EP199 - Dreamforce and Retail Earnings

EP199 - Dreamforce and Retail Earnings

Episode 199 covers the 2019 Dreamforce Conference as well as this weeks news including Walmart and Target earnings reports..

Dreamforce

Salesforce held their annual Dreamforce Conference in San Francisco this week.  They launched a major new functionality "Customer 360 Truth" a universal customer data platform.

Singles Day - 11.11 Day - $38.38 billion US (up 26% YoY)

• Amazon News
• Nike leaves Amazon
• Amazon Grocery Concept in LA won't have Amazon-Go
• Amazon is internally testing Amazon-Go in grocery sized space in Seattle

Earnings Reports

• Walmart - US up 6.6%, E-commerce up 41% (mostly grocery)
• Target - Retail up 4.5%, E-Commerce up 31% (mostly store pickup/fulfillment)

Other News

• PayPal acquired Honey for $4b. 20X their $200M Revenue
  Kylie Jenner sold 51% of her business to Coty for $600m
  
  

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http://jasonandscot.com

Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.

Episode 199 of the Jason & Scot show was recorded on Thursday November 21st, 2019.