Amazon demonstrated to the public the world’s most advanced shopping technology on January 22nd in Seattle, USA. It represents new convenience store differing from traditional one because there are no cashiers, shopping carts or checkout lines to slow shoppers down. Let’s see a public reaction to this.
Apple, Samsung and Microsoft have got one more serious player on the highly competitive U.S. market of smartphones—Amazon. The first online retailer’s phone called Fire “puts everything you love about Amazon in the palm of your hand—instant access to Amazon’s vast content ecosystem and exclusive features,” as Jeff Bezos, company’s CEO says.
For decades, the world of retail has been dominated by the idea of the big box. You know the ones: huge, shed-like edifices, 50,000+ ft2, usually on the edge of town. We loved them for their giant range of products, that they always had the stuff we were looking for, and that their prices were amazing. Why bother with the little shop? Yet, are we in the midst of experiencing a turnaround in attitude?
Fortune has unveiled its annual ranking of the 50 world’s most admired companies. Apple is No.1 on list for the sixth straight year. In the top, the i-devices manufacturer is followed by Google, Amazon, Coca-Cola and Starbucks. This year’s ranking is dominated by U.S. companies, which take up most of the places—only eight are occupied by the businesses from outside the USA.