THE STORY: Amazon > Walmart
Forget about the days when Walmart was the retailer everyone wanted to be. Those days are long gone as Amazon is taking over (Source: CNN).
But isn’t Amazon mean…
Despite what The New York Times released about the work culture at Amazon, it doesn’t seem to be hurting them too much. The e-commerce giant’s stock is up 70% this year (Source: CNN).
DA SKIM
Walmart has been spending a lot. Like a lot to try and catch up with Amazon on the e-commerce front. But all this spending is not helping them catch up with the competition, instead it is bringing down their profits. Yikes. Walmart isn’t going to give up here though, they are planning to open up 160-170 Neighborhood Markets and 60-70 Supercenters in the next year (Source: Reuters).
ASHLEY MADISON
Last month 40 million cheaters on the infidelity website, AshleyMadison.com, panicked when it was announced the site had been hacked. No information had been released until yesterday…Wired reported that hackers had dumped all the information from login information to credit cards onto the Dark Web. Uh oh.
Quote of the Day: You’re gonna hear about this on Yelp!!
Yelp announced today that users will now be able to review federal agencies on the site. And the agencies will be able to respond. Yelp and the agencies are hoping that this will create a two way dialogue and create some change where it is needed. So now you can tell TSA how you really feel about missing your flight while waiting in their line.
from Darlene Milligan http://ift.tt/1HWwQUy via transformational marketing
from Tumblr http://ift.tt/1WFE0I9
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