{"id":2301,"date":"2018-09-27T16:08:02","date_gmt":"2018-09-27T15:08:02","guid":{"rendered":"http:\/\/www.wasteyourtime.co\/?p=2301"},"modified":"2019-09-09T13:02:12","modified_gmt":"2019-09-09T12:02:12","slug":"amazon-store","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2018\/09\/amazon-store\/","title":{"rendered":"Amazon is Opening Store in New York for 4-Star Rated Products"},"content":{"rendered":"<p style=\"text-align: right;\"><i><span style=\"font-weight: 400;\">1 min read<\/span><\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2303\" src=\"http:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/amazon-is-opening-store-in-new-york-for-4-star-rated-products-2-e1538060627711.jpg\" alt=\"Amazon is Opening Store in New York for 4-Star Rated Products 1\" width=\"700\" height=\"459\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Amazon.com on Wednesday said it is opening a general store in New York City. It will sell toys, household goods and a range of other products highly rated on its website.\u00a0Amazon is marking its latest push into brick-and-mortar retail.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amazon 4-star will open to the public on Thursday in New York&#8217;s SoHo neighborhood. The store will sell items ranked four stars or higher on its website. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company will also focus on stocking best-sellers and items popular with New Yorkers. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amazon&#8217;s physical shop will let customers play with Echo speakers, Kindle e-readers, and other devices made by the company.<\/span><\/p>\n<p><a href=\"https:\/\/traders-paradise.com\/magazine\/2019\/05\/modern-german-investors\/\">Who are the best modern German investors?<\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_74 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/09\/amazon-store\/#It_will_also_sell_books_games_and_kitchenware\" >It will also sell books, games,\u00a0and kitchenware.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/09\/amazon-store\/#The_extent_of_Amazons_ambition_for_the_new_store_format_is_unclear\" >The extent of Amazon&#8217;s ambition for the new store format is unclear.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/09\/amazon-store\/#Grocery_remains_the_other_key_category_for_Amazons_brick-and-mortar_play\" >Grocery remains the other key category for Amazon&#8217;s brick-and-mortar play.<\/a><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"It_will_also_sell_books_games_and_kitchenware\"><\/span><strong> It will also sell books, games,\u00a0and kitchenware.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">In an effort to tie-in with the digital realm each item displayed in the store will carry its own digital tag displaying the list price, star rating and volume of reviews received. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Those without membership in the fast-shipping club will be charged the typically higher list price while an exclusive Prime-only price will also be offered for subscribers.<\/span><\/p>\n<blockquote><p><strong>Amazon said the store was &#8220;a direct reflection of our customers \u2014 what they\u2019re buying and what they\u2019re loving.&#8221;<\/strong><\/p><\/blockquote>\n<h4><span class=\"ez-toc-section\" id=\"The_extent_of_Amazons_ambition_for_the_new_store_format_is_unclear\"><\/span><strong>The extent of Amazon&#8217;s ambition for the new store format is unclear. <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">The company is known for experimentation, and a spokesman declined to comment on expansion plans. Amazon has previously experimented with physical stores, opening around 12 bookstores earlier this year and establishing its own convenience store chain in native Seattle.<\/span><\/p>\n<p>Michael Pachter, an analyst at Wedbush Securities, said Amazon will add new stores if the format takes off. But he expects it may not.<\/p>\n<blockquote><p><strong>&#8220;If I&#8217;m looking for a television and the store is full of kitchen appliances, it doesn&#8217;t help me very much,&#8221; he said.<\/strong><\/p><\/blockquote>\n<h4><span class=\"ez-toc-section\" id=\"Grocery_remains_the_other_key_category_for_Amazons_brick-and-mortar_play\"><\/span><strong>Grocery remains the other key category for Amazon&#8217;s brick-and-mortar play.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">The company bought Whole Foods Market in a $13.7 billion (roughly Rs. 99,000 crores) deal last year, from which it is now delivering fresh food to shoppers&#8217; homes.\u00a0It is also rolling out small grocery shops, which we previously knew as Amazon Go.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is in-store technology. It allows customers to walk out with items. And have their credit cards billed without having to stop by a cash register.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The 4-star store appears to follow a similar format and strategy as Amazon Books, which stocks its shelves with the most popular online titles. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company also uses detailed local data to showcase categories of area best-sellers. <\/span><br \/>\n<span style=\"font-weight: 400;\">Shoppers can check the online price of books they are interested in with a phone or scanner.<\/span><br \/>\n<span style=\"font-weight: 400;\"> Amazon will use the store to hawk its own devices, allowing consumers to test them out and buy them in store.<\/span><\/p>\n<p>You might be interested: Algorithms make fails more often than you expect.<\/p>\n<p><a href=\"https:\/\/traders-paradise.com\/magazine\/2018\/07\/money-risk-trading\/\"><b>Risk Disclosure (read carefully!)<\/b><\/a><br \/>\n<b><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1 min read Amazon.com on Wednesday said it is opening a general store in New York City. It will sell toys, household goods and a range of other products highly rated on its website.\u00a0Amazon is marking its latest push into brick-and-mortar retail. Amazon 4-star will open to the public on Thursday in New York&#8217;s SoHo [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1010,1004],"tags":[487,488,489],"class_list":["post-2301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-overviews","category-latest-financial-news","tag-amazon","tag-amazon-4-star","tag-new-york"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amazon is Opening Store in New York for 4-Star Rated Products - Traders-Paradise<\/title>\n<meta name=\"description\" content=\"Amazon is opening a general store in New York City. 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