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Bidding for Amazon

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Amazon is looking for a location for its new headquarters, and the courting is well underway.

Right now cities all over the country are hoping to win over the online retailer which along with a new headquarters is promising to bring 50,000 new jobs and a $5 billion investment. And some cities are going all out.

Frisco, Texas a city of just over 160,000 people is pledging to center its entire city around the new headquarters. Philadelphia is pledging the use of three different sites which would collectively span 28 million square feet. Cities including Dallas and Phoenix are offering the company complete use of vacated shopping malls.  read more »

A New Ticketmaster

The world's largest online retailer could soon become your primary source of entertainment.

According to Reuters, four sources have confirmed that Amazon might be making a power play against Ticketmaster. Right now Ticketmaster, currently owned by Live Nation is the country's leader when it comes to selling tickets for a variety of events. Now Amazon is eyeing a window that would allow the Seattle based company to get a foot in the door.  read more »

At Home Speakers

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Do you have an at home assistant who isn't carrying its weight? Turns out you might be the problem.

According to a recent survey the majority of people who own a smart speaker or virtual assistant such as Amazon's Alexa or Google Home only use it for weather reports and playing music. 40% of people surveyed said they bought the gadget to schedule calendar activities and make online purchases but only 14% of them actually do. And that number is costing companies.  read more »

Amazon and Whole Foods

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Amazon is getting into the grocery business and your next shopping list could be a lot more high tech.

The online retail giant Amazon has announced its intention to buy the health food chain Whole Foods for $13.7 billion. Now, you can imagine a world where a drone delivers your organic sugar so you can whip up some treats for your child's class or provide you with all the ingredients you need for dinner while Alexa reads you the recipe.  read more »

The Amazon of Stocks

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Amazon, the incredible company that is upending traditional retail and driving consumers from malls to laptops, first sold shares to the public 20 years ago this week. And its stock price just hit yet another all-time high, giving me a new low in my ability to win on Wall Street. To help drive my fragile ego even lower, some analysts are predicting another 20% upside this engine of growth.

I’ve missed my fair share of winners on Wall Street, but this one is especially painful. Had I invested $1.00 in Amazon right after its Initial Public Offering in 1997 it would be worth $500.00 today, a huge return on a modest investment. Sure, we all have our stories of opportunities lost. But this one is personal. Here’s why.  read more »

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Amazon's Holiday Sales

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It looks like Santa might not have been the only one working hard this holiday season.

Amazon says that 2016 was its best season yet with more than one billion packages shipped worldwide. The company says that most of those orders came from mobile devices and its busiest day was December 19th, the Monday before Christmas. In addition to that, Amazon prime customers, spent twice as much as other customers on Amazon because they're able to take advantage of the free two day shipping.

Besides helping to deliver gifts across the globe, it was also a big year for Amazon products. The company's voice activated assistant Alexa, both in the large and small form were top sellers. Amazon says they don't have final numbers yet but they sold around nine times more than last year.  read more »

An Alcohol Fueled Comeback

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Barnes and noble is looking to make a comeback, and it's using a little liquid courage.

The bookstore Barnes and Noble has had a bit of trouble competing with online retailers such as Amazon but it has a new plan to win back customers, booze! The retailer has opened four new concept stores that will have an expanded food menu and serve beer and wine. The first to open was the store in Eastchester New York, followed by Minnesota, Folsom, California and one in Virginia.

Company executives say they are also looking at expanding the sale of toys, gifts and vinyl records. They say they are focusing on making someone's trip to Barnes and Noble an actual experience, something you can't get while shopping online.  read more »

Amazon's Empire

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Amazon is speeding up your next trip to the grocery store by taking away the checkout line.

Amazon, the world's largest online retailer is opening up a corner store where people can come in, pick up what they need and walk right back out again. Instead of waiting in line to pay their purchases will be automatically billed to their Amazon Prime account. As they shop tiny sensors will record what they pick up and take to tally up what they owe.

The first store is set to open in Seattle early next year and there is word that the company will expand that to 2,000 of the stores across the country. The store will be about 1,800 square feet and will feature most common food staples.  read more »

Replenishment Project

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Turns out the promise wasn't an empty one, Amazon is now ready to restock your home.

It's been nearly ten months since Amazon announced effortless in-home shopping. Basically that means when connected items around your house such as dishwashers and coffee makers are running low they will automatically order you extra supplies. Since then Amazon has announced more companies that were jumping on the bandwagon but not when it would happen; until now.  read more »

Company Names

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They're some of the biggest companies in the business world, but how did they pick a name we will never forget?

Because of their success company names such as Lego and Ikea are very familiar to us. But how did they choose a name that would resonate with consumers? To find out how CEO's determine what will go on their letter heads, Business Insider tracked down the thinking behind some of the biggest names we know.  read more »