Friday, June 16, 2017
Amazon buying Whole Foods
If you ever watch CNBC business news, you know that Jim Cramer (the guy on the right) is very rarely speechless. Cramer's a guy that millions of people look to for insight into the stock market. When he says something is a game changer, THAT'S BIG.
There's a pretty good chance you've heard of the "Retail Apocalypse" by now. It's occasionally in the network news but all over the web. The last time I tallied it up, over 4,200 retail stores in the U.S. have either just closed, or are scheduled to close. One big reason why is that Amazon, and other online retail companies, have changed the shopping game so much that old school department stores and mall stores just can't compete anymore. There's been talk for quite a while that Amazon wanted to get into the grocery business in a big way. Now they're doing it in a very big way. That means all our favorite old grocery store chains will have to really step it up as Amazon changes the game in yet another industry.
So why am I putting this in a blog where the last posts were about BMX and motocross? Because most of you either didn't notice this huge sale happened today, or couldn't care less. The people across the country who couldn't care less are the people who aren't creating good paying jobs in today's world. This is one little part of a huge issue I'll be discussing in this blog. In the next post I'll go into some of the big trends most people haven't paid much attention to in the last 20 years or so. Those trends (and others) have completely changed our world, and tens of millions of people are being left behind financially. This is a huge issue we need to work on in the U.S.. Someone needs to create millions of good jobs. I think we, as individuals, are the only ones who can actually make it happen. That's the core reason for this blog.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment