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Contents Posts $3B Profit For 2017; Cites Success Of Alexa Platform posted a full-year profit of $3 billion ($6.15 per share) for 2017 on net sales of $177.9 billion, a sales increase of $41 billion year-over-year. Profit was up $600,000 over 2016. Fourth quarter profit was $1.9 billion ($3.75 a share) on $60.5 billion in sales, compared with a profit of $749 million ($1.54 a share) in the same period in 2016. The company also reported: five billion items shipped with Prime worldwide in 2017; Fire TV Stick and Echo Dot were the best-selling products in 2017; the Alexa Skills store now offers more than 30,000 skills; Alexa Voice Service (AVS) adoption among device makers continues to grow; and new tools and developer kits were introduced. “Our 2017 projections for Alexa were very optimistic, and ...  More

" Announces Fourth Quarter Sales up 38% to $60.5 Billion", Earnings release,, February 01, 2018

Kroger’s Scan, Bag, Go Digital Shopping Service To Expand Nationwide This Year

Kroger said it will introduce its Scan, Bag, Go shopping technology this year in 18 operating divisions and 400 stores. The company said it tested the service in several locations and decided to expand its availability across the U.S. through Restock Kroger. Scan, Bag, Go allows customers to use a wireless handheld scanner or the smartphone app to scan and bag products as they shop. Shoppers can view and download digital coupons, keep a running total of their order, and view the current week's sales ad. They can then provide payment directly through the app so they can exit the store quickly.  [ Image credit: © Kroger  ]

"Kroger Announces Divisions for Scan, Bag, Go Expansion", News release, Kroger Co. , January 31, 2018

Walmart’s Wrestling Match With Now Moves To India

Walmart’s strategy in its game of catch-up versus is to acquire companies with the talent and technological expertise it needs to become an e-commerce behemoth. The company recently closed a $3 billion acquisition of, after a five-year shopping spree in the world of young e-commerce companies, filling its shopping cart with 15 startups. It is now eyeing an investment in another, this time India’s Flipkart. Industry observers speculate that Walmart is looking to buy a 20 percent stake in the company, which sells a variety of consumer goods online, including electronics and appliances. Flipkart is looking to move into the food and grocery business, and an investment by Walmart could make that happen., meanwhile, ...  More

"Walmart in talks to buy a significant minority stake in Flipkart", The Economic Times, January 31, 2018

Walmart Makes Operational Changes To Speed Stock Replenishment, Delivery

Walmart has decided it can compete more effectively with if it shares more investory data with suppliers so out-of-stock items can be replenished more quickly. Formerly available only internally, the company’s On Shelf Customer Availability (OSCA) data information will be shared at the Supplier Growth Forum, a two-day event at Walmart headquarters. The retailer also said it will tighten deadlines for delivery. It is now requiring large suppliers to deliver full orders within a specified delivery window 85 percent of the time or face a fine of three percent of the cost of goods. Previously, large suppliers had to hit a 75 percent threshold to avoid fines. The delivery threshold for smaller suppliers will move to 50 percent, up ...  More

"Walmart to share inventory data with suppliers in battle with Amazon", Reuters , January 30, 2018

Marketing & Advertising  

Alibaba Opens E-commerce Platform To Liquor Sales, With Suntory’s Help

Chinese e-commerce giant Alibaba is launching online sales of distilled spirits in partnership with Japanese brewer Suntory Holdings, which has opened a store on the Tmall e-commerce platform. Suntory’s U.S. distillery and group member Beam Suntory has begun selling Jim Beam and Maker's Mark bourbon whiskey, and Courvoisier cognac, on the site. Alibaba is also selling whiskey and other liquors in its physical stores, including RT-Mart superstores and Hema supermarkets, following its strategy of blending online and brick-and-mortar shopping. Beam Suntory opened a liquor store in China in July 2017.

"Suntory to Team with Alibaba to Sell Booze Online in China", Nikkei Asian Review, January 27, 2018

Developed by Yuri Ingultsov Software Lab.