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Amazon, in Broad Cost-Cutting Review, Weighs Changes at Alexa and Other Unprofitable Units

CEO Andy Jassy is leading the review including the devices unit that encompasses Alexa and which has had an annual operating loss of $5 billion in some recent years, documents show. Read More...

American City Business Journals

Exclusive: Clermont land sells to Costco for Plaza Collina store

Costco has purchased the land in Clermont where it intends to build a new, long-rumored store, Orlando Business Journal has learned. The location, within the Plaza Collina development on State Road 50, just west of the Orange-Lake county line, will soon be home to a 151,000-square-foot Costco store and its associated parking. Meanwhile, the opening of the store will create full- and part-time job opportunities, as the typical Costco employs more than 300 people, according to Buzzfeed.

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