“So all and all a great day for Amazon, our sellers and our customers,”?Brian Olsavsky, Amazon’s chief financial officer, told reporters?on a call shortly after the report was released.?“We will continue it in future years to make it bigger and better.”
“I’m really glad I asked – the responses have been very helpful and have already changes my thinking about how to approach this,” said Bezos, who currently ranks as the world’s third-richest person.
“Now, the whole issue about ecommerce, at the end of the day, is it’s very expensive to deliver things to residences. Not every residence gets a package every day, and it’s quite unlikely that every residence will start getting an item every day.
“Our goal is to emerge as a member-centric company, reorganized around a smaller platform of profitable stores, with the capital needed to allow us to prosper in the future,” Sears Holdings, the parent of both Sears and Kmart, said in a statement. It added that not only do brick-and-mortar locations remain open, but that its “online and mobile platforms … are open and continue to offer a full range of products and services to members and customers.”
“The Chinese government has stated its position many times. We absolutely will not fire the first shot and will not implement tariff measures ahead of the US doing so,” the Ministry said.
“The reason it’s a test is because we’re still tinkering with the business to try to make the economics acceptable,” Bezos said exactly two years ago. “It’s an expensive service to provide. We’re basically working on it here in Seattle, seeing if we can get it to work. It’s a similar kind of operation to what HomeGrocer did 10 years ago, what Webvan did 10 years ago. We like the idea of it, but we have a high bar on what we expect in terms of the business economics for something like Amazon Fresh in terms of profitability and return on investment capital.”
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“Over time, we’ll see slowing growth in the number of smart speakers as people turn to voice assistants built into other things within homes, vehicles and on-the-go,” said Victoria Petrock, a principal analyst at eMarketer, in a statement at the time. “Amazon’s next challenge will be to maintain its dominance in these other environments as well.”
“It’ll be interesting to see how the book retailer that relies on algorithms and readers’ recommendations and cold sales metrics will do in a brick-and-mortar space, where customers are used to dealing with booksellers who love books and have a lot of personal knowledge of the kind that is opposite of Amazon’s corporate approach,” he noted.
“She’s just never felt like an old person to me,” Thompson said about his mother’s mother. “My grandma was always up to speed, in tune with what’s going on. She can have a conversation about any viable topic you want to get into. She’s very opinionated.”
“My mother-in-law has trouble concentrating, and often stares blankly into space when watching TV. My father-in-law goes out to find odd jobs every day to distract himself,” Wan said.