By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Washington – Amazon.com founder/CEO Jeff Bezos will receive a Gold Award from the National Retail Federation (NRF), the trade group’s top honor.
Honorees are selected each year by select members of the NRF board who comprise its award Ccommittee.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Boston — Amazon.com will begin collecting sales tax in Massachusetts next fall.
The agreement, which goes into effect Nov. 1, 2013, was announced today by Gov. Deval Patrick.
“We are thankful Amazon was willing to come to the table and we will continue our conversations with them about creating jobs here,” Patrick said in a statement. “This agreement is a win for all sides, and I am pleased it promises to generate millions in long-term revenue for the Commonwealth.”
Seattle — Amazon.com is offering a $50 discount on its 8.9-inch Kindle Fire HD today.
The one-day sale suggests that demand for its top-of-the-line tablet may be trailing that of its lower-priced 7-inch models.
The temporary discount brings the price of the 8.9-inch 4G LTE wireless Kindle Fire with 32GB and sponsored screensavers down to $449 from $499, and reduces the 64GB model to $549 from $599.
Similarly, the price of the Wi-Fi only, screen-saver subsidized version will be reduced to $249 from $299, and the 32GB model will sell for $319, down from $369.
New York – Amazon.com was the most-shopped e-commerce site on Cyber Monday (Nov. 26).
According to Experian Marketing Services, traffic to the No. 1 e-tailer rose 36 percent year over year to nearly 35 million visits, excluding mobile devices.
Second place went to Walmart.com, with a 21 percent spike in traffic, to 18.6 million visits.
Amazon and Walmart.com were also the No. 1 and No. 2 most-shopped retail sites on Thanksgiving Day and Black Friday, Experian said.
Seattle — The 2013 edition of Black Friday and Cyber Monday were the best ever in sales of Kindle products, Amazon said.
Without revealing specific numbers, online retailer said customers purchased the seven different Kindle products in record numbers. The biggest driver was the Cyber Monday special that dropped the price of the Kindle Fire to $129.
Cyber Monday was the best day for Kindle sales worldwide, the company said.
Seattle – Amazon unveiled this week its Cloud Drive Photos app for devices based on the Android operating system, such as its Kindle tablets.
The app and service allows Android devices to automatically and safely store images in the cloud.
The Cloud Drive Photos app service provides users with 5GB of free storage, enough to hold thousands of digital photo files within fingertip reach.
Seattle — Amazon.com launched its Black Friday Deals Store on Thursday, just a few weeks ahead of the actual doorbusting day.
The store, which can be found at Amazon.com/BlackFriday, will feature a Deal of the Day, limited-time Lightning Deals and other savings.
Products that will be discounted include a Samsung series 9 Ultrabook, Nikon camera with 18x zoom, and Xbox 360 250GB with Kinect.
Seattle — Amazon.com reported a $274 million net loss on a net sales increase of 27 percent, to $13.81 billion, in the third quarter, ended Sept. 30.
Amazon blamed the red ink on a $169 million loss related to its equity-method share of the losses reported by LivingSocial, primarily attributable to its impairment charge of certain assets, including goodwill. In the prior year’s third quarter Amazon reported net income of $63 million.