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Tesla slips after saying it's reducing the number of store closures and raising prices (TSLA)
News 1 week ago
Tesla slips after saying it's reducing the number of store closures and raising prices (TSLA)

Tesla on Sunday announced that it would reduce the number of store closures that it had previously announced. The electric-car maker said that...

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Philadelphia banned stores from refusing to accept cash, and it's a troubling trend for Amazon (AMZN)
News 2 weeks ago
Philadelphia banned stores from refusing to accept cash, and it's a troubling trend for Amazon (AMZN)

Stores that do not accept cash are on the rise, from quick-service lunch spots to Amazon's Go stores. Not accepting cash can speed up lines and...

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Apple is now one of the biggest investors in research and development, and critics are wondering what it's getting for its money (AAPL)
News 2 weeks ago
Apple is now one of the biggest investors in research and development, and critics are wondering what it's getting for its money (AAPL)

Apple has been massively ramping up its spending on research and development in recent years. It now spends nearly $15 billion a year, giving it...

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'It feels like a morgue': Tesla employees say morale has fallen drastically as stores close and workers are let go (TSLA)
News 2 weeks ago
'It feels like a morgue': Tesla employees say morale has fallen drastically as stores close and workers are let go (TSLA)

Tesla blindsided many of its store employees with the announcement last week that it will close stores and sell its products exclusively online....

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Tesla made a drastic change to its bonus structure before deciding to cut costs by closing stores, salespeople say (TSLA)
News 2 weeks ago
Tesla made a drastic change to its bonus structure before deciding to cut costs by closing stores, salespeople say (TSLA)

Tesla dramatically altered its bonus structure for retail employees last year, advisers told Business Insider. At the same time, the company merged...

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An 87-year-old Japanese designer just won the 'Nobel Prize of architecture.' Here are some of his most stunning masterpieces.
News 2 weeks ago
An 87-year-old Japanese designer just won the 'Nobel Prize of architecture.' Here are some of his most stunning masterpieces.

Japanese architect Arata Isozaki was awarded the 2019 Pritzker Architecture Prize, which is often referred to as the "Nobel Prize of architecture."...

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MoviePass closes up its Los Angeles office after firing its business development team
News 2 weeks ago
MoviePass closes up its Los Angeles office after firing its business development team

MoviePass' Los Angeles office closed down last week. The space housed the business development department of the movie-ticket subscription company,...

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Dick's Sporting Goods used Facebook to automatically serve different ads to different people — driving $10 million in incremental sales during the holiday season
News 2 weeks ago
Dick's Sporting Goods used Facebook to automatically serve different ads to different people — driving $10 million in incremental sales during the holiday season

Dick's Sporting Goods used Facebook to drive 100,000 additional purchases and $10 million in incremental sales during the holiday season in 2018....

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Amazon could be gearing up to reveal Walmart, Kroger, and Aldi's worst nightmare
News 3 weeks ago
Amazon could be gearing up to reveal Walmart, Kroger, and Aldi's worst nightmare

Amazon is reportedly planning to launch a new grocery-store chain. The new chain is expected to be cheaper than Whole Foods and sell a wider...

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More layoffs expected at Tesla as the company shutters most of its retail stores (TSLA)
News 3 weeks ago
More layoffs expected at Tesla as the company shutters most of its retail stores (TSLA)

Tesla announced Thursday that it was shifting to an online-only sales model. "Many" of the company's 378 stores will be closing, it said in a blog...

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Trump called Amazon's abrupt New York HQ2 cancellation a 'big loss' and blamed the 'radical left' for the outcome (AMZN)
News 4 weeks ago
Trump called Amazon's abrupt New York HQ2 cancellation a 'big loss' and blamed the 'radical left' for the outcome (AMZN)

President Donald Trump called Amazon's decision not to move forward with its HQ2 plans in the Long Island City neighborhood of Queens a "big loss...

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Apple is reportedly closing its two stores in patent-litigation haven Eastern Texas for a brilliant reason
News 4 weeks ago
Apple is reportedly closing its two stores in patent-litigation haven Eastern Texas for a brilliant reason

Apple is closing its two stores in a specific district in Eastern Texas and opening up a new one just across the border. And its a brilliant move...

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Amazon decided to shut down HQ2 in New York but advertisers see no sign of the e-commerce giant slowing down its attack on Madison Avenue
News 1 month ago
Amazon decided to shut down HQ2 in New York but advertisers see no sign of the e-commerce giant slowing down its attack on Madison Avenue

Amazon won't move forward with its plan to build a campus in Long Island City, but that change doesn't seem to have impacted Amazon's advertising...

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How to return rented books to Amazon
News 1 month ago
How to return rented books to Amazon

Renting books from Amazon can be more economical than buying them, but you must ensure they are returned on time. If you return a rented book to an...

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Virginia is now the sole winner of Amazon's HQ2. Here's what its planned neighborhood looks like right now.
News 1 month ago
Virginia is now the sole winner of Amazon's HQ2. Here's what its planned neighborhood looks like right now.

