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Amazon pauses sellers’ loan repayments amid coronavirus. Amazon.com said it temporarily would not require sellers in its marketplace to repay loans it had made to them, as merchants confront the prospect of declining sales during the coronavirus pandemic. The world’s largest online retailer notified sellers that its programme known as Amazon Lending would pause repayments beginning Thursday until April 30. Interest would not accrue during that period, it said. The programme has offered sums between…

3 Reasons Walmart+ May Not Rattle Amazon Prime After All 3 Reasons Walmart+ May Not Rattle Amazon Prime After All. Just a few days ago I laid out three ways the upcoming Walmart+ service from Walmart (NYSE:WMT) could successfully stunt the growth of Amazon’s (NASDAQ:AMZN) all-inclusive Prime platform. While Walmart+ is not equipped to dethrone Prime as a tool to keep consumers within a digital e-commerce ecosystem, consumers are willing to test drive new offerings.…

Amazon will continue to pay hourly employees at its Seattle and Bellevue offices while office staffers are asked to work from home due to coronavirus concerns Amazon will continue to pay hourly employees at its Seattle and Bellevue offices while office staffers are asked to work from home due to coronavirus concerns. Amazon will continue to pay hourly workers who support its Seattle and Bellevue offices while coronavirus-related remote work policies are in effect, a…

Coronavirus: The latest setback for global trade Since 2007, we’ve had a financial crisis, a rise in populism that has seen many countries question the soundness of globalization as well the imposition of new trade barriers. Now, we have a global health emergency which threatens major disruption to supply chains and global trade (with economists already arguing its impact will be bigger in 2020 than the US-China trade war). It is tempting, therefore, to argue…

Amazon gets a surprise win in cloud contact battle Amazon gets a surprise win in cloud contact battle. A federal judge granted Amazon’s request to temporarily block rival Microsoft from working on a multibillion-dollar Pentagon cloud technology contract. (Bloomberg) A federal judge temporarily blocked Microsoft Corp. from working on a multibillion-dollar Pentagon cloud-computing contract after Amazon.com Inc. asked for the delay, a surprise win for the company as it challenges the validity of the award…

Intercontinental Exchange says eBay looks more like exchange world than e-commerce. NEW YORK (Reuters) – New York Stock Exchange-owner Intercontinental Exchange Inc views eBay Inc (NASDAQ:EBAY) as having more synergies and characteristics with exchanges than it does with e-commerce companies like Amazon.com Inc (NASDAQ:AMZN), the exchange operator’s CEO said on Thursday. Also Read: How to use Google’s featured snippets to boost your digital marketing clout ICE (NYSE:ICE) on Tuesday said it had approached eBay Inc…

Amazon is Working on Hand-Scanning Payment System. Amazon is reportedly in the process of developing a system that scans users’ hands to receive payment instead of a physical credit card, cash or phone system. The point of sale terminals would be placed in physical retail stores and would allow customers to forgo carrying physical forms of payment. Instead of a universal approach, Amazon’s system would allow users to scan their hands on a store-by-store basis.…

Cyber Monday tipped to break US ecommerce sales record Falling Black Friday footfall raises concerns for future of weaker chains.  Cyber Monday tipped to break US ecommerce sales record. Cyber Monday is shaping up to be the biggest day ever for US ecommerce sales after fewer shoppers visited bricks and mortar stores on Black Friday, according to initial data that highlight Amazon’s continued disruption of retail. Visitor numbers across the US retail sector on Thanksgiving…

Digital Retail Investments Are Paying Off In Q3 Digital Retail Investments Are Paying Off In Q3. As the year winds down – and holiday shopping picks up – clarity is emerging about which retail investments might pay off in the new decade, and which merchants might be in trouble. Investors this week were disappointed in retail earnings from the likes of Home Depot and Kohl’s, “raising fresh doubts about whether American consumers can keep up…

On June 16, online retail giant Amazon bought the organic, artisanal grocer Whole Foods for a whopping $13.7 billion. Many analysts believe the bid will give Amazon a larger share over food retail and strengthen the company’s existing delivery service. These incentives may both be true, but Annie’s Homegrown President John Foraker thinks the acquisition could also meaningfully address another issue that plagues communities across the US: food deserts. Over 23 million Americans, including 6.5…