If you talk to many people in the retail "brick and mortar" industry (and maybe publishing), they will probably tell you that Amazon is the new "evil empire" – ousting Walmart. The reason why retail is losing money, closing stores, malls becoming inhabited and general despair. In the mid-1990s of … [Read more...] about Does Amazon Have The Prescription Right?
So you read the previous article of Amazon's acquisition of Whole Foods. More to quench your business and technology appetite (don't worry, no calories). Amazon's one Achilles Heel (yes, they have one). Delivering fresh and perishable food is a much different operational activity commodity than … [Read more...] about Is Amazon Creating a Whole Retailer? Part II
OK, I guess that I had a premeditation moment in early May. Posting a blog article suggesting that Amazon should purchase one of the cable shopping channels and add it to its retail portfolio. I was "close" :-). Think about this ... probably for the first time in its history ... the retail … [Read more...] about Is Amazon Creating a Whole Retailer?
In a previous post, I discussed how Target used GuestID numbers and advanced algorithms to track and predict customer buying habits. Target is just one example of a retailer using big data to enhance business. The real juggernaut of retailers using big data should not be a surprise—Wal-Mart. The … [Read more...] about What Does Big Data Miss? A Look at Soft Data!