by developing snacks and foods through its private label.
Persons: , Joe's, Nakia Rohde Organizations: Service, Street Journal, Amazon, Business, Wickedly Prime, The, Foods
This work diminished short-term revenue, but was best for customers, much appreciated, and should bode well for customers and AWS longer-term. We're also making progress on many of our newer business investments that have the potential to be important to customers and Amazon long-term. Being intentional about building primitives requires patience. Customers building their own FM must tackle several challenges in getting a model into production. Customers' AI models contain some of their most sensitive data.
Persons: Andy Jassy, Jassy, Jeff Bezos, he's, we've, Martha Stewart, Clinique, we're, We've, bode, We're, I've, iterating, We'd, we'd, Fox, affordably, you've, They're, Anthropic, that's, Claude, Dana, debugs, Slack Organizations: Amazon, Services, AWS, Deal, Prime, MGM, Savings, Regions, Citadel, Target, Storage Service, Netflix, Disney, Max, Paramount, CIA, . Intelligence, Amazon Freight, Carrier, Amazon Shipping, Foods, Drones, Amazon Pharmacy, Amazon Clinic, Robotics, Nvidia, Ricoh, NatWest, FMs, Meta, Bridgewater Associates, Farber Cancer Institute, Delta Air Lines, Intuit, KT, Lonely, LexisNexis, Netsmart, Pfizer, PGA, Rocket Companies, Siemens, Media, Inc Locations: North America, U.S, Europe, India, Brazil, Australia, Mexico, Middle East, Africa, Malaysia, New Zealand, Kingdom of Saudi Arabia, Thailand, Berlin, Hulu, Amdocs, Genomics England, GoDaddy, GenAI
But a resurgence in the industry could complicate the Federal Reserve’s ongoing inflation fight, either delaying the first interest rate cut or resulting in fewer cuts this year, some economists say. Interest rates have been at a two-decade high since July, after the Fed raised rates aggressively over the prior year and a half. The economy picking up further strength would spook Wall Street because of what it means for interest rates — and some manufacturers say they’re optimistic about the future. The Bank of Canada announces its latest interest rate decision. China’s National Bureau of Statistics releases March inflation data.
Persons: Joe Biden, , Tom Barkin, , Mary Daly, ” Daly, Jerome Powell, Neel Kashkari, ” Kashkari, ” Richard de Chazal, Blair, they’re “, Amazon’s, It’s, Ramishah Maruf, Amazon, haven’t, Read Organizations: Washington CNN, Institute for Supply Management, Congress, Fed, ” Richmond Fed, ” San Francisco Fed, Minneapolis, Dow, Blair Equity Research, Amazon, Fresh, Delta Air Lines, US Labor Department, Index, Bank of Canada, Federal Reserve, National Bureau of Statistics, Constellation Brands, European Central Bank, JPMorgan Chase, Citigroup, State, National Statistics, The University of Michigan Locations: Richmond , Virginia, ” San, Las Vegas, India, Wells Fargo, Progressive, BlackRock
Shoppers check out the sale items as they wait in line for the new Amazon Fresh store to open on E. Colorado Blvd in Pasadena, CA Thursday, September 15, 2022. Amazon is removing its cashierless checkout systems at Fresh supermarkets in the U.S., the company confirmed, marking the latest recalibration of its grocery strategy. The company won't include the system, called Just Walk Out, in existing Fresh stores or in new locations slated to open later this year. The Information earlier reported Amazon's decision to scrap Just Walk Out at some Fresh stores. Amazon's Go convenience stores will continue to use Just Walk Out technology, along with smaller Fresh locations in the U.K.
Persons: We've, Carly Golden, JWO, Jeff Bezos, Bezos Organizations: . Colorado, Amazon Locations: ., Pasadena , CA, U.S, Seattle, India
But now, Amazon is walking back its “Just Walk Out” technology at its grocery stores, reining in grand promises of an automated, friction-less checkout. Customers just haven’t bought into cashier-less technology, especially in grocery stores where they purchase larger quantities and face extra tasks such as weighing produce. Customers entered Fresh stores using Amazon One palm recognition, the app or a credit or debit card. Amazon Fresh strugglesThe tech giant opened its first Amazon Fresh store in 2020, and has more than 40 locations across the US. But Amazon Fresh has faced setbacks since it debuted, including challenges getting shoppers to buy groceries in its Amazon Fresh grocery stores, and it laid off workers.
Persons: Amazon, haven’t, , they’ve, Andy Jassy, “ We’ve, Nathaniel Meyersohn, Moira Ritter Organizations: New, New York CNN, Amazon, Fresh, CNN, Dollar, Walmart, Costco, Foods Locations: New York, India, Washington, Chicago, Southern California
Read previewAmazon's Just Walk Out technology had a secret ingredient: Roughly 1,000 workers in India who review what you pick up, set down, and walk out of its stores with. But Just Walk Out was still very reliant on humans, The Information reported on Tuesday, citing an unnamed person who has worked on Just Walk Out technology. The revelation comes as Amazon is planning to replace Just Walk Out at Amazon Fresh stores with its Dash Carts, The Information reported. Twenty-seven of the 44 Amazon Fresh stores currently have the tech. Do you work for Amazon Fresh or Whole Foods and have a story idea to share?
Persons: Organizations: Service, Business, Amazon's, Amazon, Fresh, Foods, Aldi, Dollar Locations: India
Called "Whole Foods Market Daily Shop," they'll be a fraction of the size of a normal Whole Foods. Called "Whole Foods Market Daily Shop," they'll take up between 7,000 and 14,000 square feet, Bloomberg reported on Monday. People want things fast," Christina Minardi, executive vice president of growth and development at Whole Foods Market and Amazon, told Bloomberg. A rendering of the produce section at a Whole Foods Market Daily Shop store. It also aimed to be more affordable than mainline Whole Foods stores by focusing on Whole Foods' own-brand products.
Persons: It's, , they'll, Christina Minardi, Andy Jassy Organizations: Amazon, Service, Bloomberg, Foods, Shop, Daily Locations: New York City
Aldi is reportedly testing checkout technology similar to Amazon's Just Walk Out at a store. The technology, from startup Grabango, has been used at a Chicago-area Aldi store since November. AdvertisementAldi is the latest retailer to add in-store technology that functions like Amazon's Just Walk Out checkout system. Like Amazon's Just Walk Out, Grabango's technology allows customers to download an app on their phone and add their credit card information. AdvertisementHave you visited the Aldi store in Aurora and have a story idea or insight to share?
Persons: Organizations: Aldi, Retailers, Service, Amazon, Foods, Grabango, Business Locations: Chicago, Aurora , Illinois, Aldi's, North Carolina, Aurora
Amazon is pitching its cashierless checkout technology to hospitals and other health-care facilities. Hospital visitors will also be able to shop at JWO-enabled stores using credit cards and debit cards, as well as mobile wallets. Amazon's JWO technology allows shoppers to enter a store by scanning an app and exit without needing to stand in a checkout line. Cameras and sensors track what items shoppers select and charge them when they leave. It also sells the technology to third-party retailers in airports, college campuses, stadiums and theme parks, among other venues.
Persons: Joseph's, Amazon Organizations: Amazon, Candler Hospital, CNBC PRO Locations: Ealing, London, England, JWO, Savannah , Georgia
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