By John W. Whitehead | The Rutherford Institute | June 26, 2017 “We are rapidly entering the age of no privacy, where everyone is open to surveillance at all times; where there are no secrets from government.” ― William O. Douglas, Supreme Court Justice, dissenting in Osborn v. United States, 385 U.S. 341 (1966) The […]
Everyone who is freaking out over the purchase of Whole Foods by Amazon needs to calm down. The calls for Amazon’s break-up don't factor in the benefits to consumers.
Netflix has had some stumbles, but overall, their move from DVD-by-mail to online streaming leader to enabling force of amazing content has been nothing short of breathtaking. It’s one of the most impressive core business pivots the world has ever seen. Hollywood is afraid of it, and it's coming for Amazon. Can this continue forever though?
Amazon has opened seven physical bookstores across the United States, with another half dozen in the works. When I found out one had just opened up near where I was staying in New York City, of course I had to check it out.
Amazon’s increase in market value from less than $500 million to more than $450 billion might be the most remarkable example of wealth creation and business success that has ever taken place in the history of the world. There's a reason that Amazon has been so successful: They treat their customers like royalty.
Traditional retailers have been struggling in the 21st century, and there’s been a steady stream of news highlighting those struggles. Retail giants J.C. Penney, GameStop, Sears, Kmart, Macy's, RadioShack, Payless Shoes, and many other businesses are closing thousands of collective physical locations, but sales across the board are increasing. Creative destruction may mean the death of shopping as we've known it, but it also means shopping will be better.
