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Joined: Aug 2003
Posts: 39,234 Likes: 37
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Aug 2003
Posts: 39,234 Likes: 37 |
I'm a transportation/supply chain wonk for my w2. Came across this today that I found interesting.
Consumer spend on Amazon is now up 35% over this time last year and people are spending $11,000 a SECOND on the platform.
Obvious it obvious - shelter in place, most all retail is closed to foot traffic etc.
Consider Amazon has curtailed some of their shipping programs (not only Prime but ability for people to utilize Amazon's network at competitive prices even for non Amazon purchases or vendors) and I think that FedEx had better figure out what they want to do in life because Amazon could buy them for final mile build out and do so with cash.
I don't believe brick and mortar is dead but it's getting smaller for sure. I also imagine that this current situation has a lot of people buying things on-line that they probably wouldn't have a year ago.
Anyone here buy something on-line lately that they never would have imagined in the past? I remember maybe a decade ago someone asked Mark Cuban about if he was worried that he had just bought a private jet on-line. He said "I buy my toilet paper online and soon, everyone will too..."
Me
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Joined: Jan 2001
Posts: 59,180 Likes: 3
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2001
Posts: 59,180 Likes: 3 |
I believe it... I buy local whenever I can, but the stuff I get on Amazon are not available here - and being a Prime member means the vast majority of stuff is shipped free..
Ex- USN (SS) '66-'69
Pro-Constitution.
LET'S GO BRANDON!!!
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Joined: Sep 2004
Posts: 29,383
Campfire Ranger
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Campfire Ranger
Joined: Sep 2004
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I try buying everything in person but I find that a lot of places have stopped stocking items because Amazon and other online sites also sell them cheaper or as cheap.l
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Joined: Aug 2011
Posts: 5,215 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Aug 2011
Posts: 5,215 Likes: 1 |
I'm a transportation/supply chain wonk for my w2. Came across this today that I found interesting.
Consumer spend on Amazon is now up 35% over this time last year and people are spending $11,000 a SECOND on the platform.
Obvious it obvious - shelter in place, most all retail is closed to foot traffic etc.
Consider Amazon has curtailed some of their shipping programs (not only Prime but ability for people to utilize Amazon's network at competitive prices even for non Amazon purchases or vendors) and I think that FedEx had better figure out what they want to do in life because Amazon could buy them for final mile build out and do so with cash.
I don't believe brick and mortar is dead but it's getting smaller for sure. I also imagine that this current situation has a lot of people buying things on-line that they probably wouldn't have a year ago.
Anyone here buy something on-line lately that they never would have imagined in the past? I remember maybe a decade ago someone asked Mark Cuban about if he was worried that he had just bought a private jet on-line. He said "I buy my toilet paper online and soon, everyone will too..." I don't use that company, but it's one of huge winners from this pandemic.
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Joined: Aug 2007
Posts: 115,424 Likes: 13
Campfire Sage
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Campfire Sage
Joined: Aug 2007
Posts: 115,424 Likes: 13 |
My wife balances all our grocery and toiletry type purchases between Wal-Mart pickup orders and amazon Prime.
It keeps things amazingly simple.
Trump being classless,tasteless and clueless as usual. Sorry, trump is a no tax payin pile of shiit. My young wife decided to play the field and had moved several dudes into my house
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
I'm a transportation/supply chain wonk for my w2. Came across this today that I found interesting.
Consumer spend on Amazon is now up 35% over this time last year and people are spending $11,000 a SECOND on the platform.
Obvious it obvious - shelter in place, most all retail is closed to foot traffic etc.
Consider Amazon has curtailed some of their shipping programs (not only Prime but ability for people to utilize Amazon's network at competitive prices even for non Amazon purchases or vendors) and I think that FedEx had better figure out what they want to do in life because Amazon could buy them for final mile build out and do so with cash.
I don't believe brick and mortar is dead but it's getting smaller for sure. I also imagine that this current situation has a lot of people buying things on-line that they probably wouldn't have a year ago.
Anyone here buy something on-line lately that they never would have imagined in the past? I remember maybe a decade ago someone asked Mark Cuban about if he was worried that he had just bought a private jet on-line. He said "I buy my toilet paper online and soon, everyone will too..." Looking down the road at brick and mortar stores and with Amazon on the run with others to follow Amazon’s lead,,,I’d be cautious about investing in REITs.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Jul 2009
Posts: 8,923
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2009
Posts: 8,923 |
I am a Prime member and buy large number of items every year and appreciate the fast shipping and competitive price.
It annoys be big time to go out for an item, hit two, three or more stores and end up coming home empty handed, ten minutes later it's ordered and on the way through Amazon.
