AmazonSupply is upgraded to Amazon Business
AmazonSupply has been upgraded to Amazon Business, a new B2B marketplace for businesses on Amazon.com. Customers who visit AmazonSupply are now redirected to Amazon.com. Amazon Business combines selection, convenience and value with new features and benefits that address the needs of businesses of all sizes.
Amazon Business gives registered customers access to solutions built specifically for businesses, including multi-user accounts and purchase-order tracking. Amazon Business’s occupational health and products categories are listed as Emergency Response Equipment (15,523 items), ,Facility Safety Products (28,437), Hazardous Material Handling (29,138), ,Lockout & Tagout Products (11,475), Personal Protective Equipment (356,982), Safety Signs & Signals (414,546), Safety Training (6,923) and Warning Alarms (1,114).
Brands include 3M (11,324), DEWALT (393), Dr. Scholl’s (284), DuPont (2,613), Encon Safety Products (85), Howard Leight (498), Rayovac (2) Uvex (2,011).
Superfast delivery service
Amazon announced on September 16 that Prime Now, the company’s one-hour delivery service, has expanded to Los Angeles and Orange County including areas such as Santa Monica, Redondo Beach, Silver Lake and Irvine. Amazon has established four Prime Now hubs in southern California to serve its Prime members with superfast delivery on tens of thousands of items including paper towels, chilled and frozen items like milk and ice cream, and televisions and Kindle devices.
In the next few days, Prime Now will also add deliveries from some of LA’s favorite local stores, such as Sprouts Farmers Market, Bristol Farms, Sprinkles Cupcakes, Fresh & Easy, Erewhon Organic Grocer and 99 Ranch Market.
Amazon Prime is an annual membership program for $99 a year that offers customers unlimited Free Two-Day Shipping on more than 20 million items across all categories, unlimited Free Same-Day Delivery on more than a million items in 14 metro areas, unlimited streaming of tens of thousands of movies and TV episodes, more than one million songs, more than one thousand playlists and hundreds of stations with Prime Music, early access to select Lightning Deals all year long, free secure, unlimited photo storage in Amazon Cloud Drive with Prime Photos and access to more than 800,000 books to borrow with the Kindle Owners’ Lending Library. In addition, Prime members in 11 U.S. cities receive one and two hour delivery on a selection of tens of thousands of everyday essentials with the dedicated Prime Now mobile app.
Second quarter sales up 20% to $23.18 Billion
Amazon.com, Inc. announced financial results for its second quarter ended June 30, 2015. Operating cash flow increased 69% to $8.98 billion for the trailing twelve months, compared with $5.33 billion for the trailing twelve months ended June 30, 2014. Free cash flow increased to $4.37 billion for the trailing twelve months, compared with $1.04 billion for the trailing twelve months ended June 30, 2014.
Common shares outstanding plus shares underlying stock-based awards totaled 488 million on June 30, 2015, compared with 480 million one year ago.
Net sales increased 20% to $23.18 billion in the second quarter, compared with $19.34 billion in second quarter 2014. Excluding the $1.39 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 27% compared to second quarter 2014.
Operating income was $464 million in the second quarter, compared with operating loss of $15 million in second quarter 2014.
Net income was $92 million in the second quarter, or $0.19 per diluted share, compared with net loss of $126 million, or $0.27 per diluted share, in second quarter 2014.
“The teams at Amazon have been working hard for customers,” said Jeff Bezos, founder and CEO of Amazon.com. “We unveiled Amazon Business, opened Amazon Mexico, launched Prime free same-day, rolled out our ninth Prime Now city, broke our Black Friday record with the first-ever Prime Day, received 11 Emmy nominations for Transparent, debuted six new kids pilots, brought Echo to general availability, introduced the Alexa Skills Kit and Alexa Voice Service, opened FBA Small and Light, continued to double down on our fastest growing geography — India, launched 350 significant AWS features and services so far this year (ahead of last year’s pace), introduced AWS Educate, and entered into agreements for new solar and wind farms — enough to exceed our 2016 goal of 40% renewable energy.”
Amazon.com opened in July 1995. The company is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking.