- An analyst at RBC Capital Markets stated in a research note that Amazon’s move to one-day shipping will generate an additional $24B in revenue and drive the stock price to $2,600, nearly a 50% increase to its current price.
- Lululemon has unveiled a luxury streetwear brand named “Lab” which it has been experimenting with since 2009. The collection will only be available at 10% of stores as its planned to be more expensive and more exclusive than Lululemon’s main line.
- Amazon is now processing returns for online orders at some Amazon Go locations. The initiative could end up saving the retailer a great deal of “reverse logistics” expense as Amazon Go locations grow and Amazon is processing returns at more physical locations.
Source: Analyst: Amazon’s new 1-day shipping initiative will increase sales by up to $24B, drive stock to $2,600 | Geek Wire
Source: Lululemon’s first new brand, 10 years in the making, is here | Fast Company
Source: Amazon is now accepting returns in some of its Go stores — and it’s a brilliant strategy to slash logistics costs | Business Insider