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Amazon To Sell Technology Behind Grab-And-Go Stores To Other Retailers
Monday, March 9, 2020 - 5:46am | 441Amazon.com Inc.(NASDAQ: AMZN) will sell the technology behind its grab-and-go stores to other retailers, the e-commerce giant told Reuters on Monday. What Happened The Seattle-based company has already signed deals for what it calls "Just Walk Out" technology with multiple customers, a...
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How Amazon's Go Grocery Store 'Won Another Battle' Against Retail
Friday, February 28, 2020 - 9:51am | 378Amazon.com, Inc. (NASDAQ: AMZN) has yet to win the war against the physical retail universe but it certainly scored a victory with the launch of its new grocery store concept, according to Loup Ventures' Andrew Murphy. Amazon's Go Grocery store is the first-of-its-kind to offer consumers a...
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Is Amazon Doubling Down On Groceries With Second Brand?
Monday, November 11, 2019 - 1:56pm | 324Amazon.com, Inc. (NASDAQ: AMZN) confirmed Monday it plans on opening a second brand of grocery stores. What Happened Amazon's new initiative was brought into the public light after the company published new job postings for a grocery store in Woodland Hills, California, according to CNET. A...
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Report: Microsoft, Walmart Collaborate On Checkout-Free Retail Technology
Thursday, June 14, 2018 - 9:13am | 366Walmart Inc (NYSE: WMT) could soon compete with Amazon.com, Inc. (NASDAQ: AMZN)'s cashierless Amazon Go stores with the help of Microsoft Corporation (NASDAQ: MSFT), according to Reuters. What Happened Amazon's checkout-free Amazon Go retail stores may become...
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KeyBanc Projects 'Happy, Healthy' Holiday Numbers In Amazon's Q4 Report
Monday, January 29, 2018 - 12:15pm | 419Amazon.com, Inc. (NASDAQ: AMZN) is scheduled to report its fourth-quarter results after Thursday's market close. The numbers will be closely watched by Wall Street analysts, as they include the 2017 holiday shopping season. The Analyst KeyBanc Capital Markets' Edward Yruma maintains a...
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Kroger, Alibaba Have Talked About Alipay, But Not Much Else
Thursday, January 25, 2018 - 1:58pm | 388Kroger Co (NYSE: KR) spiked as high as 5.2 percent pre-market Thursday on a New York Post report citing an explored alliance with Alibaba Group Holding Ltd (NYSE: BABA)’s senior management. The article suggests Kroger’s interest in leveraging Alibaba’s cashierless supermarket...
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Could Amazon Bring Its Cashierless 'Go' Store Concept To Whole Foods?
Thursday, January 25, 2018 - 9:58am | 379Amazon.com, Inc. (NASDAQ: AMZN) opened its first Go store to the public this week, and one analyst said the cashierless warehouse is just the beginning of a grocer revolution. The Rating DA Davidson analyst Tom Forte maintained a Buy rating on Amazon and increased the price target from $1,500 to...
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Impinj Shares Down 50% In 2 Months, But KeyBanc Still Doesn't Want You To Buy
Thursday, August 24, 2017 - 9:06am | 473Since KeyBanc Capital Markets downgraded IMPINJ Inc (NASDAQ: PI) to Sector Weight in June, the stock has fallen 42 percent. And KeyBanc isn’t so certain as to which way it’ll go from here. “We need more visibility on when pushouts will return, more comfort that they’re not a...
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The Pain For Grocery Stocks May Have Just Begun Thanks To Amazon
Thursday, June 15, 2017 - 1:45pm | 462Grocery stocks are getting destroyed on Thursday, led by Kroger Co (NYSE: KR)'s poor outlook and a downgrade of Sprouts Farmers Market Inc (NASDAQ: SFM) after a 30-percent gain in 2017. Investors looking to take advantage of the weakness may want to reconsider as the biggest tailwind to the group...
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Retail Wars Move From Online To In-Store As Wal-Mart Tests Cashierless Store To Rival Amazon
Tuesday, May 16, 2017 - 7:54am | 838Traditional retailers are gearing up to take on the rivalry posed by online behemoth Amazon.com, Inc. (NASDAQ: AMZN). As a step in the right direction, Wal-Mart Stores Inc (NYSE: WMT) announced in a blog last week it's testing new approaches in two recently owned supercenters in Tomball,...
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Cheers To Amazon: E-Commerce Giant Applies For Liquor License
Thursday, February 23, 2017 - 4:39pm | 407Amazon.com, Inc. (NASDAQ: AMZN) is entering the liquor business, well sort of. The e-commerce giant has applied for a liquor license for its drive-through grocery store in Seattle, with two more rumored to open in Silicon Valley. Amazon’s latest venture streamlines the shopping experience,...
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Amazon Go Stores Facing False Job Killing Charges?
Friday, December 9, 2016 - 1:38pm | 747The online retail juggernaut Amazon.com, Inc. (NASDAQ: AMZN) is flexing its muscles in the grocery market with breakthrough technologies that could wipe away competition by pinching margins and profitability and also could potentially leave many Americans stranded without a job, so the argument...
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Amazon's Move Into These 3 Massive Markets Not Yet Embedded Into Valuation
Thursday, December 8, 2016 - 10:49am | 314Following the recent selloff in Amazon.com, Inc. (NASDAQ: AMZN) shares, which Benchmark’s Dan Kurnos believes was driven by “an irrational post-Trump retribution fear,” the stock has resumed its upward move, driven by the announcement of the launch of Amazon Go in 2017. Kurnos...
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Winners And Losers As Amazon Moves Into The Grocery Space
Wednesday, December 7, 2016 - 1:10pm | 461In early 2017, Amazon.com, Inc (NASDAQ: AMZN) will attempt to disrupt yet another major market: the supermarket business. A fully automated Amazon Go grocery store in Seattle is expected to be open to the public next year. There are no cashiers or lines at the store; customers are billed via an app...
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A First Look At Amazon Go
Wednesday, December 7, 2016 - 11:35am | 340Amazon.com, Inc. (NASDAQ: AMZN) has unveiled a new concept grocery store, Amazon Go, which bypasses the check-out process in online shopping. The company has not provided any technical details so far; however, terming the latest initiative as a “revolutionary concept,” Bernstein’s...