Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Amazon, despite e-commerce dominance, holds only 3% of the ...

Amazon is closing its branded brick-and-mortar grocery stores, with the company consolidating its physical strategy under the Whole Foods name. The closures, which affect its Amazon Fresh and Amazon ...

Amazon plans to close its Fresh supermarkets and Go convenience marts, and convert some locations into Whole Foods stores. It marks the latest pivot in Amazon's nearly two-decade effort to grab a ...

The Amazon Fresh store on Aurora Avenue in Seattle, shown before it opened in 2021, is among the locations set to close as part of the company’s shift away from Amazon-branded grocery stores.

Amazon (AMZN) stock moved 1.6% higher after the company announced plans to close its Amazon Fresh and Amazon Go stores to focus on delivery services and expanding Whole Foods, which Amazon acquired in ...

Amazon.com is closing all of its Amazon Go and Amazon Fresh physical stores in a shift to focus on its online same-day delivery service and expand its Whole Foods Market business. The e-commerce giant ...

Amazon is closing 72 of its Amazon Fresh and Amazon Go stores, converting some into Whole Foods Markets. Amazon announced on Tuesday, Jan. 27, that it will close 57 Amazon Fresh and 15 Amazon Go ...

The e-commerce giant has been cutting costs while pouring resources into building data centers to compete in the race to dominate artificial intelligence. By Karen Weise Reporting from Seattle Though ...

Amazon sent a notice out to staffers in an apparent error acknowledging "organizational changes" in its cloud unit, according to an email viewed by CNBC. The company ...

This is read by an automated voice. Please report any issues or inconsistencies here. Amazon is laying off another 16,000 employees and closing all of its Amazon Fresh and Amazon Go locations. The ...

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. "The reductions we are making today will impact ...

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