An icon in the shape of a lightning bolt. Impact Link Amazon earnings are in, and it's not looking good for the stock. Investors were focused on the company's capex-spending forecast of $200 billion ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Amazon is calling it quits on its Fresh grocery and Amazon ...

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. Subscribe to read this story ad-free Get unlimited ...

Amazon is shutting down all 72 of its Amazon-branded grocery stores, including Amazon Fresh and Amazon Go. According to the company, it will convert some of those locations into Whole Foods ...

AMAZON IS CLOSING ITS BRANDED BRICK AND MORTAR GROCERY STORES. ABOUT 70 OF AMAZON GO AND AMAZON FRESH LOCATIONS IN THE U.S. WILL CLOSE, INCLUDING THREE LOCAL STORES IN ROSEVILLE, CITRUS HEIGHTS AND ...

Amazon is laying off 16,000 employees, the company’s second round of large-scale job reductions in three months as it fights to improve its standing in the battle for AI supremacy. In a blog post ...

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 ...

The closures are part of a move to double down on expanding Whole Foods Market. The closures are part of a move to double down on expanding Whole Foods Market. is a news writer covering all things ...

Amazon is closing all its physical Amazon Fresh and Amazon Go stores, the company announced Tuesday. The Amazon Fresh online delivery service will continue operating, and Amazon plans to expand its ...

NEW YORK -- Amazon said it's closing all of its Amazon Go and Amazon Fresh locations, as the online behemoth focuses on its grocery delivery, Whole Foods Market and a new "supersized" store concept.

Amazon on Tuesday announced plans to shutter its brick-and-mortar Amazon Fresh and Amazon Go stores, including 10 locations in the suburbs. Amazon Fresh grocery stores are in Arlington Heights, ...