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CFOs On the Move: Week Ending August 12
Axon, Sonos, New Relic, Revlon, Luckin Coffee, HYCU, Skillshare, Brinks, Performance Food Group, Jane, Kirkland’s
By
Lauren Muskett
| August 12, 2022
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Amazon
Financial Performance
Amazon’s Q1 Profit Dips on COVID Response
The company expects to plow its entire Q2 operating profit back into "getting products to customers and keeping employees safe.”
By
Matthew Heller
| May 1, 2020
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Risk & Compliance
Amazon’s Labor and Whistleblower Laws Questioned
The New York Attorney General is investigating the e-commerce giant’s response to safety concerns raised by workers during the pandemic.
By
Lauren Muskett
| April 28, 2020
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Financial Performance
Walmart Earnings Miss as Online Growth Slows
Walmart's Q4 results show “the pressure traditional retailers are facing to keep pace with consumers who are increasingly shopping online."
By
Matthew Heller
| February 18, 2020
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Sustainability
Employees Criticize Amazon on Climate Policies Despite Risk to Jobs
More than 340 Amazon employees signed onto a post criticizing the company’s climate stance and protesting its external communications policy.
By
Lauren Muskett
| January 27, 2020
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Technology
Ring Suit Alleges Cameras Vulnerable to Hackers
“Ring does not fulfill its core promise of providing privacy and security for its customers, as its camera systems are fatally flawed,” the suit says.
By
Matthew Heller
| December 27, 2019
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The Economy
E-Commerce Posts 18.8% Holiday Season Gain
Retailers offered omnichannel sales earlier in the season, "meeting consumers’ demand for the best deals across all channels and devices."
By
Matthew Heller
| December 26, 2019
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Supply Chain
Amazon Profit Dives on One-Day Shipping Costs
“There’s a lot of cost in the short run” from expanding the free one-day delivery program, CFO Brian Olsavsky says.
By
Matthew Heller
| October 25, 2019
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Risk & Compliance
U.S. Supreme Court Denies Amazon Bid to Block Worker Suit
Warehouse employees say they should be paid for time spent in security screenings.
By
Lauren Muskett
| October 7, 2019
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Strategy
eBay Matches Amazon With Logistics Option
A new eBay service will enable merchants to store inventory in strategically located warehouses, resulting in faster delivery times.
By
Matthew Heller
| July 25, 2019
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Supply Chain
Alibaba Seeks Share of U.S. B2B E-Commerce
Alibaba's move to open its platform to U.S. sellers puts it "in direct competition with Amazon in the business-to-business online marketplace."
By
Matthew Heller
| July 23, 2019
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Training
Amazon to Spend $700 Million to Upskill Employees
The retail and tech giant will expand its training programs to help employees move into more advanced roles.
By
Lauren Muskett
| July 11, 2019
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Financial Performance
Walmart Gets Big Sales Boost From E-Commerce
"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
By
Matthew Heller
| May 16, 2019
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Financial Performance
Amazon Profit Doubles to Record $3.6B in Q1
The company "has entered a new era with comparatively sluggish sales growth, but a consistently profitable business.”
By
Matthew Heller
| April 26, 2019
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Technology
Don’t Break Up Big Tech Firms: Former Antitrust Regulator
Calls for regulating companies like Amazon, Facebook, and Google out of existence are misguided, says Canada's former competition commissioner.
By
David McCann
| April 22, 2019
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People
Ford Names Ex-Amazon Exec Tim Stone as CFO
The appointment of Stone to replace Bob Shanks "demonstrates Ford’s continuing transformation to a new age auto company."
By
Matthew Heller
| March 21, 2019
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