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Jun 1, 2017
06/17
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around that same time, annualson dropped its free shipping bristle from $25 to non-prime members, but mark loriruns wal-mart e-commerce is not as sweet as amazon. >> a deal with two-day shipping membership, we don't know another retailer that has thattime type of competition, any retailer at the lower threshold should times much longer. >> tomorrow is going to be mark lori's very first wal-mart shareholder meeting. we know there is a lot of pomp and circumstance involved in that event. it celebrates wal-mart's associates aed the hard work they've done and all the hard work that is still yet to be done. >> thank you so much. >> wal-mart has had a nice comeback, leave it at that. these trends are not good for them. because their u.s. comps are hovering at 1%. they're getting traction. major price commitments, major competition. that's it. i wouldn't touch it. >> all right. >> that takes to us our move of the day. take us to xrt, it surged more than 2% for its best session since late november. wal-mart, lowes, helping to drive it today. for the talk of amazon killing retail, these names have actua
around that same time, annualson dropped its free shipping bristle from $25 to non-prime members, but mark loriruns wal-mart e-commerce is not as sweet as amazon. >> a deal with two-day shipping membership, we don't know another retailer that has thattime type of competition, any retailer at the lower threshold should times much longer. >> tomorrow is going to be mark lori's very first wal-mart shareholder meeting. we know there is a lot of pomp and circumstance involved in that...
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Jun 2, 2017
06/17
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it's also mark lori's first walmart shareholders as head of walmart's e-commerce.has had a busy year already unveiling three strategies that really do use walmart's 4,700 stores to lower its cost for e-commerce, while also making it cheaper and faster for shoppers. now, the big news from this week's event so far is that three store tests that walmart is doing where employees can sign up to deliver online orders for walmart.com and jet.com for a little extra cash. last month you'll remember walmart announced they'll give you a discount if you choose to pick up your online-only orders instore instead of having them delivered and walmart lowered its free shipping threshold two days, no membership. those are all direct shots at amazon, as they hope to grab a little bit of that business. of course, the main order of business for today's events is the election of the walmart board, and that does include marissa myer, as well as instagram's founder. there will be ten members that will be expected to be re-elected and one new member, karla harris, of morgan stanley. anybod
it's also mark lori's first walmart shareholders as head of walmart's e-commerce.has had a busy year already unveiling three strategies that really do use walmart's 4,700 stores to lower its cost for e-commerce, while also making it cheaper and faster for shoppers. now, the big news from this week's event so far is that three store tests that walmart is doing where employees can sign up to deliver online orders for walmart.com and jet.com for a little extra cash. last month you'll remember...
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Jun 26, 2017
06/17
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BLOOMBERG
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mark: yes, good question. if they did divest that asset, it leads to another question -- l'oreal. andrea: if loriwant to buy it, would they want to get rid of that state to fund it. mark: the has been huge pressure, hasn't there? there has been a whole host of to do list, hasn't there, oriole, the share buyback, the formal profitability target among other suggestions -- what is doable? what is, you know, what is the company going to listen to when it comes to dan loeb's suggestions? ed: yes, this is where he has come with a menu of requests. strategy, butone multiple things the company can do. the l'oreal stake will be interesting if they even have a discussion about that. it is huge. it is worth something lightweight $5 billion. if you were a shareholder in nestlÉ, why should you be forced to go into l'oreal. you should be able to choose. some of the other stuff he has asked for a slightly more incremental. an investment in encore europe.utside of it's not inconceivable they could do some of that. i think the other thing that is not in the letter, but may well is obviously working guy who wasis
mark: yes, good question. if they did divest that asset, it leads to another question -- l'oreal. andrea: if loriwant to buy it, would they want to get rid of that state to fund it. mark: the has been huge pressure, hasn't there? there has been a whole host of to do list, hasn't there, oriole, the share buyback, the formal profitability target among other suggestions -- what is doable? what is, you know, what is the company going to listen to when it comes to dan loeb's suggestions? ed: yes,...
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Jun 19, 2017
06/17
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between amazon and walmart and raised real questions about how walmart is trying to move online lori in.com's markedte setting up the domain names diapers.com and soak.com. he had a ton of money. that compares to amazon's growth market value of 200 billion. barely making a dent in the online arena. hter ismichael packed back with us now. as far as i'm concerned in my view you called this. you said there is a coming war going on between amazon and walmart. amazon has just recruited a big army to help it. >> i think so. the missing element is the logistics management. what amazon is especially good is managing giant fulfillment centers and packing things and getting them on the road. they use small firms like on track. thesey're going to turn whole foods stores into refrigerated distribution centers they still have to build logistical capability for the 440 domestic locations. that's going to take a year or two. that's not going to be a this year walmart ties type event. simon,we just had bill former walmart ceo. he went to logistics as well and said that's what we underestimate with respect to walm
between amazon and walmart and raised real questions about how walmart is trying to move online lori in.com's markedte setting up the domain names diapers.com and soak.com. he had a ton of money. that compares to amazon's growth market value of 200 billion. barely making a dent in the online arena. hter ismichael packed back with us now. as far as i'm concerned in my view you called this. you said there is a coming war going on between amazon and walmart. amazon has just recruited a big army to...
