Markets

Amazon tests grocery pickup service

Customers will be able to order online or on mobile from thousands of items, including produce, meats, dairy and everyday essentials.

An Amazon worker wheels back a cart after loading a bag of groceries into a customer's auto at an AmazonFresh Pickup location Tuesday, March 28, 2017, in Seattle. "There's no order minimum and the service is free for Prime members".

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Like many USA apparel makers and retailers, G-III has faced sluggish mall traffic and a consumer shopping shift to the internet. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.06.

Amazon is also opening its first convenience store, Amazon Go in Seattle. The initiative is reportedly code-named "Project Everest" internally within Amazon, according to the NYT report, which also states that the company is "excited by the Indian government's efforts to encourage foreign investment in a stronger supply chain". While users must of course pay for their groceries, using AmazonFresh Pickup is no more expensive than that - there's no pickup charge. Everyone else - remember that Amazon is also planning a walk-in, pick-up, walk-out store called Amazon GO.

It's tempting to say that the delay is a stark reminder for Amazon of the challenges it will face expanding its expertise in online retail to physical retail.

Trump just approved the Keystone XL Pipeline
The State Department was formally responsible for the permit TransCanada was given to construct a line that crosses the US border. Environmental groups argue that pipelines are not safe because leaks are common and contribute to massive environmental damage.

An Amazon.com Inc. drive-through grocery location is under construction in Seattle. As per the report, the company is mulling to open physical stores for items such as furniture that are usually bought by people after getting their feel in person. They tend to have less selection but offer a nice browsing experience.

AmazonFresh Pickup locations allow Amazon Prime members to order groceries online, make an appointment to pick them up and then drive through and have the grocery bags loaded into their trunk by an Amazon employee.

Illinois' Unemployment Rate Dropped in February
A press release from the governor's office said the Jacksonville MSA saw an increase of about 25,000 jobs in the previous year . The state economy added 12,300 jobs over the same period, reaching an all-time high job count of 8,045,400.

The AmazonFresh grocery delivery service is still a small part of the company's business despite launching 10 years ago. The easier and more convenient it is for every person in the world to purchase goods from Amazon, the bigger Amazon gets. Adding shipping costs makes it even less profitable.



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