• Amazon wants to Go convenient

    26 days ago - By Wall Street Survivor

    In a shocking new report coming from Bloomberg, Amazon is looking to ready a massive push into brick and mortar that would rival the largest c-store chains. A rumored 3,000 store push would put Amazon into the top operators of convenience stores, competing with the likes of 7-11, and it can do it quite easily.
    Leveraging the same sensor technology in the flagship AmazonGo store that opened in downtown Seattle, Amazon can leverage this tech to create a might higher margin brick and mortar business than that of its competitors, simply for the fact that it doesn't need as many...
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  • Amazon's cashierless stores could ring up $6 billion of new revenue - but the personal data it collects about customers could be a game-changer

    Amazon's cashierless stores could ring up $6 billion of new revenue - but the personal data it collects about customers could be a game-changer

    26 days ago - By Business Insider

    Amazon is reportedly considering opening up to 3,000 additional cashierless convenience stores.
    Such an expansion of its Amazon Go chain could bring in billions of dollars in new sales, Baird Equity Research analyst Colin Sebastian said in a new note.
    The new stores could prove valuable to the company in other ways too, such as by offering new insights into its customers and by giving it a new product it could offer other retailers, Sebastian said.
    Amazon could get a boost worth billions of dollars if it expands its network of cashierless convenience stores.
    The company is considering...
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  • California Bans Plastic Straws in Restaurants, But Exempts Fast Food

    26 days ago - By Fortune

    California Gov. Jerry Brown signed into law today the first state-wide ban on plastic straws, marking a huge milestone for what has become a worldwide movement.
    The new law that takes effect Jan. 1 covers dine-in restaurants, but allows restaurants to provide plastic straws for customers who request them and at fast-food outlets.
    California, the nation's most populous state, joins a growing list of places to ban single-use plastic straws that's accelerated as compostable and biodegradable alternatives have emerged. Seattle implemented the first ban in a major city in July on plastic straws...
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  • Take a look inside Restoration Hardware's stunning new flagship store, which has $7,000 chandeliers and its own rooftop restaurant

    Take a look inside Restoration Hardware's stunning new flagship store, which has $7,000 chandeliers and its own rooftop restaurant

    26 days ago - By Business Insider

    RH, formerly Restoration Hardware , just opened a stunning new flagship store in New York City.
    The store has fine art installations, a café, rooftop restaurant, in-house design consultants, and more.
    We visited the store to see just how over-the-top it is for ourselves.
    RH, formerly Restoration Hardware, just opened its six-story flagship store in New York City's Meatpacking District - and it is absolutely stunning.
    The store, which RH describes as a gallery, sells everything you'd need to furnish a home in a very high-end setting. It isn't anything like stores like Ikea or Pottery Barn...
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