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Study: Three companies had 84% of shoppers spend with them in 2016
Some of the biggest names in retailing and foodservice used experiences to encourage a high percentage buyers to visit at least once last year. Specifically, Walmart, McDonald’s and Target had more than five out of six U.S. consumers shopping with them in 2016, according to “The Checkout Penetration Index,” from The NPD Group’s Checkout Tracking. -
Amazon CEO reflects on future in annual letter to shareholders
Amazon Jeff Bezos is certainly not sitting back and relaxing in his company’s success. As his annual letter to shareholders reveals, Bezos is spending a lot of time thinking how his company can remain vibrant and successful. The letter repeats a theme that the executive brought up in his letter last year: how to keep alive the animal spirits that led Amazon to greatness, reported the Seattle Times.

