tl;dr
Amazon (NASDAQ:AMZN) is optimistic about the future of its Dash Cart technology for grocery stores. The Dash Cart tracks and tallies items as customers shop, providing on-cart screens with maps, navigation, and personalized shopping experiences, while also tracking savings and spending in real time....
Amazon (NASDAQ:AMZN) is optimistic about the future of its Dash Cart technology for grocery stores. The Dash Cart tracks and tallies items as customers shop, providing on-cart screens with maps, navigation, and personalized shopping experiences, while also tracking savings and spending in real time. The Dash Cart is currently available at select Whole Foods Market and Amazon Fresh stores, and will soon be accessible at all U.S. Amazon Fresh stores and certain third-party grocery stores. Some Price Chopper and McKeever's Market stores in Kansas and Missouri are already testing the smart grocery carts. Amazon (AMZN) revealed that Dash Cart shoppers spend 10% more than non-Dash Cart shoppers at Amazon Fresh stores, with over 80% of daily Dash Cart transactions coming from repeat users, achieving a 98% customer satisfaction rating. According to Amazon's research, people are willing to travel further to a store that offers Dash Cart. Amazon (AMZN) is also pursuing cashierless grocery stores with its Just Walk Out and Amazon One palm recognition tech initiatives, aiming to transform the physical shopping experience, despite recently removing the Just Walk Out feature at some Fresh stores. Amazon's (AMZN) entry into cashierless grocery stores could potentially increase pressure on competitors such as Kroger (KR), Albertsons (ACI), Safeway (ACI), Sprouts Farmers Market (SFM), Target (TGT), and Walmart (WMT) to enhance the shopping experience for their customers.
More about Amazon.com Inc
Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Sector: TRADE & SERVICES
Industry: RETAIL-CATALOG & MAIL-ORDER HOUSES
Market Cap: 1907.02 Billion
P/E Ratio: 63.21
Dividend Yield (%): None
Beta: 2.9
52-Week High: 55.78
52-Week Low: 0.0529
Shares Outstanding: 574,784,995,000
EPS: 209.59
Profit Margin: 50.69
Operating Margin: 0.139
More about Kroger Company
Kroger Company Technical Analysis Summary
Industry: Trade & Services
Sector: Retail-Grocery Stores
Market Cap: $39,894,913,000
Current Price: $18.68
Price Change (1 Day): $1.13 ( 2.96%)
Volume: 208.97 million
Dividend Yield: 0.0144
Shares Outstanding: 1,500,390,030
RSI (14): 57.84
MACD: -0.882
EMA (9) Indicator: -0.006
More about Albertsons Companies
Albertsons Companies, Inc. participates in the pharmacy and food operation in the United States.
Sector: Trade & Services
Industry: Retail-Grocery Stores
Market Cap: 11.66B
PE Ratio: 8.61
EPS: 0.48
Dividend Yield: 2.35%
52-Week High: 139.78
52-Week Low: 0.0171
Volume: 79,163,302
Average Volume: 79,163,302
Revenue: 24.79B
Gross Margin: 2.1
EBITDA: 0.022B
More about Sprouts Farmers Market LLC
Sprouts Farmers Market Inc. Technical Analysis Summary
Sprouts Farmers Market Inc. is a retail-grocery store company that offers fresh, natural, and organic food products in the United States. The company is headquartered in Phoenix, Arizona.
Key Financials:
Revenue: $6.28 billion
EPS: $2.50
Current Price: $66.72
PE Ratio: 37.9
Market Cap: $6.84 billion
Dividend Yield: 1.76%
Beta: 0.077
More about Target Corporation
Target Corporation Summary Target Corporation
Target Corporation is an American retail corporation. Their retail formats include the discount store Target, the hypermarket SuperTarget, and small-format stores previously named CityTarget and TargetExpress before being consolidated under the Target branding.
Industry Information
Industry: TRADE & SERVICES
Sector: RETAIL-VARIETY STORES
Financial Data
Market Cap: $76,183,560,000
PE Ratio: 18.29
EPS: 4.36
Dividend Yield (%): 8.93
52-Week High: $232.75
52-Week Low: $185.23
Shares Outstanding: 1,074,119,970
Beta: 0.574
Vol Avg (3m): 107,411,997,000
Latest Close Price: $185.23
Latest Dividend: $0.0385
More about Walmart Inc
Walmart Inc. Stock Analysis Walmart Inc. Stock Analysis Summary
Company: Walmart Inc.
Industry: Trade & Services, Retail-Variety Stores
Market Cap: 482.19 Billion
Current Price: $31.33
Price Change: $0.76 ( 1.91%)
52-Week Range: $80.24
RSI (Relative Strength Index): 0.0239
Volume: 648.13 Million
Current Volume: 65.74 Million
Price Change %: -0.124
Price Change % (5-Day): 0.057
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