Topic: How To Invest

Power Growth Investor Hotline – Friday, November 26, 2021

Article Excerpt

AMAZON.COM INC., $3,504.56, symbol AMZN on Nasdaq, is still a buy. The company is one of the world’s largest online retailers. It’s also the third-largest digital ad provider in the U.S. Its Amazon Web Services (AWS) is one of the largest cloud infrastructure service providers globally. Amazon has just teamed up with Starbucks to open the first of at least three concept stores between the two. The location at 59th Street between Park and Lexington Avenues in New York City combines Starbucks’ Pickup concept with a cashierless Amazon Go convenience store. The new store is designed with Starbucks branding in mind, incorporating the chain’s traditional green blended with wood furnishings and stone countertops. The Pickup concept emphasizes the convenience of placing and paying for orders ahead using the Starbucks app. A digital screen in the store displays the status of customers’ orders, which they can pick up from a barista when complete. Walk-in customers are also welcome and have the option of…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.