Amazon Scout; a six-wheeled robot is making deliveries in Snohomish County, Washington State, and Irvine, California, a press release and media reports claim. Interestingly, they design Scout; which is about the size of a baby carriage, to operate on the sidewalks.
A major threat to Family Dollar, and Colgate Palmolive, is Amazon Prime which gives consumers free shipping on all their basic needs for $12 a month. Statista estimates there were 103 million US Amazon Prime subscribers in March 2019 up from 95 million in June 2018. Moreover, Statista estimates the average Prime Member spends $1,400 on Amazon each year. Thanks to Amazon Prime, Americans are more used to shopping online.
Human managers often waste employees’ time with micromanagement, nick picking, needless training, and useless advice. Thus, eliminating managers could make stores more efficient and improve employee morale.
Those who invest for the Retail Apocalypse will make a lot of money because the great die off of retailers is real and getting worse. As of 21 June…
Among other things, Morgan Stanley cites Apple (NASDAQ: AAPL) and Goldman Sachs (NYSE: GS) plans to launch as a source of value. Thus, Morgan Stanley’s analysts believe Apple Pay is the clear leader among American digital wallets.
Wayfair’s growth over the past few years has been explosive. For example, Statista estimates the number of active Wayfair customers grew from 10.99 million in 2017 to 15.16 million in 2018. Moreover, Statista calculates Wayfair had only 2.09 million customers in 2013, 3.22 million customers in 2014, 5.36 million customers in 2015, and 8.25 million customers in 2017. Thus, Wayfair’s customer base grew by 13.07 million shoppers in just five years. Sales volume is also exploding at Wayfair. Notably, Statista estimates the number of orders Wayfair ships grew from 3.31 million in 2013 to 28.08 million in 2018. Specially, Wayfair shipped 5.24 million orders in 2014, 9.17 million orders in 2015, 14.06 million orders in 2016, and 19.41 million orders in 2017.
We can sum Bed Bath & Beyond’s woes up in three words; Amazon (NASDAQ: AMZN), Wayfair (NYSE: W), and Walmart (NYSE: WMT).
Dynamic Yield’s platform could theoretically analyze a customer’s orders, and discover that individual usually buys a Big Mac around 1:30 p.m. on Tuesday. Consequently, Dynamic Yield could send the person a text or an email with a coupon for a free drink with a Big Mac at 1:00 p.m. on Tuesday. Accordingly, Dynamic Yield has built a “Triggering Engine.” A Triggering Engine is an app that automatically generates and sends emails and push notifications that will supposedly reach customers at critical moments.
Instead, almost everything labeled AI these days is merely better data processing. For example, in robotic process automation digital algorithms perform a function such trading stocks repeatedly. They call it robotic because a digital robot does the work. However, a digital robot merely mimics a human action without thinking.
Currently, Digit rides in the back of the van and unfolds itself after arriving at the house. Under the current plan, Digit will recharge itself in the back of the van, and get directions from the van’s sensors.
You can now use Google Pay on the New York subway, and Apple Pay in Hungary. The Metropolitan Transportation Agency (MTA) is accepting Google Pay at some subway station ticket…
Therefore, people are buying stock in a company that loses money on its investments that is expanding its investing activities. Ben Graham was right “Mr. Market is insane.” Moreover, it is not clear how Zillow will pay the houses to buy to flip. For instance, Zillow had just $651,058 in cash and equivalents, $66,083 in receivables, and $903,867 in short-term investments on 31 December 2018. Hence, Zillow had assets of $1.892 billion at the end of 2018. Consequently, I think the only ways Zillow can finance the flips are to borrow money or issue collateralized debt. Thus, Zillow is adopting the business model that led to the mortgage catastrophe of 2007 to 2008.