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Hundreds of NYC roles reportedly included in Amazon’s job reduction plan
Fox Business· 2026-02-20 01:35
Amazon’s latest wave of layoffs has reportedly hit New York, with hundreds of employees losing their jobs. Roughly 135 corporate employees at Amazon’s 1440 Broadway office in Manhattan were laid off in January, according to the New York Post, citing a filing submitted to the New York State Department of Labor.More than 100 other New York-based employees were also let go, the outlet reported, citing a source who said additional filings are expected to surface in state records in the coming weeks. AMAZON VAN ...
Amazon Pharmacy's latest move could change how you get prescriptions filled
Fastcompany· 2026-02-12 13:29
Amazon is expanding its same-day delivery services for its Pharmacy. In an announcement Wednesday the company said plans to bring Amazon Pharmacy to nearly 4,500 locations around the country, which is... ...
Amazon Pharmacy to Offer Same-Day Delivery to 2,000 More Communities in 2026
CNET· 2026-02-11 22:15
Core Insights - Amazon plans to expand its same-day prescription delivery service to approximately 2,000 new areas, increasing the total to over 4,500 locations by the end of the year [1][2] - The expansion targets areas in Idaho and Massachusetts that have experienced pharmacy closures and limited access to care [2] - Amazon Pharmacy aims to enhance accessibility to medication through its logistics network, helping patients start treatment faster [2] Service Features - Amazon Pharmacy offers various programs, including RxPass, which costs $5 per month for Amazon Prime subscribers, allowing savings of up to 80% on generic medications and 40% on brand-name medications [3] - A caregiver support feature was introduced in 2025, enabling families to manage medical subscriptions for other members [4] - Amazon Pharmacy has kiosks for prescription pickups at certain clinic lobbies, with plans for further expansion of these kiosks this year [4]
Amazon Pharmacy Will Expand Same-Day Medication Delivery to Nearly 4,500 U.S. Cities and Towns by Year End
Businesswire· 2026-02-11 17:53
Core Insights - Amazon Pharmacy will expand its Same-Day prescription delivery service to nearly 4,500 U.S. cities and towns by the end of 2026, adding approximately 2,000 new communities this year [1] - The expansion aims to provide fast and reliable medication delivery to millions of customers, particularly in states like Idaho and Massachusetts, where access to pharmacy services has been historically limited [1] Delivery Speed Improvements - In 2025, Amazon Pharmacy recorded significant delivery speed improvements, utilizing various transportation methods including e-bikes in urban areas and ferries in remote locations [1] - Customers in Los Angeles were able to pick up medications within minutes using Amazon Pharmacy Kiosks located in primary care offices, facilitating immediate treatment [1] Accessibility and Support Features - Amazon Pharmacy introduced a caregiver support feature in 2025 to assist families in managing medications for loved ones and expanded its $5-per-month RxPass prescription savings program to Prime members in 48 states [1] - The service also includes 24/7 access to licensed pharmacists and automatic refills, addressing the needs of customers in underserved areas [1] Savings and Pricing Transparency - In 2025, Amazon Pharmacy helped customers save over $150 million by applying eligible manufacturer-sponsored coupons, with significant savings on insulin and GLP-1 medications [1] - Prime members can save up to 80% on generic medications and 40% on brand-name medications through Prime Rx, with additional access to over 50 commonly prescribed medications via the RxPass program [1] Overall Strategy - Amazon Pharmacy is focused on redefining customer expectations in pharmacy care by combining pharmacy expertise with a robust logistics network to enhance accessibility, affordability, and convenience [1]
Amazon Pharmacy to expand same-day delivery to nearly 4,500 US cities
TechCrunch· 2026-02-11 15:46
Core Insights - Amazon Pharmacy plans to expand same-day prescription delivery to nearly 4,500 U.S. cities and towns by the end of this year, adding almost 2,000 new communities to its network [1] - The expansion will include newly served states such as Idaho and Massachusetts [1] Company Background - Amazon launched Amazon Pharmacy in 2020 following its $753 million acquisition of PillPack, a prescription medicine delivery service [2] - In 2023, Amazon introduced RxPass, a service allowing Prime members in the U.S. to access unlimited generic medications for a monthly fee of $5 [2] Strategic Initiatives - John Love, vice president of Amazon Pharmacy, emphasized the company's goal to eliminate barriers to medication access, enhancing speed, cost, and convenience for patients [3] - In October, Amazon introduced prescription vending machines at One Medical clinics, enabling patients to pick up prescriptions immediately after their appointments [3]
Amazon Delivered 30% More Items Same or Next Day in 2025
PYMNTS.com· 2026-02-03 15:44
Amazon increased the number of items it delivered to Prime members in the United States the same or next day by 30% in 2025.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The company delivered over 8 billion items ...
