While Amazon Was Distracted, FedEx and UPS Made Their Moves [The Motley Fool]
Amazon.com, Inc. (AMZN)
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Source: The Motley Fool
Earlier this year, I suggested the biggest threat toAmazon(NASDAQ:AMZNWalmartcollectively taking actionA handful of that gang of competitors just announced their next moves in their chess battle against the king of online shopping. With Amazon's delivery ambitions on hold while it focuses solely on meeting consumers' needs in the midst of the coronavirus contagion,FedExNYSE:FDXUPSNYSE:UPSNeither move is a death blow. But this is the sort of action I was talking about.Image source: Getty Images.Bypassing Amazon's sales and delivery ecosystemThe UPS announcement is interesting, even if small in scale. It's now using several Michaels stores -- the craft stores that are part ofThe Michaels CompaniesNASDAQ:MIKConsumersIt's not a direct business-building tool for Michaels, particularly given that it can all be done curbside. But it's a partnership that at least gets prospective shoppers to a brick-and-mortar store and likely keeps consumers out of Amazon's sales and delivery web.FedEx's ann
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website