EP071 - News Update, Amazon, Walmart, and Dept Stores

EP071 - News Update, Amazon, Walmart, & Dept Stores

Trip Reports

Razorfish Tech Summit - YouTube video

Seattle - Jason visits Amazon Go, and B8ta stores

Toronto - AdWeek FFWD 2017

Amazon News

Amazon Earning Call - Prime Estimates 60m subscriptions, First party sales grew 19%, Third Party Marketplace sales grew 43%, FBA is now 55% of all sales, Amazon Ad sales grew 73% to $2.95B. Amazon video conferencing app (Chime) Amazon in-home smart home consultations Amazon denies NYPost story about Robot store Prime Air Cameo in Echo Super Bowl spot Amazon CFO - bookstores more about devices than books

Walmart News

2 day free shipping $35 (Amazon lowers threshold in response) Ecomm grew 29% Walmart aquires Moosejaw New Walmart convenience store Pilot

Other

FedEx launches FBA competitor E-Com was 42% of retail growth last year  Dept Store sales in decline for 10 years Google Home Adds Commerce (Bezos says voice isn't really about commerce) Target - same store sales down 3% in Nov/Dec, E-Com grows 30%, Target cuts back on innovation, RIP project goldfish JJill IPO and Snap!

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Episode 71 of the Jason & Scot show was recorded on Tuesday February 21st 2017.

http://jasonandscot.com

Join your hosts Jason "Retailgeek" Goldberg, SVP Commerce & Content at Razorfish, and Scot Wingo, Founder and Executive Chairman of Channel Advisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.