Let's Get Physical

Amazon is about to open its first-ever physical store in New York City

it will be located in midtown Manhattan ..... on 34th Street, right between the flagship Macy's store and the Empire State Building. ..... Amazon will accept returns at the location, and will use it as a mini-warehouse particularly tuned for same-day delivery of products in New York. You'll also be able to pick up online orders at the store, meaning you'll be able to buy online and get items even faster. Amazon may also use the store to show off its Kindle and Fire products, which seems like a spectacularly obvious thing to do but is evidently still only being considered. .... the company launched a tool for identifying products, a card-reader for buying them, and much more that suggests it could quickly build a full-fledged physical retail space. It's been rumored for years that Amazon would do this, and even now Amazon tells the Journal that this is just an experiment.

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Amazon, Walmart And Same Day Delivery

Amazon was going to go offline, or Walmart was going to go online, or both. The relationship between Walmart and computers is nothing new. That corporation early was one of the heaviest users of computers in its operations. I am talking 1970s.

Walmart Begins Testing Same-Day Delivery In Select Markets

Northern Virginia (outside D.C.), Philadelphia, Minneapolis, and San Jose/San Francisco. .... toys, electronics, sporting goods and other gifts .... a $10 fee for an unlimited number of items, with no minimum purchase required, and is working with UPS to deliver the orders ..... it’s not the entire Walmart online catalog that’s becoming available. The eligible items will be priced the same as those in the local stores. ..... Customers can place orders up until noon in their timezone, and then choose a 4-hour windows to take delivery that same day (i.e., 4-8 pm, 5-9 pm, 6-10 pm). For returns, customers can choose to take the item back to the store, refuse delivery, or schedule the courier to retrieve the time. .... the retail giant leveraging its local stores, not distribution centers ..... customers .. said that electronics, toys, video games, movies, music, books and groceries would be those items that they wanted to order in this way the most.

Same Day Delivery is a big deal. That will allow Walmart to reach the New York City market, for example. It has stores in New Jersey that are not allowed in the city by law. But there is no stopping delivery vans.

This experiment does not feel IT intensive enough. Or UPS might not be in the picture. More or all stores would be involved. Warehouses would be involved.

$10 is not a bad price. Consider that your hourly wage for making the trip to Walmart.

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The First Walmart Store

So Sam Walton decides he wants to take his company public. Although the company was in debt, its fundamentals were looking really strong. Besides he figured he could use the money generated from the IPO for the company's future growth.

So he shows up in New York, shows up at an investment bank.

"Hi. I am Sam Walton from Arkansas. I need to take my company public. Who do I talk to?"

The receptionist takes her to see that lone soul from Arkansas who happens to be working at that bank.