In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
The future of Uber might just be in retail and delivery, just as the future of supermarkets could be in delivery apps. That means, app-based driving will be the next frontier for unions, and the Independent Drivers Guild could one day be bigger and more powerful than the Teamsters.
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Citigroup received more than 1.5 million customer-complaint phone calls about the Costco Everywhere Card during the first two days of the roll out; June 21-23, Bloomberg reported. Costco also took a lot of heat; with its Facebook page filling up with complaints about the Visa product.
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In my rather unscientific test and examination of Walmart’s Shipping Pass, I discovered some serious problems with the system. A major flaw I noticed was that items were shipped from stores, long distance. For example the sunscreen was shipped from Idaho to Memphis and back to Colorado.
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t looks as if Current C is probably dead, but at least two major new payment apps are rising from its ashes. Both Walmart Pay and Chase Pay have the potential to be far larger than Apple Pay, which is bad news for Apple Inc. (NASDAQ: AAPL). Those brands and not Apple Pay could be the future of payment.
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Entering the payment arena with Walmart Pay. One of Walmart’s underappreciated capabilities is its ability to process vast numbers of payments quickly and efficiently. The company is greatly increasing its payment capabilities with Walmart Pay; a contactless payment solution similar to Apple Pay.
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With numbers like these, one has to wonder if Macy’s and Dillard’s businesses are sustainable. These companies will have to make major numbers of store closings and other cutbacks just to stay in operation.
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Low margins and intense competition make both Whole Foods and Sprouts bad investments. Both of these chains will struggle to survive in a market filled with larger and far better capitalized rivals in the near future. My prediction is that either Whole Foods or Sprouts will enter the death spiral at some point before the year 2020.
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$33 million in cash from operations, that’s right folks, Office Depot only generated $33 million from $14.15 billion in sales. This number is particularly frightening because Office Depot reported $184 million in cash from operations in March 2015. The company’s cash from operations decreased by $151 million in just a year.
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These numbers show us that Proctor & Gamble is a great company with a good business model that generates a lot of float. It has a lot of cash and that cash is increasing. These numbers mean that the revenue losses might not affect the company’s long term operations.
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Incomes for Dollar Tree’s target market, the lower class, fell even more. Pew reported that the average lower class household made $26,496 a year in 2000 and $24,074 in 2014. That is a $2,422 drop in income, meaning that the average lower-class household’s income has fallen by 10% in 15 years.
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