Loyalty has come a long way in the payments realm, from the days when strict terms of rewards programs were more frustrating than enticing for consumers. Gone are the days when you had to redeem points for miles and miles for flights – but only if...
Build it and they will come — in this case, times two. Apologies for the cliché (some of us miss baseball already), but that’s the story with Amazon and its split decision Tuesday (Nov. 13) on its new headquarters. The Seattle-based eCommerce operator and cloud...
The Amazon Effect has spurred pharmacies to reach beyond the drugstore aisles, virtual and physical. As noted this week by CNBC, two giants in the field, Walgreens and CVS Health, have been refashioning themselves as healthcare companies eyeing the patient care continuum. The latter firm,...
Even as online shopping becomes more and more of the norm, 90 percent of consumers still prefer heading to brick-and-mortar stores to shop for and purchase food and other grocery products. That’s not to say online shopping and experiences aren’t becoming more important for grocery,...
December 04, 2018
Loyalty has come a long way in the payments realm, from the days when strict terms of rewards programs were more frustrating than enticing for consumers. Gone are the days when you had to redeem points for miles and miles for flights – but only if you were flying two years from that day, on the […]
November 14, 2018
Build it and they will come — in this case, times two. Apologies for the cliché (some of us miss baseball already), but that’s the story with Amazon and its...
August 28, 2018
Whole Foods has seen an increase in foot traffic at more than 100 U.S. locations in the year since its acquisition by eCommerce giant Amazon for $13.7 billion, stealing customers from rivals like Trader Joe’s, Walgreens and Dollar Tree Stores. Amazon has used discounts to attract loyal Prime members to the physical stores. Data from Sense360, […]
May 15, 2018
As shares of Home Depot have risen with the coming of spring, some investors are bullish on the chain and believe it can compete with online retailers such as Amazon....
March 02, 2018
When asked why inflation has been so low for the past decade, Federal Reserve Chairman Jerome Powell had an interesting answer: the Amazon effect. “It’s a global phenomenon. We don’t...
December 12, 2017
The ability and tendency of the average American consumer to hit the web to purchase goods or at least research them and their price has created something for a difficulty...
