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  • Amazon Is Killing Retail [View article]
    I had to add my 2 cents about this article. As an associate of Amazon, I feel the need to defend the company. Amazon has never and will never care about what Wall Street thinks. The stock has gone up and down in the last 10 months. The corporate strategy is to provide the best customer service and get products to the customer in a timely manner. It is up to the leaders in the warehouses to achieve this and cut costs without sacrificing customer satisfaction. Not many companies function that way. As far as destroying capitalism... It is up to Amazon's competition executive staff who earn 9 digit salary to come up with a strategy and compete in the changing market. An earlier comment here mentioned Wal-Mart. They have figured out how to compete. I fear that government is changing laws because of a companies brilliant plan to dominate the online marketplace!
    Jul 10 12:45 PM | 9 Likes Like |Link to Comment
  • Now that Amazon (AMZN) reversed course over charging customers state sales taxes, speculation rages (I, II) over how far the company will go in expanding its reach and what will be the effect on local retail. While adding distribution centers across the U.S. to speed up delivery times seems like a given, will the company go one even one step further and open up stores to accelerate sale of its hardware products? [View news story]
    I think it will be interesting if Amazon allows customers to pick up items from the warehouses. This would allow a customer to have the item immediately instead of waiting the 2 days shipping. The reason this was not done in the past was because the customer would have to pay sales tax. The only advantage brick and mortar stores had over Amazon was the immediate satisfaction. If Amazon can provide that, why would you ever shop at the mall again?
    Jul 12 03:32 PM | Likes Like |Link to Comment