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Amazon Lowers Q4 Outlook, Misses Q3 Revenue Estimate

| Mike O'Brien

Amazon reported third quarter revenue under estimates and provided a lowered fourth quarter outlook on Thursday, causing yet more jitters on Wall Street and in the industry as retail swings into the home stretch of the peak holiday season, and sending shares down 20% after hours.

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Amazon Aggregators See Deal Flow Dip in Q1

| Mike O'Brien

Amazon aggregators have seen massive investment and deal flow since 2020, but the activity has been slowing as the valuations of top sellers has increased, according to a report on M&A activity in the sector from investment banking firm Capstone Partners. There were just 30 acquisitions of major FBA brands in Q1 vs. 159 in all of 2021.

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Amazon Reports $3.8B Loss, Looks at Rocky Near Term

| Mike O'Brien

Amazon’s vaunted flywheel has hit a bit of a snag. But given the company’s superpower ability to continually evolve and innovate, and the general trajectory of double-digit ecommerce growth, it may end up looking like a speed bump in hindsight.

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Former Amazon Exec: Bets a Critical Component of Innovation

| Ian McRae

A former Amazon executive shared insights and tactics for retailers looking to innovate and reduce friction to deliver a better customer experience with a diverse group of executives gathered recently at Ecommerce Operations Technology Summit 2022 in Orlando. 

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Amazon Union Battles Sees Objections Flying on Both Sides

| Mike O'Brien

Amazon is challenging a union vote at a distribution center in Staten Island, NY, saying it should be thrown out due to illegal coercion on the part of the union, while the labor group is accusing the retail giant of sour grapes over an election it won. Union and employer are also locked in a dispute over an election in Bessemer, AL.

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Amazon Acquisition of Welsh Startup Veeqo Out of Stealth

| Mike O'Brien

Amazon continues to expand its ecommerce service offerings through acquisition, the latest example being Veeqo, a UK-based startup that provides inventory and order fulfillment tools for sellers on a variety of platforms including Shopify and eBay in addition to Amazon. The deal closed in November but was just revealed.

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Amazon Shutting Down Bookstores, Pop-Ups

| Mike O'Brien

Amazon revealed its plans to close all 68 of its bookstores, pop-ups and shops selling items like toys and home goods in the United States and the United Kingdom, the retail and ecommerce giant told Reuters, to concentrate more on its grocery business and a coming department store concept.

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Union Accuses Amazon of Vote Interference

| Mike O'Brien

The union seeking to organize Amazon fulfillment center workers in Bessemer, AL, has filed another complaint alleging the company is not acting in good faith by interfering in the revote process, forcing employees to attend anti-union meetings and tearing down pro-union signs.

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State Lawmakers Can’t Let Amazon Buy Virginia

| Jason Boyce

Amazon recently and curiously reversed its longstanding opposition to federal consumer protection legislation that aims to reduce counterfeit items on ecommerce platforms. Despite this, Amazon has made it clear it opposes similar state measures and has stepped up lobbying efforts across the country to kill these bills.