NatalieLopez

 17 Apr 24

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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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Nov 24
 22 Nov 24
 22 Nov 24