Trump gets the day off...but he'll be back...

[GordonJ]

At least my slings and arrows will be back.
But today, how about

Walmart and
Jet.com

One guy spent 18,000 to win a contest, getting members signed up a year ago...and he won. Got some stock.

TODAY. His stock could be worth between 20 and 30 MILLION DOLLARS.

So what will tomorrow look like?

See, retail shopping is shrinking quickly, MALLS are closing right and left.
As I mentioned several months ago, they would make great

DELIVERY centers

Chapel Hill Mall is 10 mins away and has over 30 store vacancies and more to come. It is conveniently located.

I actually wrote to a couple of Fortune 100 companies suggesting it could be a North East Ohio delivery center, within a couple of hours of one of the densest populations in the country.

Couple those with a small fleet of trucks and strategic "mini warehouse" locations and you could deliver millions of products a day to consumers.

Now, Jet.com is a basic DROP SHIPPER.

Sure we've talked about this before, with books and such.

Amazon has built huge distribution centers, well, Walmart already has them, and now with Jet in the fold, will usher in a new era of at home shopping.

I predict that within 5 years most grocery stores will be half the size they are now, and some of the larger ones will PARTNER up with Walmart or Amazon and become one of their affiliate distribution centers too.

Very very soon, you will order your new TV online and it could be delivered in 2 hours, or probably less time than it takes your cable company to hook it up.

Now Jet is about PRICING, as is Walmart, and the more you buy the more savings. With data management, you will receive phone alerts whenever your staple items are due to be repurchased...

so, your laundry list might be

Soap, dryer sheets, bleach, stain removers. And they can have it to you in the afternoon, you just text an OK or remove or add to the list and authorize payment.

Then it is delivered to your door. Or, in some areas, delivered by DRONE.

P&G for example already has thousands of regional supply centers known as Walmart (or Sam's) stores...and they, the stores will have automated delivery from the Mfgr.

So, when a box of Tide is sold in Cleveland, the replacement box is en route, and targeted toward a specific customer who buys once a month.

The data will become so accurate, they can reduce the shelf space, eliminating big stores, and have smaller stores with bigger "back rooms", which will act as distribution centers. The Walmart you see today, will have been redone with half of the store in the back room.

AI will have it all automated, even launching the drones, or driver less delivery cars. And there will be sizeable reductions in the retail work force...

An opportunity to retrain millions of current retail employees.

But keep in mind, Jet.com is basically a Drop Shipping company

This 3 Billion dollar CASH buy, will open the doors to many biz-ops...

So, start brainstorming how you can cash in on what is about to happen.

A small fleet of HyBrid delivery vehicles, which get charged from solar panels or a few giant windmills,

Chapel HILL Mall would make a perfect wind farm, and could keep those electric delivery drones charged up.

The future will have a different look.

GordonJ

PS. Of course, if the madman Trump gets elected, all bets are off...for any FUTURE plans. Well, I guess I couldn't give the Donald a day off after all.

Originally Posted by GordonJ

See, retail shopping is shrinking quickly, MALLS are closing right and left.

I'm seeing the same thing with strip malls. The vacant units are not being filled.
These are located in what would commonly be described as "good" areas

Now you've got me thinking about it. Particularly in light of the new "security state" arrangements, I see coming down. (Doesn't matter who is elected prez.)

Ron

[GordonJ]

Originally Posted by ron lafuddy

I'm seeing the same thing with strip malls. The vacant units are not being filled.
These are located in what would commonly be described as "good" areas

Now you've got me thinking about it. Particularly in light of the new "security state" arrangements, I see coming down. (Doesn't matter who is elected prez.)

Ron

Doug Mcmillon made the statement that BASKET economics are more important than unit economics.

Read between the lines and you see why the malls are closing, strip malls are not being filled.

NOBODY (in their right mind) just runs into Walmart to pick up one thing.

"Honey stop at Walmart and pick up some oatmeal."

OK he says as he pulls into 7-11 and utters, "like Hell I'm going to Walmart".

So, the kid is going back to college, instead of running all over town, you shop Jet.com, and the more you order, the LOWER the prices to the point you will SAVE more at a one stop, rather than running for the bargains here and there, the loss leader won't stand a chance.

See, this is the Basket Economics which will drive retail for years to come, and the mom and pop better be good at what they do too.

Even restaurants and fast food, imagine the Burger Prince with delivery service and the more Whippers you buy, the lower the price, your kids birthday partY has just been made more affordable...

And so on.

Add shelf robotics into the mix, and eliminate most of the stocking needs, and you save in employee costs and shelf space. Little R2D2s running around restocking the unit which just went through the register.

Truly George Jetson on his way.

One area sure to grow is RECREATIONAL areas, and family events, the mall could be the StayCation, having a mini Disney like experience and the former Sears is now a hotel, hostel, or in many malls, the local flop house or homeless shelter (oops talking Trump economics again, my bad).

As Entrepreneurs we want to look into the future and SEE the biz-ops, and one I see booming, as it has been for the last decade is the CASH/Barter economy, until the near future eliminates cash from our lives.

Such an exciting time for us.

And as an aside, my chattel apprentice is also doing swell with his restaurant buying and selling, and I am still talking him out of storage, although I think he is going to rent one of those storage units. But building networks is the secret (as I've blabbered about for over a decade) to making quick transactions where storage isn't needed.

GordonJ

PS. And local biz will need to advertise even more to stay in the game, YEA for those of us in the advertising game, hip, hip HOORAY.

I think relationships may be the key for any business. They certainly have made a lot of money for me.

Originally Posted by GordonJ

But building networks is the secret