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Amazon.com Inc. is poised to enter the business of selling prescription drugs by 2019 according to analysts. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

Amazon looms over drugstores as analysts see market entry

NEW YORK - Amazon.com Inc. is almost certain to enter the business of selling prescription drugs by 2019, said two analysts at Leerink Partners,...
A RENDERING of a proposed site for the second North American Amazon.com Inc. headquarters in the Pawtucekt Central Falls Train District. / COURTESY CENTRAL FALLS

Pawtucket and Central Falls pitch Amazon HQ2 plan

PROVIDENCE – Pawtucket Mayor Donald R. Grebien and Central Falls Mayor James A. Diossa announced that the two communities will respond to Rhode Island’s...
TOYS "R" US INC. filed for bankruptcy Monday evening, surprising much of the toy industry. /BLOOMBERG FILE PHOTO/LUKE SHARRETT

Toys ‘R’ Us seeks bankruptcy, crushed by debt and online rivals

NEW YORK - Toys “R” Us Inc., the once-dominant specialty retailer and ultimate toyland for a generation of post-war baby boomers, filed for bankruptcy...
THE GREATER BOSTON market is expected to add more than 3 million square feet of office space in the next two years, according to a new report by Toronto-based Avison Young. The rendering above shows what The Hub on Causeway in Boston will look like when completed, which will feature more than 1.5 million square feet of retail, office, hotel and residential space. / COURTESY BOSTON PROPERTIES INC.

Report: Boston office market sees robust growth through first half of...

BOSTON – The office market in greater Boston had robust growth during the first half of 2017, according to a new report by Toronto-based...
AMZAZON HAS ISSUED a request for proposal from state and local governments for its "HQ2," a second headquarters. Above, a courtyard outside Amazon's Seattle headquarters building/BLOOMBERG FILE PHOTO/DAVID RYDER

Commerce RI to submit for Amazon’s second North American headquarters RFP

PROVIDENCE - Amazon.com Inc. already has a sprawling Seattle headquarters that attests to its size and ambition. Now the world’s largest online retailer plans...
AMAZON'S PURCHASE OF Whole Foods has prompted a new aggressive pricing strategy, with stores lowering prices as much as 43 percent. /BLOOMBERG FILE PHOTO/MARK KAUZLARICH

Amazon cuts Whole Foods prices as much as 43% on first...

NEW YORK - Amazon.com Inc. spent its first day as the owner of a brick-and-mortar grocery chain cutting prices at Whole Foods Market as...
AMAZON WILL BEGIN slashing prices on a broad cross section of Whole Foods groceries Monday. / BLOOMBERG FILE PHOTO/TY WRIGHT

Amazon to cut prices at Whole Foods as acquisition closes

NEW YORK - Amazon.com Inc. is wasting no time bringing its reputation for undercutting competitors to the grocery business through newly acquired Whole Foods...
ORGANIC HEALTH: Kimberly Cornwell, owner and founder of Celadon Road Inc., an organic health and products company that sells mostly online, holds the refill size of her lavender laundry detergent, which has all-natural ingredients. / PBN PHOTO/MICHAEL SALERNO

Local warehouse space in short supply with rise of e-commerce

As e-commerce continues to transform the retail industry, the demand for dependable, affordable storage space is on the rise in the United States. The trend...
AN EMPLOYEE STOCKS the shelves with fresh peppers in the produce section of a Whole Foods Market Inc. store in Dublin, Ohio, U.S., on Friday, Nov. 7, 2014. Whole Foods Market Inc. posted fiscal fourth-quarter profit that topped analysts' estimates as the grocery-store chain slashed prices to win over bargain-hunting shoppers. The shares soared the most in four years. BLOOMBERG FILE PHOTO/ TY WRIGHT

Amazon to acquire Whole Foods in $13.7B bet on groceries

Updated at 10:22 a.m. NEW YORK - Amazon.com Inc. will acquire  Whole Foods Market Inc. for $13.7 billion, a bombshell of a deal that catapults the...
AMAZON IS REPORTEDLY EXPLORING an entrance into the pharmacy business. / BLOOMBERG

Amazon’s long shadow falls on the pharmacy business

NEW YORK - It's hard to think of an industry Amazon.com Inc. isn't currently trying to conquer, or at least thinking of conquering. Pharmacies...
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