Despite a slight miss on revenue, investors were pleased with Amazon's Q2 performance, as its reported earnings doubled forecasts. Advertising and web services pushed the profit train in the second quarter, as did more sales from third-party sellers. And despite Prime member price increases, not to worry. CFO Brian Olsavsky told analysts that memberships are "looking really, really good."
 Read More...

Activewear company lululemon athletica is bringing a new chief executive on board, after its former CEO resigned in February. At the same time, IKEA is preparing to open its first store in India, and Alphabet’s Waymo tests out rides in self-driving vehicles for Walmart customers. Here is why lululemon’s new CEO joins the retailer at a pivotal time – and how Alphabet’s experiment could shape grocery pickup’s future. Read More...

Faster, cheaper, better – the eternal struggle in commerce and business has been choosing between two of those. But in the age of digital, the promise is that everyone can get all three. Living up to that promise, however, can be a complicated business.  Read More...