Once upon a time less than 20 years ago, there was concern that people would not trust providing their credit card information to make online purchases. Indeed, there was a question as to whether people would take the plunge and order holiday presents online. My, how times have changed! Continue reading Amazon Sales Through The Roof This Holiday Season
Amazon truly has developed into a beast of the Northwest. Indeed, Amazon is a major presence in Seattle, occupying tremendous amounts of office space, employing many people, and generally boosting the economy in that region.
Amazon announced some months back that it will establish a second headquarters within the United States. Not surprisingly, many cities came courting, trying to woo Amazon into their backyards. There has been quite a bit of buzz about where Amazon ultimately will locate its second headquarters. And now, according to a recent article by the Business Insider, Amazon may be on the brink of reaching a decision. But where? Drumroll please! Continue reading The Potential Location of Amazon’s Second Headquarters
Sure, sure, like most of us, you use Amazon often to buy things online and have them delivered to your home without the hassle of actually having to go out to the store. So, given your buying familiarity with Amazon, you might think you know quite a bit about the company. But perhaps there is much more to know.
Indeed, in a recent book by Brad Stone, titled “The Everything Store: Jeff Bezos and the Age of Amazon,” profiled by Business Insider, much is revealed that you might not know. (And yes, big surprise, you can purchase the book on Amazon). Continue reading What You Might Not Know About Amazon
Once upon a time, toward the beginning of the commercial internet, critics questioned Amazon’s aggressive approach in throwing money at the concept of becoming the full-purpose seller of all types of products online. Indeed, while Amazon was growing along the way, it was in the red, far from turning a profit. Detractors believed that Amazon’s “Hail Mary” approach would fail, and the only question was when Amazon would go under, like many other early dot coms.
Well, who is laughing now? Amazon, and CEO Jeff Bezos, of course. Continue reading Amazon Now Raking in the Dough
Should consumers be able to avoid paying state sales tax simply because they make purchases on the Internet?
Some legislators think not, believing that state coffers should not be deprived of sales tax revenue from online purchases. Consequently, they have enacted some laws designed to capture such revenue.
However, according to the Chicago Tribune, a recent law passed in the Land of Lincoln attempting to tax online purchases was just ruled unconstitutional by the Illinois Supreme Court.