Amazon Launches a Physical Store
Amazon Blog Post
The company announced that it’s launching Amazon 4-Star, a brick-and-mortar store that sells items which are: rated 4 stars and above, top sellers, or new and trending on Amazon.com.
Amazon 4-Star opens today in the SoHo neighborhood of New York. The store uses data from Amazon.com to feature products which are frequently purchased together, most wished for, or are trending purchases from customers located in New York.
Amazon Prime Members will also be able to receive special Prime member savings on products within the store.
Sotheby’s International Expands into Shanghai
Tera Realty Limited located in Shanghai, China will be the newest member of Sotheby’s International’s global network. The company will now operate as Tera Sotheby’s International Realty, this according to a company press release.
Tera Realty, which was founded in 2016, serves the residential real estate market in Greater Shanghai.
The deal helps Sotheby’s gain strategic exposure in the Shanghai market and strengthens the brand’s presence in Greater Asia. With this addition, the brand now has 50 offices in the greater Asia Pacific region.
The Sotheby’s International network consists of more than 22,000 affiliated independent sales associates located in over 960 offices in 72 countries and territories around the globe. The brand achieved global sales volume of $108 billion USD in 2017.
McDonald’s USA Drops the Use of Artificial Preservatives in its Classic Burgers
The fast-food chain announced that its classic burgers are no longer made with artificial preservatives, artificial flavors and added colors from artificial sources.
The classic burgers include the McDouble, Quarter Pounder with Cheese, and Big Mac.
The changes will affect all 14,000 U.S. restaurants.
The move adds to the company’s commitment of sustainable sourcing which includes the use of cage-free eggs in the United States and Canada by 2025.