If this is the retail apocalypse, are Amazon and Alibaba…cockroaches? While many traditional retailers are closing down stores, these two e-commerce giants are pouring money into brick-and-mortar.
Amazon paid a cool $13.7B to acquire Whole Foods last summer and opened its Amazon Go grocery store last week. Alibaba has publicly announced a strategy to combine online and offline commerce, dubbed “new retail.”
TBD if their efforts in the physical retail space will be successful, but both stand to gain a lot if they can pull it off.
In our early days, one of the sources of inspiration for our data-driven research was…
Christian Rudder of OKC had a way of taking data and making it interesting and writing like a human. If you want to learn how to write about data in a way that people actually want to read, I recommend looking at the OKC archives.
One of my favorites from the company’s blog entitled “We Experiment on Humans” is in the Blurb.
Top meat producer Tyson is aggressively going after the alternative protein space. Now the company is investing in food tech startup Memphis Meats, which creates real meats by farming animal cells.
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Amazon has its reasons
Brandless Founder Tina Sharkey and Comcast Ventures’ Rick Prostko had an interesting exchange at the A-ha! conference.
Sharkey founded Brandless, an online retailer, to eliminate the “brand tax” from consumer products. Prostko led Comcast’s investments in big e-commerce deals like Dollar Shave Club (sold to Unilever for $1B).
So it was a surprise when Prostko rang in with, “Only 10-15% of commerce is online, so 80-85% is offline. There’s a reason why Amazon is going to physical [brick-and-mortar stores].”
Sharkey then shared her views on personalization and the changing dynamic in direct-to-consumer relationships.