Amazon delivered 8 billion items to its US Prime members in less than 2 days last year
Yahoo Finance· 2026-02-03 11:50
Core Insights - Amazon's Prime members in the US received 8 billion items on the same day or next day last year, marking a 30% increase from 2024, highlighting the company's commitment to improving delivery speeds [1] - Globally, 13 billion items were delivered in less than two days, with half of US Prime deliveries consisting of groceries or household essentials, resulting in an average savings of $550 on shipping costs for members [2] Delivery Expansion - In 2025, Amazon invested $4 billion to enhance same-day and next-day delivery services to 4,000 smaller cities, towns, and rural areas, while also planning to close Amazon Fresh and Amazon Go stores to focus on delivery and expanding Whole Foods [3] - The company has expanded its same-day delivery service for perishable goods to over 5,000 US cities, with further expansion planned for 2026, and delivered 70% more items in less than a day in 2025 [4] Technological Advancements - Amazon has retrofitted its facilities based on lessons learned from Whole Foods to ensure a high-quality supply chain experience for perishable items [5] - AI has been a significant enabler in increasing delivery speeds, particularly in the pharmacy segment, allowing Amazon to reduce processing time for patients by 90% compared to industry benchmarks [6]
Amazon Pharmacy offers Novo Nordisk's Wegovy pill
Reuters· 2026-01-09 14:12
Core Insights - Amazon Pharmacy now offers Novo Nordisk's Wegovy pill through insurance plans and a cash-pay option [1] Company Summary - Amazon Pharmacy has expanded its offerings to include Wegovy, a medication produced by Novo Nordisk, which is now accessible via insurance plans [1] - The availability of Wegovy through a cash-pay option provides additional flexibility for consumers [1] Industry Summary - The inclusion of Wegovy in Amazon Pharmacy's offerings reflects a growing trend in the pharmaceutical industry towards integrating online platforms with traditional insurance models [1] - This move may enhance competition among pharmacies and online health services, particularly in the obesity treatment market [1]
Analysts Identify Multiple Catalysts for Amazon.com (AMZN) in 2026
Yahoo Finance· 2026-01-07 11:50
Core Insights - Amazon.com, Inc. (NASDAQ:AMZN) has been identified as a top large-cap Internet stock for 2026 by Evercore ISI, highlighting its strong performance in Amazon Web Services (AWS) with a 20% year-over-year growth in Q3, marking the fastest growth rate in 11 quarters [1] - The growth rate of AWS has surpassed that of Microsoft Azure for the first time since Q3 2022, bolstered by a positive narrative surrounding artificial intelligence [1] - Analyst Mark Mahaney projects Amazon as a high-quality compounder with a 25% EPS CAGR, solid double-digit revenue growth, and expanding operating margins, with free cash flow expected to increase significantly in the next 24 months [2] AWS Growth and Future Catalysts - Beyond AWS, several catalysts for Amazon's growth have been identified, including Trainium chips, increased engagement with Alexa+, the grocery business, Amazon Pharmacy, Amazon Leo, Zoox's robotaxi service, and a renewed focus on the Amazon for Business segment [2] - The company has paused its plans for commercial drone deliveries in Italy due to regulatory challenges, despite positive engagement with local aerospace regulators [3] Business Segments - Amazon operates in various segments, including retail sales of subscription services, advertising, and consumer products through both physical and online stores, with operations in International, North America, and AWS segments [3]
1 Reason I'm Never Selling Amazon Stock
The Motley Fool· 2026-01-01 05:00
Core Viewpoint - Amazon continues to demonstrate strong growth potential across various sectors, maintaining its leadership position in multiple markets despite concerns about its size and competition in cloud computing [1][4][9] Business Overview - Amazon operates in diverse industries including e-commerce, cloud computing, artificial intelligence, advertising, grocery shopping, video and music streaming, and healthcare [4][5] - The company is a leader in the U.S. e-commerce market and holds a top position in the cloud computing industry [4][5] Management and Innovation - Amazon's management is adept at identifying growth opportunities and planning for the future, which is crucial for long-term success [6] - The company fosters a culture of innovation, enabling it to maintain its competitive edge across various sectors [6] Growth Potential - Amazon is exploring new sectors like healthcare, with Amazon Pharmacy disrupting established businesses [7] - E-commerce currently accounts for less than 20% of retail transactions in the U.S., indicating significant room for growth [8] - Cloud adoption remains low, with 85% of IT spending still occurring on-premises, suggesting a long-term trend towards increased cloud usage [8] Future Outlook - Amazon's leadership position, innovative capabilities, and economic moat position it well to capitalize on future growth opportunities [9] - The company is expected to deliver market-beating returns as it leverages these advantages [9]