Explore Business Standard
Amazon Prime Day
A federal trial beginning in Amazon's hometown this week is set to examine whether the online retailing giant tricked customers into signing up for its Prime service and made it difficult to cancel after they did so. The Federal Trade Commission sued Amazon in U.S. District Court in Seattle two years ago and has alleged more than a decade of legal violations, including of the Restore Online Shoppers' Confidence Act, a 2010 law designed to help ensure that people know what they're being charged for online. Jury selection began Monday, with opening statements to follow. Prime provides subscribers with perks that include faster shipping, video streaming and discounts at Whole Foods for a fee of USD 139 annually, or USD 14.99 a month. It's a key and growing part of Amazon's business, with more than 200 million members. In its latest quarterly report, the company in July reported more than USD 12 billion in net revenue for subscription services, which is a 12% increase from the same .
Amazon India is "excited" about the festive season, its optimism bolstered by strong Prime Day sales last month and rising demand from smaller cities, the e-commerce giant's India Head Samir Kumar has said, adding the company has stepped up supply-side readiness to meet expected festive demand. Festive season shopping remains one of the biggest annual opportunities for brands, driven by cultural calendar, gifting traditions, lucrative discounts dished out, and consumer appetite for new and seasonal products. According to 2025 edition of the JioStar Festive Sentiment Survey, 92 per cent of Indian consumers plan to continue or increase their festive spending this year, signalling robust consumer confidence and a golden opportunity for brands. "I can tell you that as Amazon, we are preparing well for the event including fulfilment capabilities. We are enabling sellers to send their products into our fulfilment centres and we are getting ready for that. So I'm really excited about the .
Amazon Prime Day is here, and experts are reminding consumers to be wary of scams. Deceptions such as phony emails from people impersonating online retailers like Amazon are nothing new. But phishing attempts increase amid the heavy spending seen during significant sales events, whether it's Black Friday or Prime Day, according to the Better Business Bureau. This is a huge moment on the retail calendar," Josh Planos, vice president of communications and public relations at the Better Business Bureau, previously told The Associated Press. "And because of that, it represents an enormous opportunity for a scammer, con artist or even just an unethical business or organization to capitalize on the moment and separate folks from their hard-earned money. Prime Day, a two-day discount event for Amazon Prime members, kicks off on Tuesday and runs through Wednesday. In updated guidance published last week, the Better Business Bureau reminded consumers to watch out for lookalike websites, ...