AMZN - Amazon.com Inc

Hey Folks! A Stockaholics Exclusive here! I tried out FreshPickup just now for the first time, and was going to write a little report to show my findings:

First, there are two Pickup locations in Seattle. One is in Ballard: It's the one you see in all of the photos, since its a standalone storefront with way more branding. The second one is in SoDo, south of the city. Ballard is known for its crazy traffic, so I opted for the SoDo location. This storefront is a little more hidden, mostly because it is in the parking lot of Starbucks' world headquarters. The pickup lot is slightly detached from the storefront, and there is less branding.

The lot consisted of simply a large parking-lot roof, a few spots, and these displays at each spot, seen in one of the photos below. This is different than the Ballard location, where there is a screen to greet you. The storefronts are inaccessible, but still branded as Amazon FreshPickup. I saw a couple of employees outside. I wonder what it will be like when it rains.

Last night, I took maybe 30 minutes in bed making my grocery list. It topped out at about $60, but I feel like I got way more than I usually would have at QFC. For example, 1 bunch of Bananas $1.58. 1 head of Romaine, $1.99. 16oz Painted Hills Ground Beef, 86/14, $6.20. Dry staples are all pretty identical to QFC.

At the lot, a gentleman walked up, asked my name, and within 10 seconds I could see the little arrows flashing telling me that my order is on the way. It took about 90 seconds for my order to be carted out. I opened the back door for him, and he loaded all 3 bags for me. I'm blown away by that response time. With the license plate recognition that was mentioned on GeekWire, my next visit should be shorter since they will read my plate as soon as I pull up.

I wish I took some more photos, but it was a lot quicker than I expected. I will certainly be doing this again. Let me know if you have any questions!
Starbucks parking lot
Order Status Bars
3 bags, no particular order of items.

 

That's brilliant! I need to try it some time.

 

@StockJock-e Yes, Absolutely! I'm usually out and driving on the weekends anyways, so its somehow actually easier to go to SoDo than two blocks up the hill to the grocery store.

@blypelako You should! I wouldn't doubt seeing it roll out in similar cities as the actual Fresh pilot. Although, Fresh is losing money bigtime.

 

Tempting but my buy n hold days are over.

 

really nice bounce back here. It may not go over 1000 this week but I believe it won't go down any further either. I don't think we will revisit the Friday low.

 

I was worried that amazon wasn't coming back. My mom told me it had joined the circus, and so I shall double down and wait for its return.

 

Two years ago amazon had a 2 handle. Bears always talk about the money they make Shorting drops. It makes no sense. Do the math!

 

Amazon acquires Whole Foods Market
for $42 per share in an all-cash transaction valued at approximately $13.7B

 

Interesting choice. I wouldn't necessarily call Whole Foods essential, unlike Amazon.

 

The acquisition of WFM is genius from a logistical and financial perspective. The growth in market cap means they get WFM for free.

 

Amazon strikes again: Nordstrom, JC Penney shares tank on 'Prime Wardrobe' rollout

It's a simple idea: try before you buy, and only pay for what you keep. Pick out three items or more, and you get shipping for free (if you're a Prime member of course). You have seven days to try the stuff on and decide what you keep.

The real genius is the return policy: you get 10 percent off if you keep three or four items, 20 percent off if you keep five or more. The more you keep, the more you save. Dump the rest in the box and leave it at your doorstep: "You don't even need to be home when they come by to pick it up for free."

http://www.cnbc.com/2017/06/20/amazon-strikes-again-nordstrom-jc-penney-tanks-on-prime-wardrobe.html

 

Let me know when they start delivering beer.... ill have a drone lite

 

Same here... i always assumed it had something to do with the goofy pointless alcohol laws that different states and counties dream up