Amazon has announced that Northern Virginia will be the sole site for its second headquarters. Amazon had originally announced that its second...

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How 3PL providers can thrive in light of their changing relationship with retail partners
News 1 month ago
How 3PL providers can thrive in light of their changing relationship with retail partners

This is a preview of a research report from Business Insider Intelligence,Business Insider's premium research service. To learn more about Business...

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A walk through Seattle’s 'Amazonia' neighborhood made me understand why any city would be wary of hosting the tech giant
News 1 month ago
A walk through Seattle’s 'Amazonia' neighborhood made me understand why any city would be wary of hosting the tech giant

Amazon has announced that it will not build half of its second headquarters, HQ2, in New York City as planned. After an extensive search, Amazon...

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Tesla launched a new store on Amazon where it's selling iPhone cases, hoodies, and mugs (TSLA, AMZN)
News 1 month ago
Tesla launched a new store on Amazon where it's selling iPhone cases, hoodies, and mugs (TSLA, AMZN)

Tesla has launched an Amazon store where it is selling branded merchandise, Electrek first reported. Tesla rolling out a store on Amazon's platform...

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Apple's retail chief, Angela Ahrendts, is leaving (AAPL)
News 1 month ago
Apple's retail chief, Angela Ahrendts, is leaving (AAPL)

Apple's head of retail, Angela Ahrendts, is leaving the company. She'll be replaced by Deirdre O'Brien, who also heads up human resources. Over the...

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Apple's iconic glass cube in New York will re-open this year (AAPL)
News 1 month ago
Apple's iconic glass cube in New York will re-open this year (AAPL)

Apple's flagship New York store will reopen in the first half of this year, the CEO of Boston Properties, which owns the location, said. The store...

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Silicon Valley believes driverless trucks and drones will quickly transform how we get things — but truckers and warehouse workers disagree
News 1 month ago
Silicon Valley believes driverless trucks and drones will quickly transform how we get things — but truckers and warehouse workers disagree

While Amazon fulfillment centers and other warehouses are full of technology, not all logistics executives and managers are gung-ho about all the...

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If you bought anything from these 10 companies in the last year, your data may have been stolen
News 1 month ago
If you bought anything from these 10 companies in the last year, your data may have been stolen

Data breaches are becoming common for all kinds of businesses, including retailers. Since January 2018, at least 10 retailers and consumer...

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Amazon will soon lose the biggest reason to pay for Prime (AMZN)
News 2 months ago
Amazon will soon lose the biggest reason to pay for Prime (AMZN)

Amazon Prime membership offers many benefits, but for many the most important is the free two-day shipping on over 100 million items. But the...

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Walmart exec reveals why it canceled its Amazon Go-like cashierless program in stores — and what the company is working on instead (WMT)
News 2 months ago
Walmart exec reveals why it canceled its Amazon Go-like cashierless program in stores — and what the company is working on instead (WMT)

In 2017 and 2018, Walmart pilot tested a program called "Scan & Go" in 125 stores. The program let customers use a smartphone or handheld device to...

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Google is moving in to a former Los Angeles shopping mall to open a massive new 584,000-square-foot office (GOOGL, GOOG)
News 2 months ago
Google is moving in to a former Los Angeles shopping mall to open a massive new 584,000-square-foot office (GOOGL, GOOG)

Google is growing its presence in Los Angeles, the company says. Google has leased a new 584,000-square-foot office in West Los Angeles that is...

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Microsoft employees got to help tear apart and demolish some of the company's oldest buildings where Bill Gates kept an office (MSFT)
News 2 months ago
Microsoft employees got to help tear apart and demolish some of the company's oldest buildings where Bill Gates kept an office (MSFT)

Microsoft began a planned demolition of some of the oldest buildings on its corporate campus in Redmond, Washington. The demolition is part of...

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Amazon's ad business is set to more than quadruple by 2023 — and Google should be worried
News 2 months ago
Amazon's ad business is set to more than quadruple by 2023 — and Google should be worried

Amazon made $9 billion in advertising revenue this year, according to a Sunday note from Pivotal Research. A third of the revenue come from co-op...

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New York City’s first official esports team hosted a Brooklyn pop-up shop with celebrity appearances and tons of video games, and fans couldn’t get enough of it (ATVI)
News 2 months ago
New York City’s first official esports team hosted a Brooklyn pop-up shop with celebrity appearances and tons of video games, and fans couldn’t get enough of it (ATVI)

New York Excelsior (NYXL) is a team of professional gamers playing in the Overwatch League. The esports organization recently took over a retail...

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Edureka's online courses help you strengthen your skill set for work — and you can save 30% on key courses
News 2 months ago
Edureka's online courses help you strengthen your skill set for work — and you can save 30% on key courses

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from...

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Amazon dominated retail in 2018 — and no one else even came close to touching it (AMZN)
News 2 months ago
Amazon dominated retail in 2018 — and no one else even came close to touching it (AMZN)

Amazon had a killer 2018 in nearly all respects, but its retail performance defied expectations. The company is projected to close the year netting...

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