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Jun 25, 2017
06/17
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it has been several years since mark zuckerberg sat down with a journalist for an interview. lori's almost at 2 billion users. you think about the amount of reach that has, the impact. and a lot of us are asking about the future of facebook and that impact. and mark zuckerberg has been speaking the future of facebook so much so he's decided to completely over haul the mission. i had the opportunity to sit down with his here in chicago. take a listen. >> i used to think that if we just work to give people a voice and help people connect, that was going to make the world all better by itself. but now i feel like we have a responsibility to do even more. because today a lot of society is divided, right, so it's pretty clear just giving people a voice and connecting people isn't enough. >> reporter: it's an admission by one of the most flunchs tech leaders that the world's most popular social media network needs to change. >> so today we're going to set a new mission to set our course as a company for the next decade. and the full former mission statement is going to be to give people
it has been several years since mark zuckerberg sat down with a journalist for an interview. lori's almost at 2 billion users. you think about the amount of reach that has, the impact. and a lot of us are asking about the future of facebook and that impact. and mark zuckerberg has been speaking the future of facebook so much so he's decided to completely over haul the mission. i had the opportunity to sit down with his here in chicago. take a listen. >> i used to think that if we just...
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Jun 23, 2017
06/17
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mark zuckerberg. how do they take on fake news and a filter bubble that divides the country? in an interview, he tells lori seigel that facebook is overhauling its mission statement. the plan is to connect communities, not just individuals. >> people are connecting over something that they have in common. there's research that shows that if you want to engage on issues that you disagree on, right, things that society is divided on, the first thing you need to do is connect over common humanity. that can be as something as simple as we both have families or we both like a tv show together, we both like the chicago cubs, or whatever it is. bringing people together and creating communities is a lot of what we can do to create more civil and productive debate on some of the bigger issues, as well. >> what have you had to learn from the spread of misinformation, or what have you learned to make sure that people can really connect? >> yeah. the biggest thing that i've learned as i've traveled around is that great communities have great leaders who are engaged and who just feel an ownership of taking care of the
mark zuckerberg. how do they take on fake news and a filter bubble that divides the country? in an interview, he tells lori seigel that facebook is overhauling its mission statement. the plan is to connect communities, not just individuals. >> people are connecting over something that they have in common. there's research that shows that if you want to engage on issues that you disagree on, right, things that society is divided on, the first thing you need to do is connect over common...
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Jun 7, 2017
06/17
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we think mark's gonna help us dominate the tech space where we want to be, daymond's gonna help us with branding, and lori's gonna help with distribution. it's a dream team. right. we couldn't be more excited. yeah. "... mary ellen: that's pretty. i like that. lemonis: ...a family has sunk their life savings into their swimwear company... i leave here inspired by your story. ...only to find themselves out to sea. i mean, you guys are, essentially, out of business right now. that's a lot of pressure on you. there's no clear leader... charlie: i've kind of run the show. -mary lou: no. -mary ellen: [ scoffs ] lemonis: ...no design process in place... charlie: i just don't have the time. chuck: no, you did. you did. you absolutely did. lemonis: ...and now, there's no money left either. mary ellen: they have put their finances into running this company. i don't want to see you guys lose everything. mary lou: i don't want you to worry about me. lemonis: if i can't help them swim with style, it won't be long before they go under. -mary lou: i'm afraid. -lemonis: listen, listen. listen, come on. -mary lou: i'm afra
we think mark's gonna help us dominate the tech space where we want to be, daymond's gonna help us with branding, and lori's gonna help with distribution. it's a dream team. right. we couldn't be more excited. yeah. "... mary ellen: that's pretty. i like that. lemonis: ...a family has sunk their life savings into their swimwear company... i leave here inspired by your story. ...only to find themselves out to sea. i mean, you guys are, essentially, out of business right now. that's a lot of...
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Jun 23, 2017
06/17
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founder mark zuckerberg knows this and is responding to his company's roam in creating this -- role in creating this so-called filter bubble. he gave an exclusive interview to cnn telling tech's loririginal mission needs to change. >> i used to think that if we work to give people a voice and help people connect that that would make people better by itself. i think that those are important things to do, and we're still going do them. now i feel like we have a responsibility to do even more. today a lot of society is divided. so it's pretty clear that just giving people a voice and connecting people isn't enough. we also have to do work to bring people closer together. >> let me ask how you do that. technology to a degree has always promised to help us discover and to help us learn. there's also the question of is information being hijacked and spread, how do you remain a place of authenticity and for real discourse? >> people are connecting over something they have in common. if you want to engage on issues that you disagree on, right, things that society is divided on, first thing that you need to do is connect over your common humanity. that could be something as simple as we bo
founder mark zuckerberg knows this and is responding to his company's roam in creating this -- role in creating this so-called filter bubble. he gave an exclusive interview to cnn telling tech's loririginal mission needs to change. >> i used to think that if we work to give people a voice and help people connect that that would make people better by itself. i think that those are important things to do, and we're still going do them. now i feel like we have a responsibility to do even...