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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of airstrikes amid talks for potential Hormuz deal

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
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Amazon introduces free shipping for small items

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Kia Kokalitcheva
Kia Kokalitcheva
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By
Kia Kokalitcheva
Kia Kokalitcheva
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June 2, 2015, 7:53 PM ET
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Photograph by David Paul Morris — Bloomberg via Getty Images
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Amazon has introduced free shipping on all small lightweight items, with no minimum purchase necessary.

The online retailing giant’s new initiative means that all shoppers can buy thousands of products like cosmetics and phone accessories without having to fork over extra for delivery, according to a Bloomberg report. Until now, only subscribers to Amazon’s Prime membership or those whose orders totaled at least $35 qualified for free shipping.

Now, even certain $5 orders will reach your doorstep with you having to pay for postage.

One difference, however, is that shipping will take five to seven days instead of the two days Amazon offers to Prime members.

Amazon (AMZN) seems to be targeting cost-conscious shoppers who are more reluctant to commit to the Prime membership’s $99 annual fee but who will likely shop more from Amazon because of the free shipping. The move can also help Amazon remain competitive in the face of other retailers like Walmart (WMT) and Target (TGT) recently announcing their own fast-shipping programs for low fees.

For more about Amazon, watch this Fortune video:

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