561–568 of 568 posts
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One day, Amazon, Google, and Apple will also die. It's the circle of life. Sears operated for 126 years - astounding in our era.
maybe they will turn into world government, like in Wall-E.
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Based on my own experience with Amazon's own AMZL delivery service, it's a big advantage for their competitors who don't subject customers to this experience.
The only real positive side to this infrastructure are the Amazon Lockers that are paid for as part of the shipping service and actually at good locations most of the time. (While later movers like UPS and FedEx have stuck their lockers at SUPER ANNOYING locations). It's really too bad the post office can't just setup something like this at the actual post-offices and be open for any carrier for a small fee. That'd s…
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Not everywhere. In the UK that would be Argos or Littlewoods. I've only heard of Sears in passing on American TV shows.
And in America, nobody's ever heard of Argos or Littlewoods. So what's your point?
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All things are clear with the power of hindsight. But if it were so simple you'd already know which company to throw your money at today and be a billionaire in a decade. Do you?
True, but why laugh at Amazon? What can you possibly gain by picking on the "little guy"? The reporter is supposed to be an expert in this field. That's why 60 minutes hired him, instead of someone else, for the job. I am sure there was no shortage of applicants who wanted this job. Why couldn't he be more open-minded and supportive of a startup like Amazon? Instead of constantly laughing at Amazon and Jeff Bezos (li…
Being open minded and supportive is probably a stretch when something sounds so outrageous that you simply can't believe it's anchored to reality in any way. I assume this is how it felt back then. Probably there were situations where you yourself became derisive of certain things you simply couldn't conceive could be different only to be proven wrong some time later.
Where is the SEC investigation into the CEO’s looting and plundering of the company? Why have they allowed the CEO to also be the company’s biggest creditor? Too busy with Elon’s tweets?
> Where is the SEC investigation into the CEO’s looting and plundering of the company? Is that even a violation of anything within the SECs purview, if all the reporting is in order so that the stockholders have the information about what is going on?
Layoff data for these retailers here, if someone's interested in it.
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There was a significant gap between Amazon launch and having two-day shipping — it took years of behind the scenes development before orders started arriving notably faster than other retails. Sears' numbers include regular postal delivery in both directions so switching to online ordering would have cut them in half with no other changes (and don't forget the efficiency wins from orders arriving as validated electro…
The pricing benefit really cannot be understated. Amazon was 40% less than list for books -- which was a massive amount, even if you lived in Barnes & Noble markets (and B&N wasn't as pervasive in 1996/1997 as your average mall bookstore was), where there were similar markdowns. And of course, you could get any book you wanted from Amazon. And then Amazon very quickly moved into media like CDs and DVDs. I used to ord…
The two main mall bookstore chains (Waldenbooks and B. Dalton) were, despite keeping their names, owned by and integrated with Borders and B&N respectively by the time Amazon existed.