In online commerce news, big box store giant Walmart is planning to buy the online retail startup Jet.com for $3 billion. Jet.com started last year as a would-be competitor to online giant Amazon. It featured a pricing model based on how much stuff one buys, as well as free two-day shipping.
Below is an infographic showing how much revenue various major US retailers brought in in 2015.
Much has changed in both technology and in the business world since 2006. A decade ago, the smartphone boom hadn’t started, Apple started its MacBook series of laptops (replacing the previous iBook and Powerbook lines), and social media was just taking off.
On the business side, the most valuable public companies in 2006 were mostly energy companies or banking. However, the next 10 years would see big changes for both sectors.
Back in 2014, I wrote about the various digital video services available that sell or rent digital videos. While Netflix, Hulu, and similar streaming services are convenient, some may still want to either rent or buy TV shows/movies. Yes, DVDs and Blu-Rays are still available, but their popularity and sales are starting to wane in favor of … Read more