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Walmart revenue hits $141B in 2Q

Walmart revenue hits $141B in 2Q
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Walmart executive sets exit

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Walmart executive sets exit
E-commerce leader taking top job at Texas retailer Conn’s
by
Serenah McKay
|
Today at 2:05 a.m.
This undated file photo shows Walmart's sign in front of its Bentonville headquarters.
Walmart Inc.'s head of U.S. e-commerce is leaving the company to lead Conn's, the Texas specialty retailer said in news release Wednesday.
Chandra Holt, executive vice president of Walmart U.S. e-commerce, starts her new job as president and chief executive officer at Conn's Inc. on Monday.
Holt joined Walmart.com in 2020 as its chief merchandising and integration officer. In that position, she oversaw the integration of Walmart's stores and e-commerce merchandising division.

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Amazon's Pandemic Bump Fades as Vaccinated Shoppers V...

The world’s biggest e-commerce retailer on Thursday reported sales and gave a forecast that fell short of expectations. Shares declined about 7% in extended trading after the results were released. It marked the first time Amazon had missed quarterly sales estimates since 2018.The Seattle-based company invested billions to operate through the pandemic while minimizing the spread of Covid-19 through its facilities and hiring hundreds of thousands of workers to meet crushing demand. New Chief Executive Officer Andy Jassy, who took the helm from founder Jeff Bezos on July 5, has to convince investors that Amazon continues to be a good long-term bet even though revenue growth is slowing and the company faces heightened scrutiny from regulators in the U.S. and Europe, its biggest markets.

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Auge pandémico de Amazon se desvanece con compradores vacunados

Auge pandémico de Amazon se desvanece con compradores vacunados
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Amazon pandemic bump fades as vaccinated shoppers leave home

Amazon pandemic bump fades as vaccinated shoppers leave home
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Amazon sales growth slows in tame start to Jassy's tenure as CEO

5 Min Read
(Reuters) -Amazon.com Inc on Thursday said sales growth would slow in the next few quarters as customers venture more outside the home, a tepid start to CEO Andy Jassy’s reign after 27 years with Jeff Bezos at the retailer’s helm.
Spending growth by Prime members, Amazon.com’s most valuable customers, has eased as well, the company said. Shares fell 7% in after-hours trade.
More than a year into the COVID-19 pandemic, Amazon’s financial luster is fading slightly. When brick-and-mortar stores closed, Amazon posted record profits, drew more than 200 million Prime loyalty subscribers, and recruited over 500,000 workers to keep up with surging demand.

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Amazon sales growth slows in tame start to Jassy's tenure as CEO - Netscape Money & Business

Amazon sales growth slows in tame start to Jassy's tenure as CEO
By Jeffrey Dastin and Nivedita Balu
Reuters
(Reuters) -Amazon.com Inc on Thursday said sales growth would slow in the next few quarters as customers venture more outside the home, a tepid start to CEO Andy Jassy's reign after 27 years with Jeff Bezos at the retailer's helm.
Spending growth by Prime members, Amazon.com's most valuable customers, has eased as well, the company said. Shares fell 7% in after-hours trade.
More than a year into the COVID-19 pandemic, Amazon's financial luster is fading slightly. When brick-and-mortar stores closed, Amazon posted record profits, drew more than 200 million Prime loyalty subscribers, and recruited over 500,000 workers to keep up with surging demand.

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Amazon's pandemic bump fades as vaccinated shoppers venture out

Amazonâs pandemic bump fades as vaccinated shoppers venture out
4 min.
30.07.2021
Online rush slows down as consumers turn away from computers and revert to old shopping habits
Online rush slows down as consumers turn away from computers and revert to old shopping habits
Amazon boxes at a warehouse in Germany
Photo credit: dpa
Amazon.com emerged as the essential store for homebound shoppers during the coronavirus pandemic, propelling its sales and profits to new highs. Now, the rush online is slowing down as vaccinated consumers peel away from computers and smartphones and revert to old habits like traveling and dining out.

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Amazon releases first quarterly report under new CEO Andy Jassy

Amazon releases first quarterly report under new CEO Andy Jassy
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COVID-19: Shopping shift spells bad news for Amazon

COVID-19: Shopping shift spells bad news for Amazon
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