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Amazon And Google Employees Busted In Asian Sex Trafficking Sting

Several Seattle employees of both Google and Amazon were busted after using their corporate accounts to send emails to local brothels and pimps looking to purchase services from sex workers trafficked from Asia, according to emails obtained by Newsweek. “[E]mails obtained by Newsweek reveal another sordid corner of the tech sector’s treatment of women: a […]


Kroger And Walmart Try More Gimmicks To Thwart Amazon; They Will Fail…Again

Over the summer, we argued that the grocery business in the U.S. is, and always has been, a fairly miserable one.  From A&P to Grand Union, Dahl’s, etc., bankruptcy courts have been littered with the industry’s failures for decades. The reason for the persistent failures is fairly simple…razor-thin operating margins that hover around 1-3% leave […]


“Millennials Don’t Care About Logos”: How Collapsing Brand Loyalty Will Allow Amazon To Dominate Apparel

Despite daily affirmations from the White House that “everything is awesome” with the economy, 2017 has been a miserable year for retailers.  As Reorg First Day points out, over 30 retailers, with debt aggregating into the billions of dollars, have filed for bankruptcy so far this year… After Shiekh Shoes’ filing today, at least 30 […]


Amazon’s 75,000 New Robots Are Your Answer To No Wage Inflation

Authored by John Mauldin via MauldinEconomics.com, Like millions of other people, I am a fan and a user of Amazon. They do make buying things convenient, especially little things that you might have to go to art specialty stores to find. I’m a huge user of the Kindle app, too. I will admit that I […]


How Amazon and Google Smart Speaker Competition Reveals The Future of Government

Via The Daily Bell I wouldn’t invite the Amazon Echo or the Google Home into my home. These smart speakers listen to everything that happens around them. Ostensibly this is to make shopping, playing music, and finding information easy. But the internet of things presents way too many risks to our privacy. Internet-connected technologies are already used to incriminate their owners […]


Amazon UK Drivers Reportedly Forced To Urinate In Bottles To Hit 200 Packages A Day Quota

Amazon delivery drivers in the UK are asked to deliver up to 200 packages a day while earning less than minimum wage for agencies contracted by Amazon. The drivers reportedly have to keep schedules so tight they are forced to skip rest breaks and urinate in bottles, according to an investigation by UK’s Sunday Mirror. […]


What Are Retail Investors Buying Right Now?

Submitted by Nicholas Colas of DataTrek Research Today we want to expand on our recent thoughts on “What are retail investors buying right now?” We showed last week, courtesy of Fidelity Investments data, that mom-and-pops are still adding to positions even on breakouts in US equities. Further, the names at the top of the retail […]


Less Retail Jobs, More Amazon Robots: Get Used To It

When it comes to job creation in the United States, President Trump will be displeased to hear the latest findings from Quartz: 170,000 fewer retail jobs in 2017 – and 75,000 more Amazon robots.  In November, we explained that while everyone likes to point the finger at Amazon, America’s retail apocalypse can’t be tied to just one catalyst […]


Time Reveals Its “Person Of The Year” Finalists

Time Magazine has released its list of finalists for 2017's "Person of the Year" issue – and what a list it is. After Trump criticized Time for informing him that he was in the running to win "Person of the Year" for the second year in a row – an honor last achieved by former […]


Wal-Mart Slashes Online Prices To Match Amazon…Does It Matter?

Wal-Mart’s in-store prices have long been the lowest in the retail industry after decades of building a massive store footprint and subsequently beating vendors into submission.  That said, with brick-and-mortar sales continually being eroded by online sales, pricing dominance against Amazon is becoming far more important than in-store dominance against the likes of Target. To […]


America’s New “Trick” To Beat Black Friday Crowds: Wear Employee Uniforms

US shoppers’ lust for Black Friday bargains this year has reached absurd new levels, evidenced by a viral joke that morphed into a disturbing new trend to help shoppers beat Wal-Mart and other big box store crowds by disguising themselves as temporary holiday employees. It started when Twitter user @OverlyLiked announcing he would be selling […]


America’s New “Trick”To Beat Black Friday Crowds: Wear Employee Uniforms

US shoppers’ lust for Black Friday bargains this year has reached absurd new levels, evidenced by a viral joke that morphed into a disturbing new trend to help shoppers beat Wal-Mart and other big box store crowds by disguising themselves as temporary holiday employees. It started when Twitter user @OverlyLiked announcing he would be selling […]


These Are The 7 Companies Amazon May Purchase Next

On Monday, a Morgan Stanley report that Amazon was contemplating “disrupting” the Healthcare Distribution sector slammed stocks in the industry, sending the sector sharply lower. Fast forward two days, when Amazon’s disruption appears to have started earlier than even MS anticipated, after a CNBC report that AWS CEO Andy Jassy is planning to announce that […]


Walmart Nation: Mapping The Largest Employers In America

In an era where Amazon steals most of the headlines, it’s easy to forget about brick-and-mortar retailers like Walmart. But, even though the market values the Bezos e-commerce juggernaut at about twice the sum of Walmart, Visual Capitalist's Jeff Desjardins notes that the blue big-box store is very formidable in other ways. For example, revenue […]


Amazon Announces “AWS Secret” Service For The CIA, US Intelligence

Shortly after Wired first profiled the NSA's new super spycenter in Bluffdale, Utah (one year before Snowden confirmed that much of the agency's activity involved spying on US citizens and soon to be presidents), speculation emerged as to how much data storage capacity this brand new US spy hub would have. According to a then-estimate […]