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Although clothing is a department store staple retailers like Sears or specialtyretailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. Shein, another ultra fast fashion retailer, adds between 500 to 2,000 new items on its website every day. and ultimately profitability.
But I was very jealous of some of the like it’s funny they’re they’re lacking a lot of infrastructure in some ways but like digital payments are super awesome in India um. growth is a very good number, last year all of retail grew 3.6% core retail this year in the first quarter core retail has grown 2.6%
That that sort of visual video interface and you know it’s it’s on on a HIPAA compliant version of AWS which they have a lot of HIPAA complianceservices on AWS now. And I’m going to quote here the Amazon threat is overstated Macy’s nearly 800 stores offer a huge advantage over Amazon.
You kind of you’ve seen a lot of other retailers that as the economy has gotten kind of tough they’ve kind of. [18:58] And this is all about getting more efficiency so the idea is you know in the old model you placed an order and you know they ship from whatever Warehouse fulfillment center had the goods in stock so often that.
No Live Streaming Commerce Still not meaningful in US in 2023 (less than 5% of social commerce in US) Yes Jason Total Score: 3 of 5 Scot : Amazon uses this 2022 setback/slowdown/reversion to the mean for a public resetting of expectations, but behind the scenes they take share and raise the bar on shipping. Shein successful IPO.
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