The U.K. watchdog responsible for regulating the trading relationship between retailers and suppliers has warned Amazon (AMZN) it could face an investigation unless it improves its compliance with the Groceries Supply Code of Practice.
A new media rights deal for the National Basketball Association (NBA) is nearing the finish line and could be a slam dunk for fans and the new partners.
Compared to the overall market, the retail sector has been underperforming recently. While the S&P 500 as a whole is up by 26.78% since the beginning of the year, retail companies in the S&P 500 only achieved a relatively small 2.09% year-to-date return.
We have narrowed our search to five Internet Commerce stocks. These stocks are: AMZN, GRPN, CHWY, CVNA, W.
Amazon.com Inc (NASDAQ:AMZN) said it is “very disappointed” by the result of the Grocery Code Adjudicator's latest survey, which showed that less than half of polled suppliers believe they are treated fairly by the US e-commerce giant. The GCA threatened Amazon with a formal investigation after only 47% of suppliers to Amazon believed that it consistently or mostly complies with the Groceries Supply Code of Practice.
Amazon.com Inc AMZN showcased its generative AI (GenAI) prowess at the AWS NYC Summit on Wednesday, captivating attendees.
A British regulator wants Amazon to improve its relations with grocery suppliers. The Groceries Code Adjudicator (GCA) said Thursday (July 11) that it could open an investigation if the tech giant doesn't turn things around.
The previous 30 days brought a favorable gain to Amazon's (NASDAQ: AMZN) stock as it tested the long-awaited $200 threshold. Wall Street analysts are optimistic about this e-commerce giant's expanding prospect and its involvement in the ongoing artificial intelligence (AI) revolution.
Rajakumari Chouta of Fremont got the news this past November that she would be laid off in January from her software developer job at Amazon in San Francisco, so she began applying for new positions internally.
Britain's Grocery Code Adjudicator has threatened Amazon.com Inc (NASDAQ:AMZN) with a formal investigation over breaches of the Groceries Supply Code of Practice (GSCOP). GSCOP, a regulatory framework designed to ensure fair treatment of suppliers by large grocery retailers, was established to address concerns about the balance of power between large supermarkets and their suppliers.
Some thin trading activity could be ahead for the broader markets but don't count out the red-hot momentum plays, many of which could continue to inch closer to a breakout. Of course, July isn't exactly the most action-packed month for stocks, especially as many investors, traders and other market participants look to take some much-needed time off while it's hot.
Since I wrote about Amazon's (NASDAQ: AMZN ) $190 breakout, the stock has failed to breach the $200 territory. My original thesis cited the “Prime Day” effect where Amazon stock historically did well because of Prime Day (happening in mid-july this year), not to mention that July has traditionally been a good month for the markets.