Despite massive blood-letting in the cryptocurrency markets over the past few weeks, the pace of brands just announcing some kind of ambiguous “blockchain” venture in hopes they can send their stock prices skyrocketing has barely slowed down. Photo company Kodak is now selling crypto miners, while other bit players…
One of the major advantages of capitalism is the constant, nagging impulse to buy stuff. And lucky for you spendy Americans out there, Amazon is leveraging its purchase of Whole Foods once again, making it easier than ever to purchase things impulsively. You’ll soon be able to buy Amazon products in Whole Foods…
Amazon’s first Amazon Go, a kind of grocery store without cashiers or a checkout line, will open to the public in Seattle on Monday in the first stage of an experiment that could usher in a new era of shopping.
Brick-and-mortar retail had a really bad year, with thousands of major chains shutting down stores. But Amazon, the company that many people blame for the retail apocalypse has been more eager than ever to build up its retail presence. As the world nervously awaits Jeff Bezos’ next big move, a prominent analyst…
In early December, pharmacy chain CVS decided to move big time into the insurance market by purchasing Aetna for $69 billion—a move clearly motivated by Amazon, which was preparing to scale up its pharmaceuticals division. With the e-commerce giant possibly on track to be worth a trillion dollars by next year,…
Valve’s Steam, the digital distribution platform which enjoys near-monopolistic control of the entire PC gaming industry, has stopped accepting bitcoins as a form of payment due to the currency’s volatility and increasingly unacceptable processing fees.
Jeff Bezos, Amazon CEO, Washington Post owner, and Blue Origin founder, had a pretty good Thanksgiving this year per Bloomberg, which estimated this week that Black Friday sales on Amazon had put him over the $100 billion personal wealth mark.
Retail giant Amazon plans to give children aged 13-17 the ability to log into their own accounts under parental supervision, CNN Money reported on Tuesday.
Ikea recently announced that it would be selling more stuff online through third parties, like Amazon. But actually, you’ve been able to buy Ikea products on non-Ikea websites for quite a while. The concept seems appealing, too. Who wouldn’t want to buy cheap Ikea stuff without confronting the Saturday-destroying task…
The future is not completely unpredictable. Many of the most powerful economic and political trends in this country can be found inside an Amazon warehouse. And what happens to the workers there will say a lot about our collective future.
If you’ve always dreamt of a trained Best Buy employee entering your home and telling you which electronic products you need, you are in luck, my friend. Starting this fall, you can beckon a Best Buy salesperson to your house, where they’ll try to sell you Best Buy products at no extra cost. Wish granted!
In the 15 years I worked at Toys “R” Us, I sometimes leaked information about video game sales and posted them on message boards. I even took games home early to try them and then post impressions, which was very much against the rules. I did this because I’ve always been excited about video games and because,…
If you go to department stores in Japan you’ll sometimes be greeted by a friendly robot. Maybe one that looks like this:
I opened up my copy of The Legend of Zelda: Twilight Princess HD yesterday and aside from the game disc it was depressingly empty, which describes exactly how I feel every time I pick up tellingly lightweight retail game. I miss instruction booklets something fierce.
Circuit City died an ignominious death at the hands of online retail and poor management back in 2009. But this summer, much like Jurassic Park and Star Wars, it’s apparently time for a reboot.
I’m not saying you don’t like your gifts. But here are the return policies at many major retailers in the US, just in case, no reason, whatever.
Wal-Mart is joining the mobile payment movement. But instead of embracing existing Android and Apple systems, you’ll have to use the store’s own app if you want to purchase your stuff without taking your wallet out.
You’ve heard of Black Friday, the darkest day for American capitalism; Cyber Monday, where everyone gets out their latent shopping aggression online; now there’s even Grey Thursday, as retailers open on Thanksgiving Eve to get an edge on the competition. But, friends, have you heard of Brown Friday?
Since 2013, rumors have circulated about Google opening a retail store in New York City. Now, Crain’s New York Business reports that the space leased—and spent $6 million renovating—is back on the market.