My list includes coffee, motorcycle and car parts, firearm parts and accessories, tools and electronic items...most of what I purchase online is not available locally.
And Amazon employees a lot of Americans.
Dave
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Joined: Apr 2011
Posts: 151,869 Likes: 21
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 151,869 Likes: 21 |
They have put the end to small businesses. Progress!
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Joined: Aug 2003
Posts: 39,234 Likes: 37
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Aug 2003
Posts: 39,234 Likes: 37 |
I'm a transportation/supply chain wonk for my w2. Came across this today that I found interesting.
Consumer spend on Amazon is now up 35% over this time last year and people are spending $11,000 a SECOND on the platform.
Obvious it obvious - shelter in place, most all retail is closed to foot traffic etc.
Consider Amazon has curtailed some of their shipping programs (not only Prime but ability for people to utilize Amazon's network at competitive prices even for non Amazon purchases or vendors) and I think that FedEx had better figure out what they want to do in life because Amazon could buy them for final mile build out and do so with cash.
I don't believe brick and mortar is dead but it's getting smaller for sure. I also imagine that this current situation has a lot of people buying things on-line that they probably wouldn't have a year ago.
Anyone here buy something on-line lately that they never would have imagined in the past? I remember maybe a decade ago someone asked Mark Cuban about if he was worried that he had just bought a private jet on-line. He said "I buy my toilet paper online and soon, everyone will too..." Looking down the road at brick and mortar stores and with Amazon on the run with others to follow Amazon’s lead,,,I’d be cautious about investing in REITs. Prologis is showing pretty good results right now. 60% of their customers are growing, Demand in consumer staples and e-commerce. Only 4.3% of their rents have asked for release/relief and April rent collections are within 1% of normal right now.
Me
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Joined: Jan 2001
Posts: 59,180 Likes: 3
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2001
Posts: 59,180 Likes: 3 |
They have put the end to small businesses. Progress! I think a fair number of 'small businesses' have partnered with Amazon in order to spread out their available customers.. Probably helped them more than just staying local...
Ex- USN (SS) '66-'69
Pro-Constitution.
LET'S GO BRANDON!!!
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Joined: Aug 2003
Posts: 39,234 Likes: 37
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Aug 2003
Posts: 39,234 Likes: 37 |
They have put the end to small businesses. Progress! Most all their vendors on Amazon would be considered "small business" - they're simply the marketplace/facilitator for those businesses. They compete on their own platform as well but it's simply a tool small businesses are using to grow reach at low cost/overhead. Shopify is similar for small businesses looking to build an e-commerce footprint if they don't like Amazon and quite frankly, I'm shocked FedEx hasn't gotten in bed with them, unless that final mile delivery really is killing them.
Me
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
I'm a transportation/supply chain wonk for my w2. Came across this today that I found interesting.
Consumer spend on Amazon is now up 35% over this time last year and people are spending $11,000 a SECOND on the platform.
Obvious it obvious - shelter in place, most all retail is closed to foot traffic etc.
Consider Amazon has curtailed some of their shipping programs (not only Prime but ability for people to utilize Amazon's network at competitive prices even for non Amazon purchases or vendors) and I think that FedEx had better figure out what they want to do in life because Amazon could buy them for final mile build out and do so with cash.
I don't believe brick and mortar is dead but it's getting smaller for sure. I also imagine that this current situation has a lot of people buying things on-line that they probably wouldn't have a year ago.
Anyone here buy something on-line lately that they never would have imagined in the past? I remember maybe a decade ago someone asked Mark Cuban about if he was worried that he had just bought a private jet on-line. He said "I buy my toilet paper online and soon, everyone will too..." Looking down the road at brick and mortar stores and with Amazon on the run with others to follow Amazon’s lead,,,I’d be cautious about investing in REITs. Prologis is showing pretty good results right now. 60% of their customers are growing, Demand in consumer staples and e-commerce. Only 4.3% of their rents have asked for release/relief and April rent collections are within 1% of normal right now. I wonder about the future for them, teal, with the trend towards online purchases ramping up. Christmas sales from stores in our greater area have dropped almost 40% according to the newspaper and that’s increased every year for the past 3 years.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Aug 2007
Posts: 115,424 Likes: 13
Campfire Sage
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Campfire Sage
Joined: Aug 2007
Posts: 115,424 Likes: 13 |
One thing I have noticed in relation go amazon is that in Montana almost all their orders were delivered by UPS or FedEx.
But in our current neighborhood it is almost always an amazon delivery van. Pretty rare for it to be dropped off by FedEx or the Brown Santa.
