![]() The only alternative is to "archive" an order, which is Amazon's way of allowing you to hide an order from your main order history. Currently, there is no way to truly delete an order you've placed through Amazon from your purchase history. Analysts are projecting earnings of 35 cents per share on sales of $132 billion.The short answer is that you can't completely delete an order from your history. The company disputes the allegations and will be making its case in hearings scheduled to run into the fall.Īmazon is scheduled Thursday to report results for the period ending June 30. State officials have alleged Amazon facilities are hazardous to workers who endure long shifts, mandatory overtime and fast-paced work that puts unsustainable strain on their bodies. “Amazon has got some work to do in convincing people this will be beneficial to the bottom line because investors will be a little bit spooked by it,” Saunders said.Īmazon’s focus on delivery speed coincides with a trial in its home state of Washington focused on injuries at its warehouses. Others will worry about the upfront costs since the facilities are expensive to build and require a lot of automation, prompting concerns about how long it will take the savings to offset the investment, he said. Some will be encouraged that Amazon can increase sales, make online shopping more convenient and its operations more efficient. Traditional retailers like Walmart have an advantage because their stores double as pickup locations.Īmazon’s investment in same-day delivery will likely get a mixed reaction from investors, said Neil Saunders, an analyst at Globaldata Plc. But investors are increasingly concerned about the margin-eating costs of packing orders and ferrying them to customers’ homes. “Amazon selection varies by city, as we regularly update our product offering based on what we’re seeing as top customer items purchased or based on seasonal demand in the area.”įast delivery of online orders helped Amazon become the market leader in the US, capturing more than one-third of all spending, or about six times more than its closest competitor Walmart Inc., according to estimates by Insider Intelligence. “These hybrid facilities allow us to fulfill, sort and deliver all from one site, making the entire process of delivering customer packages even faster,” Amazon’s Worldwide Stores chief Doug Herrington said in the announcement. ![]() Same-day facilities are smaller and closer to major population centers than Amazon’s bigger warehouses, which are located near highways on the outskirts of big cities. Amazon currently has millions of products available for same-day delivery in 90 metropolitan areas in the US. The Seattle-based giant didn’t disclose how many same-day warehouses it currently has, but doubling the number would probably entail building dozens of new facilities. ![]() Online sales growth has slowed from its breakneck pace during the pandemic, and Amazon has become increasingly reliant for profit on its cloud-computing business, which also has been slowing. ![]() The chest-thumping comes days before Amazon is scheduled to report second-quarter financial results and suggests executives are keen to shore up investor faith in the money-losing e-commerce business. ![]()
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