Data News > Amazon Shuts Down 'Prime Try Before You Buy' Service and Halts Some DEI Programs
- Amazon to end 'Prime Try Before You Buy' service on Jan. 31
- Company also halts some of its diversity, equity, and inclusion programs
- Amazon discontinuing diversity and inclusion programs, according to internal memo
- Vertical Relevance achieves Premier Tier status in AWS Partner Network
- Analysts suggest investing in Amazon amid upcoming earnings report
Amazon is making headlines as it announces the discontinuation of its 'Prime Try Before You Buy' service, set to shut down on Jan. 31. This service allowed Prime members to try on clothing, shoes, and accessories and only pay for the items they wished to keep. The decision to end this service was confirmed via a notice on Amazon's website.
In addition to ending the 'Prime Try Before You Buy' service, Amazon is also halting some of its diversity, equity, and inclusion (DEI) programs. An internal memo revealed that the company is in the process of winding down outdated programs and materials as part of a broader review of numerous initiatives. This move comes after Meta announced its own decision to end its diversity efforts.
Furthermore, Amazon.com is reported to be scaling back on its diversity and inclusion programs, as detailed in a memo to employees in December. The company is streamlining its initiatives in this area, a move that has been seen in light of recent announcements by other major corporations.
In a separate development, Vertical Relevance has achieved Premier Tier status in the AWS Partner Network (APN), marking a significant milestone for the company. This accomplishment positions Vertical Relevance as a key player in the Amazon Web Services ecosystem.
As investors look ahead to Amazon's next earnings report, analysts are suggesting that now may be a favorable time to invest in the tech giant. Despite a period of consolidation and sideways trading, Amazon's stock has been a top performer, delivering substantial gains in recent years. The upcoming earnings report could potentially trigger a breakout for the stock.
Amazon's decision to shut down its 'Prime Try Before You Buy' service and curtail some of its DEI programs reflects a strategic shift within the company. These moves, along with Vertical Relevance's achievement in the AWS Partner Network and analysts' recommendations to invest in Amazon, highlight the evolving landscape of the tech industry and the opportunities it presents for investors.
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Amazon Shuts Down 'Prime Try Before You Buy' Service and Halts Some DEI Programs
By KlickAnalytics Data Insights | January 10, 2025 08:04PM ET
Key Points
- Amazon to end 'Prime Try Before You Buy' service on Jan. 31
- Company also halts some of its diversity, equity, and inclusion programs
- Amazon discontinuing diversity and inclusion programs, according to internal memo
- Vertical Relevance achieves Premier Tier status in AWS Partner Network
- Analysts suggest investing in Amazon amid upcoming earnings report
Amazon is making headlines as it announces the discontinuation of its 'Prime Try Before You Buy' service, set to shut down on Jan. 31. This service allowed Prime members to try on clothing, shoes, and accessories and only pay for the items they wished to keep. The decision to end this service was confirmed via a notice on Amazon's website.
In addition to ending the 'Prime Try Before You Buy' service, Amazon is also halting some of its diversity, equity, and inclusion (DEI) programs. An internal memo revealed that the company is in the process of winding down outdated programs and materials as part of a broader review of numerous initiatives. This move comes after Meta announced its own decision to end its diversity efforts.
Furthermore, Amazon.com is reported to be scaling back on its diversity and inclusion programs, as detailed in a memo to employees in December. The company is streamlining its initiatives in this area, a move that has been seen in light of recent announcements by other major corporations.
In a separate development, Vertical Relevance has achieved Premier Tier status in the AWS Partner Network (APN), marking a significant milestone for the company. This accomplishment positions Vertical Relevance as a key player in the Amazon Web Services ecosystem.
As investors look ahead to Amazon's next earnings report, analysts are suggesting that now may be a favorable time to invest in the tech giant. Despite a period of consolidation and sideways trading, Amazon's stock has been a top performer, delivering substantial gains in recent years. The upcoming earnings report could potentially trigger a breakout for the stock.
Amazon's decision to shut down its 'Prime Try Before You Buy' service and curtail some of its DEI programs reflects a strategic shift within the company. These moves, along with Vertical Relevance's achievement in the AWS Partner Network and analysts' recommendations to invest in Amazon, highlight the evolving landscape of the tech industry and the opportunities it presents for investors.
For more information:
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