Normally nobody would ask if a company that reported $122.662 billion in revenues last year can survive. We are notRead more
A true nightmare for dollar stores would be caught in the squeeze between Automated Walmart and Amazon Go. Dollar stores are already caught in the increasingly brutal crossfire between Amazon.com and Walmart.com.
The No-Man’s land between Automated Walmart and Amazon Go would be far worse. A true nightmare for dollar stores would be both retailers using their automated stores as neighborhood fulfillment centers for same-day delivery.Read more
The biggest of those partners is Amazon’s (NASDAQ: AMZN) artificial intelligence (AI) division. This is apparently the machine learning arm of Amazon Web Services (AWS) which aims to put machine learning in the hands of every data scientist and developer. That sounds a great deal like Aitheon’s plans to allow anybody to offer AI to everybody through its blockchain platform.Read more
It looks as if the technological jobs apocalypse is occurring at America’s largest employer Walmart.
The world’s largest retailer has plans for a store where customers would simply take merchandise and walk out the door without stopping at a register, Recode revealed. Instead, cameras, sensors, and employees on the floor would keep track of purchases.
My take is that the major grocers; and high-end grocers like Whole Foods, will survive but many of the regional and discount chains will not. Instead of being a direct threat to grocers, Amazon will be an indirect threat taking some business and providing another headache for grocers.Read more
Hundreds of thousands of retail jobs are vanishing before our eyes.Read more