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Amazon's strong quarterly results are one more sign that Americans are still shopping, despite months of ominous economic indicators, and could be a positive signal for Walmart and Target, who report next week.
Amazon's strong quarterly results are one more sign that Americans are still shopping, despite months of ominous economic indicators, and could be a positive signal for Walmart and Target, who report next week. The e-commerce giant reported a 4.2% jump in sales on Amazon.com and a 6.4% jump in sales at its physical store operations, which include Amazon Fresh, Whole Foods and Go convenience stores, for the second quarter ended June 30. Walmart and Target, the two biggest retailers in the United States, have set a cautious tone for the rest of the year.
Amazon's strong quarterly results are one more sign that Americans are still shopping, despite months of ominous economic indicators, and could be a positive signal for Walmart and Target, who report next week. The e-commerce giant reported a 4.2% jump in sales on Amazon.com and a 6.4% jump in sales at its physical store operations, which include Amazon Fresh, Whole Foods and Go convenience stores, for the second quarter ended June 30. Walmart and Target, the two biggest retailers in the United States, have set a cautious tone for the rest of the year.
By Siddharth Cavale and Ananya Mariam Rajesh NEW YORK (Reuters) - Amazon's strong quarterly results are one more sign that Americans are still shoppin...
(Reuters) -PepsiCo does not intend to change its product portfolio following a report that artificial sweetener aspartame was set to be declared a possible carcinogen, Chief Financial Officer Hugh Jonston told Reuters on Thursday. Aspartame, will be listed as "possibly carcinogenic to humans" on July 14 for the first time by the International Agency for Research on Cancer (IARC), the World Health Organization's (WHO) cancer research arm, Reuters reported in June. The ingredient is one of the world's most widely used artificial sweeteners, found in products ranging from Coca-Cola's Diet Coke to Mars' Extra sugar-free chewing gum.
Amazon.com hopes to tempt U.S. shoppers on Tuesday to open inflation-thinned wallets by offering deeper discounts on a wide range of goods and services during this year's "Prime Day" 48-hour shopping event, including its first-ever travel discounts. A year of inflation has lifted mortgage rates, rents and food prices for consumers ahead of Prime Day, which falls on July 11-12 this year. CFRA Research analyst Arun Sundaram said Amazon's U.S. Prime Day discounts this year are mostly deeper than in previous years.
By Granth Vanaik and Ananya Mariam Rajesh (Reuters) - Amazon.com hopes to tempt U.S. shoppers on Tuesday to open inflation-thinned wallets by offering...
Amazon Dangles Deeper 'Prime Day' Discounts for Stressed US Shoppers usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Amazon.com hopes to tempt U.S. shoppers on Tuesday to open inflation-thinned wallets by offering deeper discounts on a wide range of goods and services during this year's \
Latest Articles freerepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freerepublic.com Daily Mail and Mail on Sunday newspapers.