Trump being classless,tasteless and clueless as usual. Sorry, trump is a no tax payin pile of shiit. My young wife decided to play the field and had moved several dudes into my house
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Joined: Sep 2017
Posts: 2,795
Campfire Regular
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Campfire Regular
Joined: Sep 2017
Posts: 2,795 |
I chase the prices and I am finding that Amazon/Ebay are slipping in huge price hikes. Look up water heaters and you will find a +$400.00 increase over brick & Mortar. The average increase seems to be 100% when I find them. I predict that these price hikes will be the norm and not the exception soon.
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Joined: Jan 2010
Posts: 6,221 Likes: 4
Campfire Tracker
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Campfire Tracker
Joined: Jan 2010
Posts: 6,221 Likes: 4 |
,I’d be cautious about investing in REITs.
^ absolutely. I know a few knowledgable posters were talking positively about reits, and they are advertising like mad on the radio here, but I dunno, seems like a fight against the tide.
Quit giving in inch by inch then looking back to lament the mile behind ya and wonder how to preserve those few feet left in front of ya. They'll never stop until they're stopped. That's a fact.
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Joined: Jan 2006
Posts: 69,437 Likes: 13
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,437 Likes: 13 |
This is a town of about 50k. I find that either/or Amazon & Ebay carry a very large selection that I just can't find locally. Amazon's Q&A section is a big help when shopping as you can often learn things that most store clerks don't know about any particular item. You soon learn how to sort out the idiots who post reviews before they open the box from those who have used the item and actually know what it's worth.
“In a time of deceit telling the truth is a revolutionary act.”
― George Orwell
It's not over when you lose. It's over when you quit.
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Joined: Sep 2014
Posts: 3,477 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Sep 2014
Posts: 3,477 Likes: 1 |
I'm buying more and more off Amazon these days. Most local stores don't carry what I want to buy. The Brick & Mortar stores are going to either get on Amazon or Ebay or go the way of the dinosaurs. Shopping on-line is more convenient than driving all over town trying to find something and burning up fuel and time doing it.
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Joined: Aug 2003
Posts: 39,234 Likes: 37
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Aug 2003
Posts: 39,234 Likes: 37 |
25% of consumers have stated that they don’t feel comfortable going to a mall for another 6 months, 16% in 3 months and only 4% said they’d go to one within a month.
Me
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Joined: Sep 2017
Posts: 2,795
Campfire Regular
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Campfire Regular
Joined: Sep 2017
Posts: 2,795 |
Amazon has a partnership with FCA. FCA provides the vans for the delivery service.
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Joined: Aug 2003
Posts: 39,234 Likes: 37
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Aug 2003
Posts: 39,234 Likes: 37 |
I'm a transportation/supply chain wonk for my w2. Came across this today that I found interesting.
Consumer spend on Amazon is now up 35% over this time last year and people are spending $11,000 a SECOND on the platform.
Obvious it obvious - shelter in place, most all retail is closed to foot traffic etc.
Consider Amazon has curtailed some of their shipping programs (not only Prime but ability for people to utilize Amazon's network at competitive prices even for non Amazon purchases or vendors) and I think that FedEx had better figure out what they want to do in life because Amazon could buy them for final mile build out and do so with cash.
I don't believe brick and mortar is dead but it's getting smaller for sure. I also imagine that this current situation has a lot of people buying things on-line that they probably wouldn't have a year ago.
Anyone here buy something on-line lately that they never would have imagined in the past? I remember maybe a decade ago someone asked Mark Cuban about if he was worried that he had just bought a private jet on-line. He said "I buy my toilet paper online and soon, everyone will too..." Looking down the road at brick and mortar stores and with Amazon on the run with others to follow Amazon’s lead,,,I’d be cautious about investing in REITs. Prologis is showing pretty good results right now. 60% of their customers are growing, Demand in consumer staples and e-commerce. Only 4.3% of their rents have asked for release/relief and April rent collections are within 1% of normal right now. I wonder about the future for them, teal, with the trend towards online purchases ramping up. Christmas sales from stores in our greater area have dropped almost 40% according to the newspaper and that’s increased every year for the past 3 years. Prologis is a REIT that specializes in logistics real-estate. $3.8 billion in credit line availability and $800 million in cash. The company’s debt-to-market capitalization ratio was 22%. Including the company’s co-investment ventures of $3.1 billion and open-ended funds, it has over $10 billion in investment capacity. 1 billion square feet in 19 countries. I agree, REIT as a general statement - I'd be wary but there are some set to weather this or grow given what they specialize in.
Me
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