Amazon Sets Their Eyes on Brick and Mortar Retailing

Online retail giant Amazon is planning to open hundreds of bookstores across the country. The decision comes after the company’s success of its first store in Seattle just last year. Recent news has shaken competitors Barnes & Noble and Books-a-Million Inc., which have both spent years building up their retail presence throughout the country. Experts speculate on the possible ramifications this move can have on such companies, wondering whether either company can stay afloat. The E-commerce giant has already established its presence in the book market retailing online, and one can only wonder what it can do once its brick and mortar stores finally open up. Amazon reportedly plans to open 300-400 new stores nationwide according to Fox Business. This strategy is not new for online retailers, in fact, Amazon joins an ever growing trend. Online retailers such as eyeglass seller Warby Parker, beauty subscription service Birchbox, and online fashion store Bonobos, have all expanded into the physical stores. As mentioned before, the online retailer has experimented with this move before. Just in 2014, Amazon launched an online physical bookstore in partnership with leading Italian bookstore chain Giunti. “You’ve got Amazon opening brick-and-mortar bookstores and their goal is to open, as I understand, 300 to 400,” said General Growth Properties CEO Sandeep Mathrani. Although the number is substantial, sources believe Mathrani may have gotten his figures from Amazon real estate executives. Amazon may model its stores’ business model after its Seattle store. The store carries thousands of books that are chosen based off of Amazon’s customer reviews, ratings, and of course, book popularity. The Seattle store also sells Amazon’s...

La France, est elle le Nouvel Epicentre du Monde Tech?

Dans un blog post le mois dernier, je vous parlais du célèbre salon de la technologie, CES 2016. Des milliers de professionnels du monde entier se sont réunis à Las Vegas pour présenter leurs dernières technologies. Parmi les 3.800 exposants au salon de cette année, une quantité importante de ceux-ci étaient des start-up. Eureka Park, la section dédiée au start-up au CES, a accueilli plus de 500 entreprises cette année, alors qu’elle n’en comptait que 375 en 2015. Au CES 2016 étaient présentées un certain nombre de start-up françaises, en effet, sur les 500 startups participantes, 130 d’entre elles étaient français. TechCrunch a récemment publié un article au sujet de ces entreprises, intitulé : Les Startups Françaises Aussi Prennent d’Assaut le CES. TechCrunch attribue la croissance de ces startups françaises à La French Tech, qui est soutenue par le gouvernement pour renforcer cette communauté en démarrage. Fortune.com a publié un article au sujet du CES 2016 affirmant “France Is Tech’s Unexpected Powerhouse” (La France cheval de bataille inattendu dans du monde tech). Sur les 165 entreprises les plus innovantes, de CES Unveiled, 45 provenaient de France. Alors qu’avons-nous vu de la France au salon de cette année et dont tout le monde parle? 10-Vins y a présenté sa machine style Nespresso pour le vin. Le D-Vine “brasse” l’équivalent d’un verre de vin à la fois issu des vignobles spécifiquement sélectionnés par 10-Vins. Comme pour une dosette de café, le flacon est placé dans la machine et en 30 secondes verse un verre de vin à la bonne température en fonction des infos émises par des puces individuelles. 10-Vins affirme que les...

France, Is It The New Epicenter For Tech?

In a blog post last month, I covered the world renowned technology trade show, CES 2016. Thousands of professionals from around the world gathered in Las Vegas to showcase their latest technology. Of the 3,800 exhibitors at this year’s show, a substantial amount of those were startup companies. Eureka Park, the startup destination at CES, welcomed over 500 companies this year, compared to 375 in 2015. 2016 CES showcased a number of startups from France this year, of the participating 500 startups, 130 of them were French. TechCrunch recently released an article reflecting on these companies, French Startups Are Also Taking Over CES. TechCrunch attributes the growth of these French startups to La French Tech, which is backed by the government to improve the startup community. Fortune.com released an article following CES 2016 claiming “France Is Tech’s Unexpected Powerhouse”. Of the 165 most innovative companies, from CES Unveiled, 45 came from France. So what did we see from France at this year’s show that has everyone talking? 10-Vins released their “Nespresso-style espresso brewing” wine machine at CES last month. The D-Vine “brews” single-serve pours of wine from specifically selected wineries by 10-Vins. Similarly to a coffee pod, the vial is placed in the machine and in 30 seconds pours a glass of wine at the proper temperature based on individual microchips. 10-Vins claims that the microchips on each of their vials signal to the machine how to decant each glass of wine, which to 10-Vins co-founder Thibaut Jarrousse, “is very complicated to get right.” Another company at the forefront of the French spotlight, which I found rather resourceful, was...