e-commerce

Economy

Amazon may have met its match in the grocery aisles

2:43pm August 02, 2023

by Danielle Kaye

Amazon laid off workers at its brick-and-mortar grocery stores last week — the latest sign of the e-commerce giant's struggles to stand out in the competitive grocery landscape.

A Chinese national flag flutters in front of the People's Bank of China, the country's central bank, in Beijing. The bank plans to launch a cryptocurrency.

World News

Facebook's Digital Money Plan Raises Stakes For China's Cryptocurrency Ambitions

8:46am July 31, 2019

by Emily Feng

Facebook's plans for a new digital currency have sent Chinese monetary officials scrambling. Since 2014, China's central bank has been looking into launching a cryptocurrency too.

Walmart customers will be able to place an order by simply saying it out loud, using either the voice-activated speaker Google Home (left) or the Google Assistant app.

Economy

Walmart, Google Join Forces In Online Fight Against Amazon

2:14pm August 23, 2017

by Scott Neuman

The world's largest retailer will hawk its products on Google Express for the first time, in a play to get a bigger chunk of the growing voice-enabled shopping market currently dominated by Amazon.

Analysts say that the experience of shopping at Whole Foods might change in the near future now that the retailer is being bought by Amazon.

Economy

After The Amazon Deal: What Will Shopping At Whole Foods Feel Like?

8:00am June 17, 2017

by Allison Aubrey

Analysts say Amazon's acquisition of Whole Foods could hasten the growth of online grocery shopping. So, where does this leave brick-and-mortar stores? The store of the future may look very different.

Online sales are growing by about 15 percent each year, but states say they're not getting their fair share of taxes from e-commerce.

Massachusetts Tries Something New To Claim Taxes From Online Sales

6:33pm June 02, 2017

by Asma Khalid

States have long argued that they are losing millions of dollars in uncollected taxes from online sales. Massachusetts is now trying a very Internet answer to this Internet problem.

Queue Listen Now

Amazon To Open Convenience Store With No Lines

5:59pm December 06, 2016

by Merrit Kennedy

Instead, the company envisions customers at the store picking up whatever they want off the shelves — then simply walking out with it. The items are automatically billed to their Amazon accounts.

Shoppers walk out of Uniqlo on 5th Ave. in New York City on Black Friday, Nov. 27.

Brick-And-Mortar Stores Go Further To Get You In The Door

3:03pm December 27, 2015

While online shopping grows, traditional retailers are amping up their in-store experiences to draw in customers. But online stores are realizing they have something to gain from physical stores too.

Etsy's IPO paperwork is full of numbers and facts — plus a few pages like this.

Mass-Market Stocks In Handcrafted Goods: Etsy Preps To Go Public

11:21pm April 12, 2015

by Camila Domonoske

The e-commerce site, which focuses on quirky, handmade goods, has filed for an IPO. The paperwork reveals a plan to focus more on manufacturing and marketing — but not much suggestion of big profits.