business news in context, analysis with attitude

…with brief, occasional, italicized and sometimes gratuitous commentary…

• The Daily Herald reports that Amazon has opened its first "Amazon 4-Star" store in the Chicago area, in the Oakbrook Center mall, selling only products that have been rated four stars or more on the website. It is the seventh such store opened in the US.

Some context from the story: "The store will not carry food, and there was no clothing there Wednesday. Not all items will have the Prime discount.

"But there were books, kitchen gadgets, toys and, of course, Amazon products such as Kindles, Firesticks and Echo smart-home devices.

"The store joins six others around the nation. It does not accept cash for payments.

"It's in the former Sears building, in the corner where the one-time self-proclaimed World's Largest Store company sold misses' clothing. Sears, an original tenant of the 57-year-old mall, closed its store in April."

That's what I call context.

Viva Las Vegas! Amazon announced yesterday that it is opening a new 30,000 square foot corporate office in Las Vegas, where it will create 125 new jobs.

It is part of broader growth for the company in Las Vegas: "The company has created more than 3,500 full-time jobs in Nevada and invested over $2.5 billion in the state since 2011, including infrastructure and compensation."
KC's View: