George MacDonald: “online-to-offline” trend will reshape retail

George MacDonald, an executive editor of Retail Week, has interviewed many important personalities in the retail world and is often asked to comment latest trends of market in the wider media. Now he shares his thoughts about the future of the retail world. Although Amazon shocks the retail world with buying Whole Foods Market, this … Continue reading “George MacDonald: “online-to-offline” trend will reshape retail”

Amazon deal for Whole Foods targets Walmart stores

On Friday, Amazon.com bought a grocery chain Whole Foods Market Inc for solid amount of money – $14 billion. The e-commerce giant announced its will to beat Walmart in the brick-and-mortar world which purchased Jet.com for $3 billion last year. According to Reuters, Amazon’s purchase of Whole Foods may bring a fall to the $700 … Continue reading “Amazon deal for Whole Foods targets Walmart stores”

Amazon and Alphabet reached $1,000 for the first time ever on share

The shares of tech giant Amazon moved up almost a quarter of a percentage point to the much awaited valuation of $1,000 per share. According to data presented by Barron’s, the company now accounts for nearly 9 per cent of all general merchandise sales in the U.S. except gas, cars, food and restourant services. And … Continue reading “Amazon and Alphabet reached $1,000 for the first time ever on share”