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Amazon CEO Andy Jassy was tight-lipped on a possible second Prime Day this fall on CNBC's "Closing Bell Overtime", while saying Amazon's Bedrock platform, CodeWhisperer and custom chips make it a player to be reckoned with in the generative AI arms race.
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week of 7/7/23 |
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OriginBX, a nonprofit organization looking to standardize how detailed product data is shared for tax and trade compliance in cross-border commerce, including ways to ensure ethical sourcing by avoiding goods produced by forced labor, will soon publish version one of its standards. OriginBX’s initial standard will deal with digital sharing of product details in technology and electronics.
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One ultimatum deadline between UPS and the Teamsters union was passed successfully on Friday, raising hopes of a contract settlement, but another one came and went today with prospects somewhat dimmed as the two sides cut off talks. Each party blamed the other for the breakdown, with three weeks left until the July 31 expiration of the current five-year agreement and pay the main sticking point.
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Alex and Ani, once popular for its expanded charm bracelets and a smaller competitor of the global Pandora chain with its lab-grown diamonds, is closing stores and its Rhode Island headquarters as it assesses the state of its business in a challenging post-pandemic environment. The company, which filed for bankruptcy court protection in 2021, will close 20 locations, leaving seven open.
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Sustainable ecommerce has moved from being a checkbox approach to a competitive differentiator driving global growth. In today's economic landscape, most retail and ecommerce companies realize that sustainable practices are not only the right thing to do but essential to their success. But it needs to go beyond the bottom line.
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| See open jobs for ecommerce, marketing, and fulfillment operations |
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