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2020 Streaming Wars - Ben Thompson and Bill Simmons. Link
Links
Q4 was weak for most of retail. Another strong month of retail sales for non-store (online) retailers and restaurants. Just look at the headlines below, this grooming period will continue. Add a weaker winter than expected and supply chain disruption in China. Link
Wayfair is not one of the invincible .com pure plays. Stock drops as Wayfair cuts jobs and states they grew the business in too many unprofitable ways. Link
In times of weakness, consolidating happens…..with malls. Link
Kohls is restructuring. Link
Stage Stores eyes bankruptcy. Link
Amazon picks up a mall. Link
7-11 testing cashierless stores. Link
Hollar closes up. Dollar stores struggle online. Link
Brandless shutting down. Link
Walmart shutters Jet Black. Somehow I feel Walmart is regretting their acquihire of Jet. Link
Although smart speakers are exploding in sales, customers use direct statements for control and don’t seem to be shopping due to complexity. Link
Roku still growing like a weed. Link
The Ride Hail Utopia That Got Stuck In Traffic. Link
Apple now lets you shop directly in augmented reality. Link
Online-only platforms are going offline with permanent spaces. Link
Facebook’s latest experiments is a Pinterest-like app. Link
Teens are hacking Instagram to create eBay-like thrift shops. Link
Off Topic
Was the oldest person who ever lived a fraud? Link