Mark S. Yourek

Observer of random goings-on, with a tilt towards business, technology, consumers, the retail industry and related stuff...

[Mark S. Yourek @MarkYourek]

GE, a component of the Dow Jones since 1896, now booted — replaced by Walgreens https://t.co/18y6yJCjNZ

[Mark S. Yourek @MarkYourek]

@StephenMeltz a a e

[Mark S. Yourek @MarkYourek]

The race is on, to use technology to eliminate check-out... with a wide variety of retailers around the world experimenting with all kinds of new methods https://t.co/AQUUQVXZ05

[Mark S. Yourek @MarkYourek]

Across the US, regional grocery chains are faltering as competition pushes them to the edge of financial viability: https://t.co/YCUZejBIHq

[Mark S. Yourek @MarkYourek]

Are self-driving vehicles closer than we realize? In the next several years, there may be a moment when sales of traditionally-driven vehicles start to sag, as buyers wait for autonomous cars... https://t.co/rShZKTJIAZ

[Mark S. Yourek @MarkYourek]

The first person in human history to amass a personal fortune of 100 billion dollars? Bill Gates? Warren Buffett? San Walton? Steve Jobs? Carlos Slim? Nope https://t.co/43IS8lkQh5

[Mark S. Yourek @MarkYourek]

Alibaba--China's huge e-retailer--is now pushing hard into store-based retailing, particularly supermarkets and electronics. And, they are using lots of new technology to try to re-invent the store experience: https://t.co/NaM0yraXMa

[Mark S. Yourek @MarkYourek]

What do they have in common: Target, Kroger, CVS, AutoZone, Walgreens, Advance Auto Parts, Blue Apron, O’Reilly Automotive. Answer: the stock of each one plummeted last year, thanks to Amazon https://t.co/Vh9HHtBhDN

[Mark S. Yourek @MarkYourek]

Amazon, Berkshire Hathaway, and JPMorgan have a new ambition: remaking the health care system, first for their employees, and perhaps then for the entire country: https://t.co/ygrZta4dyA

[Mark S. Yourek @MarkYourek]

The first Amazon Go checkout-free store opens tomorrow. A sneak peek at the experience: The reporter says “It feels like shoplifting” — https://t.co/ndPqPP4t9A

[Mark S. Yourek @MarkYourek]

One very good trend: since 1991, cancer deaths in the US have dropped by 26%. There are 2,400,000 people living today who would not be around, had mortality rates stayed where they were 25 years ago https://t.co/1vqftyEQI8

[Mark S. Yourek @MarkYourek]

Here's a stat for you: 30 PERCENT of online purchases get returned, compared to just 9% of things bought in stores. And 'tis the season for floods of returns. with some retailers making things easier than others: https://t.co/Csdcblckik

[Mark S. Yourek @MarkYourek]

Another of Amazon’s creative strategic moves: cultivating hundreds of new suppliers in India, giving them turnkey access to global markets, enriching its own assortment —and adding yet more revenue and market share: https://t.co/kTKIcDGTgE

[Mark S. Yourek @MarkYourek]

Hmmm... The real estate Macys owns is by itself worth more than double Macys’ current market cap - $16 billion, vs $6.4 billion: Grand Buildings Help Keep Macy’s Afloat https://t.co/6HCiOuu19u

[Mark S. Yourek @MarkYourek]

Nordstrom, among others, is getting serious about experimenting with showrooms, as an alternative to the traditional store: Retailers Experiment With a New Philosophy: Smaller Is Better https://t.co/BVCdlefgqP

[Mark S. Yourek @MarkYourek]

Nordstrom, among others, is getting serious about experimenting with boutique-sized showrooms, as an alternative to the traditional store: Retailers Experiment With a New Philosophy: Smaller Is Betterhttps://www.nytimes.com/2017/11/17/business/retailers-showrooms.html

[Mark S. Yourek @MarkYourek]

Anazon has been working on ‘Amazon Go’ — their technology for check-out-free shopping —for at least a couple years. It’s reportedly almost ready for rollout now: Amazon’s Cashierless Store Is Almost Ready for Prime Time - Bloomberg
https://t.co/U7GH2Kw5dt

[Mark S. Yourek @MarkYourek]

Self-driving trucks: arriving even more quickly than self-driving cars ...
https://t.co/CV0Hbp3rGh

[Mark S. Yourek @MarkYourek]

No more stoplights. No more road signs. Intersections where cars shoot through continuously on both streets, missing each other by inches. No one has begun to think through the implications of the end of human driving. https://t.co/B4Ov3mRzgo

[Mark S. Yourek @MarkYourek]

Google's Waymo has begun testing its self-driving cars on public streets outside Phoenix -- without any back-up human driver in the cars: https://t.co/TLdsYtdLAY