Those risks led GWW stock to essentially stall out starting in 2013. And they came home to roost last year. Disappointing earnings — particularly, falling margins — seemed to signal that pressure from Amazon was a real problem. By September, GWW traded at its lowest levels in almost six years. Grainger seemed destined to be another dominant business undone by a nimbler online competitor.
For instance, Prime members who download the Whole Foods app can save up to 10 percent on select Whole Foods purchases just by scanning their smartphone at a Whole Foods register. Prime members also get discounts on digital services like FreeTime Unlimited, which costs $2.99/month for Prime members or $4.99/month for non-members. Throughout the year, Prime members also get exclusive discounts on Amazon hardware, which the online retailer recently refreshed.
With more than 100 million members worldwide, Amazon Prime gives customers access to streaming video, free shipping, Prime Day discounts, and a variety of other Amazon-specific services and deals for $119 per year. For many, the service is a no-brainer for the shipping perks alone, but there's a lot more to a Prime membership than free shipping and streaming services.
On April 28, 2015, Amazon announced its launch of Amazon Business. Amazon Business is a service that provides registered business owners with a consolidated platform for buying products and supplies from Amazon. Business users have access to shipping benefits, discounts on eligible products, purchase analytics, and price comparisons from different sellers.
In August 2005, Amazon began selling products under its own private label, "Pinzon"; the trademark applications indicated that the label would be used for textiles, kitchen utensils, and other household goods. In March 2007, the company applied to expand the trademark to cover a more diverse list of goods and to register a new design consisting of the "word PINZON in stylized letters with a notched letter "O" which appears at the "one o'clock" position". Coverage by the trademark grew to include items such as paints, carpets, wallpaper, hair accessories, clothing, footwear, headgear, cleaning products, and jewelry. In September 2008, Amazon filed to have the name registered. USPTO has finished its review of the application, but Amazon has yet to receive an official registration for the name.
This is the best car trunk organizer that I have ever experienced. It is very sturdy and has plenty of room for all my items I carry in my SUV. I am just getting ready to order a second one for my wife's car. She is so impressed with the one that I got that she wants one for herself. The ability to collapse one section to make it smaller is very handy, as is the divider to cut one of the sections in half. The bonus of a free eBook and sunshield just makes it that much of a better deal.
Amazon discloses few metrics on its performance in apparel. Since one indicator of that is number of shoppers, we asked survey respondents who had bought clothing or footwear in the past 12 months if they had bought apparel on Amazon during that time. We also asked apparel shoppers if they think they are likely to buy clothing or footwear on Amazon in the next 12 months. Respondents were required to choose either “yes,” “no” or “cannot remember” (“don’t know” for the next-12-months question) as their answer.
Prime’s approaching a saturation point may be inevitable, but that doesn’t mean that memberships should already be described as “flattening out,” said Charlie O’Shea, lead retail analyst for Moody’s. O’Shea noted that, hypothetically, it’s possible for a company to grow at 10 percent, then slip to 9 percent, and still be adding more members in absolute numbers.
In 2012, Amazon announced the launch of Vine.com for buying green products, including groceries, household items, and apparel. It is part of Quidsi, the company that Amazon bought in 2010 that also runs the sites Diapers.com (baby), Wag.com (pets), and YoYo.com (toys). Amazon also owns other e-commerce sites like Shopbop.com, Woot.com, and Zappos.com.