Amazon guarantees 30-minute supply with its new Amazon Now service. We put it to the check — reside on the GeekWire Podcast — with assist from Michael Levin and Josh Lowitz, co-founders of Client Intelligence Analysis Companions and two of the sharpest Amazon watchers we all know.
Whereas we watch for our order of yogurt, blueberries, and flossers (lengthy story), Levin and Lowitz clarify why Amazon closed its grocery shops, what its large future 225,000-square-foot superstore in suburban Chicago might imply, and why Amazon’s actual play is changing into the last word comfort retailer.
“They’ve completely rewritten a lot of retail, and I don’t suppose they’re achieved,” Levin mentioned. Amazon has basically substituted its logistics operation for its bodily retail presence, with properly over half of orders now arriving similar day or subsequent day, up from a small fraction 5 years in the past.
In different phrases, don’t take the shop closures as capitulation.
“Their investments in logistics are working, and I wouldn’t count on them to take their foot off the fuel in any respect,” Lowitz mentioned. “They’re not scared of constructing errors.”
Plus: Take a look at your Amazon information in our trivia phase. Will Josh and Mike get it proper?
Associated tales and hyperlinks:
- CIRP Publication: Amazon Report on Substack
- CIRP: By Closing Shops, Amazon Goes All-In on Supply
- GeekWire: Amazon closing all Amazon Contemporary and Go shops to deal with Entire Meals and grocery supply
- Bloomberg: Amazon Dethrones Walmart as World’s Largest Firm by Gross sales
- “Be taught and Be Curious,” the brand new podcast with Doug Herrington, the Amazon Worldwide Shops CEO.
Audio modifying and manufacturing by Curt Milton.
