KHD Buzz – Amazon Prime Day AND Jeff Bezos Last Day Announced, Unemployment Hits 14 Month Low and More
Amazon Prime Day Announced for June 21/22 2021
As had been predicted by many retail industry insiders, Amazon Prime Day – or should that be days? – has been announced for June 21 and June 22, 2021. The Prime Day will be the last of the Bezos era (see below) and open to more third party marketplace sellers than ever before. Read More.
Andy Jassy to Assume Amazon CEO Role on July 5th
Just after the July 4th festivities end so will the Jeff Bezos era at Amazon, as new CEO Andy Jassy’s official start date has been announced for July 5, 2021. Read More
D.C. Attorney General Sues Amazon for Price Fixing
Attorney General Karl Racine of the District of Columbia filed a lawsuit against Amazon last Tuesday, alleging that the e-commerce behemoth is stifling competition by fixing prices on its online marketplace, escalating the tech behemoth’s legal woes in the United States. Read More
Unemployment in the US Hits 14 Month Low
Last week, the number of Americans filing new unemployment claims fell more than expected, as layoffs dwindled and businesses scrambled for workers to meet surging demand unleashed by a rapidly reopening economy. Read More
Walmart Lifting More Pandemic Restrictions
For the first time in over a year Walmart is increasing their opening hours and decreasing their store capacity limits. While stores will not make a return to the 24/7 opening hours of the past just yet, most will now begin opening at 6am. Read More.