Nov 21, 2019

Target, Amazon race for same-day shipping

Data: FactSet; Chart: Axios Visuals

Target and Amazon have different approaches to appease impatient customers who want same-day delivery.

The big picture: Target wants to fill more orders from its store inventory, which is cheaper than fulfillment centers. When it comes to same-day shipping, CEO Brian Cornell told CNBC yesterday that “90% of the cost goes away” when customers order online and pick up at a store, use curbside pickup or select shipping via Shipt for same-day delivery.

  • Amazon, which doesn’t have a network of stores like Target, said last month it spent nearly $10 billion in Q3 — 50% more than the prior year — on shipping and fulfillment costs.

The bottom line: Companies are racing to get people stuff faster, but that comes at a cost.

  • Investors have long been OK with Amazon spending big to invest in things like same-day shipping.
  • Shares of Target hit an all-time high on Tuesday after it reported upbeat quarterly results.

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The techlash zeroes in on Amazon

Illustration: Sarah Grillo/Axios

On the big shopping days of the year — Black Friday, Cyber Monday and, of course, Prime Day — Amazon once shined with its hyper-efficient apparatus for commerce on full display.

No more. Heightened scrutiny of the consequences of its bigness is beginning to supplant the glowing coverage of its success.

Go deeperArrowDec 5, 2019

Climate activists protest Amazon ahead of Black Friday

An Amazon worker packs items in east England on Nov. 27, 2019. Photo: Daniel Leal-Olivas/AFP via Getty Images

Dozens of French environmental activists protested at an Amazon warehouse on Thursday, ahead of other "Block Friday" protests planned in France, AP reports.

The big picture: Free and fast shipping — driven by Amazon — pushes e-commerce companies to add more trucks and jets to gain a competitive edge, and delivery boxes are exacerbating the global plastics crisis, Axios' Erica Pandey reports.

Go deeperArrowNov 28, 2019

Civil rights groups push Congress to probe Amazon on privacy issues

A dozen civil rights groups are banding together in an effort to push federal lawmakers to investigate Amazon over its privacy practices.

The big picture: Amazon is already under pressure from antitrust investigations, and it's facing growing scrutiny on the privacy front amid revelations of Ring's work with police agencies as well as concerns about the company's Rekognition facial recognition software.

Go deeperArrowNov 25, 2019