✔️#Profit took a nosedive as Amazon realized a loss of $3.8B, largely driven by a $7.6B loss on Rivian and an incremental $2B in incremental costs due to inflation and overstaffing / productivity. Netrevenue growth was lackluster at 7.3%, the second straight quarter...
This article was originally published in Chain Drug Review. Congratulations, you made it! 2021 was a year of transformation for both brands and retailers. Massive supply chain disruptions forced us to pivot when products ran out-of-stock. Retailers rushed to...
Courtesy of Lisa Heins, Executive & Management Recruiter in the Amazon, Retail Media and Omnichannel space. Owner of Talent Concierge To my clients in the Pureplay, Retail Media and Omnichannel space. Hold onto your hats and synch up with your finance leader! It’s...
*SUMMARY*: Amazon spent the last two years building infrastructure to support growth, and it’s now hitting their financials. However, it also means they’re prepared – with capacity, labor, and infrastructure – to compete in this next wave of...
Recently, I was honored by being selected by ReThink Retail as a retail expert and top influencer in 2022. ReThink Retail recognizes influencers for their activity within the online retail community who frequently comment on retail trends or news stories, share...
Amazon released their Q3 2021 earnings on October 28, 2021. Here are a few takeaways on the eCommerce giant’s financial results and go-forward strategy: Amazon’s massive logistics spending created a big miss on profits. They cited about $2B in incremental...
