The Texas-based company reported a same-store sales decline of 13.7 percent and a net sales decrease of 19.5 percent to $412.5 million in its fourth quarter of fiscal 2019.
The expanded office in Manhattan will create 127 high-paying jobs over the next five years.
Wenig called out competitors for "unnaturally bundling services," in an apparent jab at Amazon Prime.
The annual list taps leaders and notable figures from across the public spectrum, including business, politics, sports and the arts.
Toothpaste delivered in two days is convenient, but not so great for the environment.
Researchers found that unfamiliar products dominated search results for popular technology and often included hundreds of unverified reviews
Companies have announced 5,994 store closures through this month against just 2,641 store openings.
Jumia, Africa’s largest e-commerce company, made history on Friday as the first African tech startup to list on the New York Stock Exchange.
Like most tech companies -- and frankly, most of us humans -- it took a mistake for Shopify to learn how to grow at a massive scale.
In the letter, Bezos argued that third-party sellers “do so much better selling on Amazon than they did on eBay.”
Amazon raised its minimum wage to $15 per hour in October, but came under fire for phasing out some bonuses and stock awards.
According to the Siena Research Institute, 57 percent of voters think it was bad for the state that Amazon reneged on its deal.
Ariana Jalia has published two children's books and runs a succesful online business.
The move is a challenge to industry giants like SpaceX and OneWeb.
Less than two months into the year, he was riddled by a divorce, accusations of blackmail and extortion and the collapse of a $3 billion deal to build a second Amazon headquarters in New York City.
Under the 54-year-old’s leadership, Amazon has expanded beyond traditional retail to build an e-commerce juggernaut.
Signet Jewelers also closed 262 stores in fiscal 2019 as part of a strategy that includes an increased focus on e-commerce.
A look at entry-level jobs that offer pay well above the federal minimum wage.
CVS Health is expanding same-day prescription deliveries nationwide in the latest push by drugstores to keep customers who don't want to wait and are doing more shopping online.
For full fiscal year 2018, GameStop reported a global sales decline of 3% and a net income loss of $673 million.