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Amazon announces 'largest reduction in plastic packaging,' doing away with air pillows [USA TODAY]

Amazon.com, Inc. (AMZN)  More Company Research Source: USA TODAY
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
USA TODAY is changing how it boxes packages, swapping out plastic air pillows with recycled paper, a move the company says is more eco-friendly and will provide just as much protection, "if not better." The change, , is part of a multi-year plan to remove plastic delivery packaging from fulfillment centers in North America. The company says replacing the roughly 15 billion plastic air pillows used every year with recycled paper is the "largest reduction in plastic packaging in North America to date." Amazon aims to “fully remove” plastic air pillows in packages by the end of the year, according to Pat Lindner, vice president of mechatronics and sustainable packaging. He adds that most, if not all, packages ordered and delivered on Prime Day in July will be packed with paper filler. "We want to ensure that customers receive their items undamaged, while using as little packaging as possible to avoid waste, and prioritizing recyclable materials," Amazon said in a news release. [Read more]

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Stockreport

Amazon announces 'largest reduction in plastic packaging,' doing away with air pillows [USA TODAY]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
USA TODAY is changing how it boxes packages, swapping out plastic air pillows with recycled paper, a move the company says is more eco-friendly and will provide just as much protection, "if not better." The change, , is part of a multi-year plan to remove plastic delivery packaging from fulfillment centers in North America. The company says replacing the roughly 15 billion plastic air pillows used every year with recycled paper is the "largest reduction in plastic packaging in North America to date." Amazon aims to “fully remove” plastic air pillows in packages by the end of the year, according to Pat Lindner, vice president of mechatronics and sustainable packaging. He adds that most, if not all, packages ordered and delivered on Prime Day in July will be packed with paper filler. "We want to ensure that customers receive their items undamaged, while using as little packaging as possible to avoid waste, and prioritizing recyclable materials," Amazon said in a news release. [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS