|From: kyleLennon (Rep: 0)||Date: 04/27/2018 08:38|
|Forum: Amazon - Msg #5125||Thread #674005886 (Rec: 0) |
|Amazon is increasing the price for Prime, as it saw strong gains from its retail segment. This is partly because of Whole Foods, which it acquired last year.|
Retail sales increased 46% year-on-year to $30.7 billion this quarter. Analysts forecasted that the retail segment in North America would have an operating income of $660 million in the quarter.
Now analysts think that the North American segment could see a surge in coming quarters from the Prime subscription service.
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