Reporter @theinformation covering Amazon and its rivals. Email: [email protected] Text/Signal: 917 300 8909
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Theo Wayt's articles predominantly cover the tech and business sectors, with a focus on e-commerce, technology, logistics, advertising, and startups. His coverage includes expert commentary and exclusive insights into these industries.
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Logistics company Flexport is making fresh job cuts and will sublease excess warehouse space to overhaul the money-losing fulfillment business it acquired from Shopify last year, according to a memo to staff on Wednesday.
It looks like Amazon has finally realized most people go to grocery and convenience stores to browse and shop—not to be wowed by technology. Case in point: Amazon is closing more of its futuristic cashierless convenience shops and launching mini Whole Foods stores that are comparatively low tech.
By: Theo Wayt, Ann Gehan
Dave Clark. Photo via Flickr/U.S. Dept. of Homeland Security.
It looks like Amazon has finally realized most people go to grocery and convenience stores to browse and shop—not to be wowed by technology.
By: Theo Wayt
Join high-powered tech and business leaders who read The Information every day.
By: Theo Wayt
After a decade of acquisitions and internal product launches in groceries and pharmacy delivery, Amazon is taking steps to streamline the mishmash of services it now operates and reinvigorate growth in both markets. For instance, Amazon has begun to unify its two online pharmacy operations, ...
Amazon is bringing in a new leader to Twitch to boost its advertising business, deepening the ties between the livestreaming service and its powerful parent.
In John Mackey’s new memoir, the Whole Foods founder and former CEO recalls how in mid-2022, shortly before he left the grocery chain, he took MDMA and psilocybin during a spiritual retreat. While under the influence, Mackey agonized over the ways he had been “disrespected and disempowered” after selling Whole Foods to Amazon five years earlier, he writes, and he fretted about the acquirer’s culture creeping into his natural grocery chain.
GoPuff's fired CTO, Sree Kotay. Photos via Broward County Mugshots (Instagram) and Shutterstock.
Temu is making swift progress in winning over popular Amazon merchants to sell on its bargain site, thanks to a simple pitch: It’s much cheaper for merchants to sell on Temu than on Amazon.
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