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| June 24, 2017

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Amazon Has New Plan to Dominate Online Clothing Sales

June 22, 2017 |

Amazon will soon let customers order clothes and have them delivered to their homes—without paying for them first. The New York Times reports Prime Wardrobe represents the latest in Amazon’s ongoing process of eliminating every barrier to shopping online. It works like this: Amazon Prime customers can order three…
Newser

Amazon and Whole Foods could revolutionize grocery delivery. But do shoppers want it?

June 21, 2017 |

A giant in the technology industry had a bold idea: reinvent the way people shop, rendering grocery stores a quaint reminder of the past.

That company was Webvan, and it attracted $ 800 million in funding before filing for bankruptcy at the peak of the dot-com bust nearly two decades ago. The lesson…


L.A. Times – Business

Speculation grows that Amazon will face a rival bidder for Whole Foods

June 20, 2017 |

Amazon.com’s plan to buy Whole Foods Market Inc. sparked an avalanche of discussion about how the online retail giant could transform the U.S. grocery industry in the years ahead.

But Amazon’s $ 13.7-billion deal might not be the last word on the merger itself.

Wall Street signaled Monday that it…


L.A. Times – Business

Amazon Deal for Whole Foods Unites Maverick CEOs

June 18, 2017 |

Amazon’s planned $ 13.7 billion acquisition of Whole Foods unites two maverick businessmen who will now have to blend very distinct approaches to make the deal a success.
WSJ.com: US Business

Amazon Leads Tech’s Takeover of America

June 18, 2017 |

A handful of tech giants are spreading their tentacles into industries no one ever expected them to and reshaping our world in their image.
WSJ.com: What’s News Asia

Wal-Mart’s answer to Aldi and Amazon: ‘designer’ cantaloupe

June 17, 2017 |

Offseason cantaloupes, Wal-Mart executives say, “taste like a piece of wood.”

Which is why the retail giant set out to create a “designer” melon that tastes as sweet and flavorful in winter as it does in summer. The Sweet Spark, as it is called, has been in the works for two years and is up to…


L.A. Times – Business

Amazon to Buy Whole Foods for $13.7 Billion

June 17, 2017 |

Amazon said it would buy Whole Foods for $ 13.7 billion, including debt, instantly transforming the online giant into a major player in the bricks-and-mortar retail sector it has spent years upending.
WSJ.com: What’s News Asia

Amazon Leads Tech’s Takeover of America

June 17, 2017 |

A handful of tech giants are spreading their tentacles into industries no one ever expected them to and reshaping our world in their image.
WSJ.com: US Business

Amazon is buying more than Whole Foods — it’s getting 460 stores it can turn into warehouses and showrooms

June 16, 2017 |

Amazon can ship books, furniture and clothing across the Pacific Ocean in what feels like a blink of an eye. But when it comes to delivering fresh groceries to your doorstep, the e-commerce giant’s logistical prowess wilts like a bag of salad left out in the sun.

That’s because the long journey…


L.A. Times – Business