The company's Series A shares will continue to trade following a reverse stock split while its Series B shares will be delisted.
Amazon Opens Store Focused on Best-Reviewed Products
“Amazon 4-star” joins grocery and book stores in the retailer’s growing fleet of brick-and-mortar locations.

New York—Amazon is testing out another new brick-and-mortar concept—a store stocked with only its newest or most popular items.
The retailer announced via its blog this week that it has opened “Amazon 4-star” in New York, which sells products that have received a rating of four or five stars on Amazon.com, are top sellers, or are new and trending on the e-commerce site.
The retailer said the store is “a direct reflection of our customers—what they’re buying and what they’re loving.”
Amazon 4-star also has a section for “Most-Wished-For,” products, or the most frequently added to wish lists on the website; “Trending Around NYC,” items most frequently bought by New York City-area customers; a section of “Frequently Bought Together” items; and an area for “Amazon Exclusives.”
In addition to giving the online retailer another customer touchpoint, the new store also aims to get as many customers signed up to Prime as possible. All products in the store are displayed with both the list price—which is what non-Prime members pay in the store—and the Prime price, the price the product sells for on Amazon.com with Prime membership. Amazon said any non-Prime members who want the lower Prime price can sign up for a 30-day trial in the store.
Amazon 4-star joins book stores and cashier-less grocery stores, as well as the Whole Foods chain in the once online-only retailer’s growing fleet of physical stores.
Its opening comes at a time when fresh concerns have arisen about the validity of reviews on Amazon.com, with the retailer publicly acknowledging that fighting fake reviews is a constant, ongoing battle.
Amazon 4-star is located at 72 Spring St. between Crosby and Lafayette streets in New York’s SoHo neighborhood. Hours are Monday-Saturday from 10 a.m. to 9 p.m., and Sunday from 11 a.m. to 8 p.m.
The Latest

Communicating clearly with your staff is key to navigating turbulent times, writes columnist Peter Smith.

The “Inner Journey” collection debuted as the brand celebrated its 25th anniversary, with designs inspired by Morais’ journey.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Sales for Richemont’s four jewelry brands increased 8 percent, while watch sales picked up toward the end of the year.


Two scholarships are available, one for new and non-members and another for NAJA certified members.

The retailer’s new flagship is set to open in October at the Tuscan Village development in Salem, New Hampshire.

Supplier Spotlight Sponsored by GIA

Sapphires, emeralds, and rubies are finding their place in a U.S. market captivated by the gemstones once referred to as “semi-precious.”

Plus, parent company Saks Global announces plans to cut ties with up to 600 vendors.

Peter Smith joined Michelle Graff to chat about the state of brick-and-mortar stores and share a few book and podcast recommendations.

The necklace features a candy-colored Australian white opal in 18-karat Fairmined gold, as the brand was named a Fairmined ambassador.

Sponsored by the Las Vegas Antique Jewelry and Watch Show

A private American collector purchased the 10-carat fancy vivid blue diamond.

The designer has taken the appeal of freshly picked fruit and channeled it into a capsule collection of earrings, necklaces, and pendants.

The country’s gem and jewelry exports fell 5 percent year-over-year last month, while imports declined 18 percent.

Around 54 million Americans and counting live with a disability. Here’s how to make your jewelry store and website more accessible.

The event is also accepting poster submissions now through June 16.

Before Pope Leo XIV was elected, a centuries-old procedure regarding the late pontiff’s ring was followed.

The one-of-a-kind platinum Rolex Cosmograph Daytona was estimated to fetch up to $1.7 million.

While the product has entrenched itself in the market, retailers and consultants are assessing the next phase of the category’s development.

The police are trying to identify the man suspected of robbing two Tiffany & Co. locations in the area.

The well-known Maine jeweler takes over for Brian Fleming and will serve a one-year term.

The donation was the result of the brand’s annual Earth Day Ingot event.

Located in NorthPark Center, the revamped store is nearly 2,000 square feet larger and includes the first Tudor boutique in Dallas.

The nonprofit has made updates to the content in its beginner and advanced jewelry sales courses.

BIJC President Malyia McNaughton will shift roles to lead the new foundation, and Elyssa Jenkins-Pérez will succeed her as president.