The Thankgiving shopping weekend may only officially extend five days, but Amazon has been preparing for the busy season - and the rest of the holiday shopping crunch - all year. By making investments into logistics and other delivery methods, as well as hiring 125,000 full and part-time workers in addition to 150,000 seasonal workers, the company is confident it can keep things in stock and get items where they need to be. Cheddar News senior reporter Michelle Castillo spoke to global communications director Rena Lunak to find out more.
Share:
More In Business
The Hidden Skill Every Great Philanthropist Needs
PIMCO’s John Studzinski on markets, leadership, and why long-term thinking matters as much in giving as it does in investing.
Buy Now or Wait? A Real Estate CEO Breaks Down the Market
High rates and low inventory continue to squeeze buyers. Century 21 CEO Mike Miedler breaks down what’s next for U.S. housing.
Spend Smarter, Not Harder: Last Minute Holiday Shopping Rules You Can’t Afford to Ignore
Prices are up and budgets are tight. Shopping expert Trae Bodge shares smart ways to save, spot real deals, and avoid holiday debt.
IPO to Innovation: Why Weshop Is One of Ecommerce’s Most Watched Companies
After a blockbuster IPO, Weshop is redefining ecommerce by giving users equity, influence, and a stake in the platform’s success.
Rewiring Rest: How Somnee Is Changing the Way We Sleep
Somnee CEO Tim Rosa shares how next-gen sleep wearables, tACS technology, and data-driven insights are redefining recovery and performance.
Beyond the Burn: How Orangetheory Is Shaping the Future of Studio Workouts
Orangetheory Fitness is redefining the future of workouts with smarter tech, strength-based programming, and community-driven studios built for what’s next.
Spain fines Airbnb $75 million for unlicensed tourist rentals
Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuring
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia organized crime prosecutors charge minister, others in connection with Kushner-linked project
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
