The e-commerce site is 20 years old this week. So what influence has it really had on the retail and internet industries?It was originally billed as “Earth’s Biggest Bookstore” and featured over one million titles. Twenty years later it boasts over 270m active accounts and claims to have more than 2m third-party vendors selling millions of products through the marketplace platform. In that time it has been both lauded and vilified, most recently over corporation tax and staff working conditions but Amazon is quite clearly one of the biggest success stories of online commerce. So what has been its lasting impact? Can it maintain this growth or have we seen the best of it?Amazon was born in July 1994, with the online site launching as Amazon.com a year later. In 1995, Bill Gates, founder and CEO at Microsoft, reportedly paid The Rolling Stones $3m (£1.9m) for the rights to use Start Me Up to launch Windows 95. It was also the year eBay launched as AuctionWeb (a bit later in September) and there were, according to IDC, 16m global internet users compared with over three billion today. Related: Has Net-a-Porter found the holy grail of 21st-century fashion? Related: To avoid Blockbuster's fate, your business needs a chief futures officer Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2015-07-14 00:00:00 UTC ]
News tagged with:
#corporation tax
#lasting impact
#bill gates
#reportedly paid
#holy grail
The e-commerce site is 20 years old this week. So what influence has it really had on the retail and internet industries?It was originally billed as “Earth’s Biggest Bookstore” and featured over one million titles. Twenty years later it boasts over 270m active accounts and claims to have more... Continue reading at The Guardian
[ The Guardian | 2015-07-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#corporation tax
#lasting impact
#bill gates
#reportedly paid
#holy grail
Amazon is children's favourite online retailer, statistics from kids marketing platform SuperAwesome have revealed, with 54% of girls and 47% of boys, aged between 7 and 9 years old favouring the online giant. Continue reading at The Bookseller
[ The Bookseller | 2016-09-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#online giant
Amazon Anonymous campaigners hand-deliver giant Christmas card to online retailer’s UK headquarters and call for company to pay workers a living wageDisenchanted shoppers have taken over £5m worth of business away from Amazon this Christmas in protest at the internet retailer’s business... Continue reading at The Guardian
[ The Guardian | 2014-12-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#internet retailer
#uk headquarters
#pay workers
#5m worth
#living wage
#holiday season
More than half of Britain’s online retail spend goes to Amazon, working out at £70... Continue reading at The Bookseller
[ The Bookseller | 2014-04-22 00:00:00 UTC ]
More news stories like this |
The leaves are amassing, the skeletons are out, and enormous bags of candy fill the grocery store aisles and threaten to spill their chocolates right into your mouth, through absolutely no fault of your own. Yep, it’s officially spooky season. But if you still need some help getting into the... Continue reading at Literrary Hub
[ Literrary Hub | 2023-10-23 16:13:33 UTC ]
More news stories like this | News stories tagged with:
#free online
#short stories
Amazon's cost-cutting efforts led to higher earnings in the first quarter, but its online revenue was flat compared to the first quarter of 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-28 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#flat compared
Gloucester-based bookseller bought by the retail giant in 2011 will shut at the end of AprilThe online shop Book Depository is due to close at the end of April, vendors and publishing partners have been told. This comes after the bookseller’s parent company Amazon announced it had decided to... Continue reading at The Guardian
[ The Guardian | 2023-04-04 11:07:43 UTC ]
More news stories like this | News stories tagged with:
#retail giant
#wide variety
#focusing solely
#uk book
#publishing industry
#publishing partners
#bookseller
#book depository
Revenue rose at Amazon in 2022 over 2021, but profits declined, with sales in the company's online business falling for the fourth time in five quarters. The company plans to cut 18,000 jobs worldwide. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-03 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#company plans
#fourth time
A new study backed by the ABA found that the movement of dollars to Amazon and away from retailers displaced 136,000 shops, occupying 1.1 billion square feet of traditional commercial space in 2021. A further 1.7 million retail jobs were displaced. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-11-04 05:00:00 UTC ]
More news stories like this |
Kindle e-readers are already on sale for Prime Day, but the offer just got sweeter if you're looking to buy more than one. Amazon is offering an additional $20 off if you buy two of the latest Kindle Paperwhite or Kindle Oasis devices, including variants like the Kids models. You can get a... Continue reading at Engadget
[ Engadget | 2022-10-12 13:30:31 UTC ]
More news stories like this | News stories tagged with:
#good reason
#wireless charging
#higher-end model
#grabbing books
#pen support
#2-inch display
#base model
#@engadgetdeals
#kindle
Sales in Amazon's online business fell 4% in the second quarter ended June 30, 2022, to $50.8 billion. Analysts attributed the decline to more people shopping in physical stores as well as an overall slowdown in consumer spending. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-29 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#physical stores
#consumer spending
Amazon’s online sales fell 1% in the fourth quarter ended December 31, 2021, compared to record highs in the fourth quarter of 2020. Operating income for the entire company dropped 50% in the quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-04 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#fourth quarter
#record highs
#operating income
Online children’s retailer Books2Door has donated more than 1,000 books to child refugees from Afghanistan who have recently arrived in Leicester. Continue reading at The Bookseller
[ The Bookseller | 2021-12-16 22:39:43 UTC ]
More news stories like this | News stories tagged with:
#online children
#recently arrived
Cameron Janes, an Amazon veteran who has overseen Prime Video, retail and Kindle ventures left the company earlier this week. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2021-11-24 22:24:32 UTC ]
More news stories like this | News stories tagged with:
#kindle
Booktopia co-founder and c.e.o. Tony Nash, who will be interviewed as part of this year’s FutureBook Conference, discusses how he spotted a gap in the online retail marketplace, and helped Australian publishers resist Amazon. Continue reading at The Bookseller
[ The Bookseller | 2021-11-08 10:37:03 UTC ]
More news stories like this | News stories tagged with:
#defy amazon
#futurebook conference
Bricks-and-mortar booksellers curate books for you. Online, the decisions are more arbitrary. Continue reading at The Washington Post
[ The Washington Post | 2021-04-22 10:00:00 UTC ]
More news stories like this | News stories tagged with:
#book censorship
Despite ample inventory available on other retail media platforms, brands still mostly turn to Walmart and Amazon. The post ‘The big guys are winning’: Digital media budgets prioritize Walmart, Amazon despite a glut of retail media inventory appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2021-03-23 04:01:00 UTC ]
More news stories like this | News stories tagged with:
#digital media
Retail website Bookshop.org has made more than £1m in profit for indie bookshops, hitting the milestone just four months after its UK launch. Continue reading at The Bookseller
[ The Bookseller | 2021-02-28 21:26:00 UTC ]
More news stories like this | News stories tagged with:
#indie bookshops
Chancellor Rishi Sunak will offer shops in England grants of up to £6,000 to help them start trading again in this week's Budget and may also be planning a tax on online retail. Continue reading at The Bookseller
[ The Bookseller | 2021-02-28 15:29:53 UTC ]
More news stories like this | News stories tagged with:
#start trading
#online retail