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E-commerce giant Amazon saw sales and profits soar in the spring quarter, as online grocery sales tripled, fueled by home-bound shoppers, especially members of the company’s Prime membership service, the company said in an earnings report Thursday. Produce sits on shelves during a tour of a new Amazon Go store in the Capitol Hill neighborhood of ... [+] Seattle, Washington, U.S., on Monday, Feb. 24, 2020. Inc. is taking aim at the urban grocery store, launching a version of its cashierless convenience store beefed up with baked goods, meat, produce and household items. Photographer: Chona Kasinger/Bloomberg © 2020 Bloomberg Finance LP. KEY FACTS. Net sales increased 40% to $88.9 ... Full story

6 days ago, 1 August