Posted on 03/27/2018 12:23:47 PM PDT by conservative98
The beginning of the end for Amazon.
Why not, saves something from their bankruptcy and there is still a value for an in-person. They’ve already been pilot a few around the country.
Once they run everyone out of business, who’s going to have the products on display.
The days of going into a brick and mortar, taking a picture and then ordering cheaper online can’t last forever.
But you may be right, once Amazon has brick and mortar, someone else will Amazon them.
Small convenience type stores were the pilots. These are big stores.
From everything most people have read and the ancillary employee stories they’re just wrecking everything Whole Foods was good at and known for.
So yes, sure, take the Toys R Us stores, heap more brick and mortar failure on yourselves.
Amazon’s lack of humility and growing lack of focus is quite astounding.
They don’t do Prime Video as well as Netflix, HBO Go do movies and originals. They don’t do Prime Music as well as Apple, Spotify or Pandora. The Washington Post is a running joke. Outside of actually selling stuff online they aren’t making headway in all of these branching out efforts.
If their drone delivery works even remotely well for a lot of things it’s game over for anyone trying to compete against them in that space. However everything else they are burning through a lot of capital.
That’s not a boo hoo, just a fact.
Just looking. As the article points out, they’ve looked before. But enough of the competition is closing they might need showrooms of their own soon.
Of course given Whole Foods drop in sales and profitability they weren’t actually good at what they were known for.
Amazon’s never been focused or humble. They’ve been acquiring an average of 4 companies a year for 20 years. They are all about horizontal expansion and have been since day 1.
Thanks conservative98.
As far as I can tell it’s their own money they want to spend.
“The beginning of the end for Amazon.”
This could be. Wasn’t the whole reason amazon rocked so many brick and mortar businesses was not paying rent on both stores and supply warehouses.
Should be interesting at least
KYPD
Amazon’t current business model is DC to shipping company to buyer. Now you have to male stores look inviting, well merchandised, staffed, check outs, etc. All that requires staff, additional supply chain etc.
Because Whole Foods has worked out so well.
“...well merchandised, staffed, check outs, etc. All that requires staff...”
It is hoped Amazon would find the best instructor to give classes to the persons they find will need to be hired. Customer service and interaction has gone to the dogs the past decade. FEW ever say ‘thank you’ while taking your money. FEW say ‘come back to see us or ‘we’ll call you when that comes in’
Shopping is not near as much fun and enjoyment as it was once. But, of course, this is before a
“male stores look inviting, well merchandised” well stocked male store :-) Once one of these opens their doors, perhaps the mind will have been changed.
Thanks, Matt. Your post contributed to making a smile this afternoon.
Dunno. The only profitable part of Sears for a long time were the small stores that didn’t carry much, if any, inventory, but mainly served as a hub for drop off and pick up of catalog items.
The Amazon storelets could serve much the same purpose — small showroom, but mainly just an economical hub for delivery and return.
That's my take as well. All the other companies that over-expanded their brick and mortar footprints have all ended up having to close stores in order to continue making a profit.
You should try our local Ace Hardware store. The owner is always there, always asks what you are working on, loves to discuss projects with you, has super trained people, ALWAYS says “Thanks for your business,” takes anything back without a receipt. His store is filled to the rafters with all sorts of stuff and he will order anything you want. Prices are great. Best place to shop for hardware anywhere in the entire country. It feels like 1958 in there with the inventory, the breadth of goods and the great service. I give him all the business I can.
Amazon may want to lose a few billion per year for 5 years until WalMart is driven under. They could EASILY do this. Unfortunately, WalMart currently employs 2.3 MILLION people (Amazon about 600,000).
We love our local Ace store.
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