FOR years, online retailers in America have enjoyed an unfair advantage over their bricks-and-mortar competitors. Unless they were physically located in the same state as a shopper, they were not obliged to collect state and local sales taxes. Shoppers were still legally required to pay taxes on their online purchases, but not everyone did in […]
Jeff dispenses more disruption FOR roughly a year speculation has been feverish: would Amazon, an online retail giant, muscle into America’s prescription-drugs market? On June 28th that uncertainty ended when it bought a small online pharmacy, PillPack, based in Manchester, New Hampshire, for about $1bn. When the deal is completed later this year, Amazon will […]
Make a few changes, and reach a big new market–many of whom already bought the product once.
Apple makes roughly as much money every day as 2,500 average U.S. households make in a year.
The Pony Express, British style IT MAY be hard to imagine a world without cheap postal services, but 200 years ago sending mail was a luxury. Posting a letter from London to Edinburgh cost an average daily wage. In 1840, after a proposal by Rowland Hill, an inventor, Britain launched the Penny Post, the world’s […]
Among other things: “There are parts of it that make me cringe a little bit.”
Amazon is a raging success. But the company (and Jeff Bezos himself) has helped the small business market, not hindered it. The real threat? Companies likeWalmart and Target see the writing on the wall.
The e-commerce company is looking to grow its financial services arm.
Amazon’s HQ2 RFP is down to 20 cities, and some want those finalists to work together to ensure the online retail giant doesn’t get any tax breaks.
Why is this city still in the running?