EP082 - Amazon Earnings, Walmart and Other News Amazon News Amazon earnings call was a clean "beat and raise" exceeding analyst estimates for revenue and earned income.  That drove the stock up 4% (approx 960), putting Amazon in striking distance of the $1000 price (which would also make Jeff Bezos the most wealthy man in the world. Jeff Bezos comments were primarily focused on progress in India. Jeff Bezos 2016 Shareholder letter is another can't miss (and don't forget to reread the 1997 letter posted at the end if you haven't seen it before) Amazon has been profitable for 8 consecutive quarter 3P Marketplace is over 50% of Amazon sales, putting total GMV for the Quarter around $60B AWS continues to grow (47% this quarter) but rate of growth has continued to slow as they get larger Prime estimates are now as high as 80M members Amazon launched the new Echo Look device Walmart News Walmart has a new startup incubator "store 8" and Rent the Runway Founder Jenny Fleiss is the first project with a new personalized shopping concept Walmart is offer new "Jet Style" discounts when you buy online and ship to store (vs. ship to home) Walmart acquired Shoes.com url for $9M Rumors that Walmart is in talks to acquire Bonobos  Petsmart buys Chewy.com for $3.35M (largest e-commerce acquisition ever) Don't forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. Episode 82 of the Jason & Scot show was recorded on Thursday April 6, 2017. http://jasonandscot.com Join your hosts Jason "Retailgeek" Goldberg, SVP Commerce & Content at SapientRazorfish, and Scot Wingo, Founder and Executive Chairman of Channel Advisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. New beta feature - Amazon Automated Transcription of the show: Transcript Jason: [0:25] Welcome to the Jason and Scott show this is episode 82 being recorded on Thursday April 6th 2017 I'm your host Jason "Retailgeek" Goldberg and as usual I'm here Scot Wingo. Scot: [0:40] Hey Jason and hey Jason Scott show listeners Jason think it's been about 2 weeks since we set down to record a podcast and you've been. I've been to Orlando and you've been to Paris New York in Las Vegas Indian nursing the retail visits you can report on or trade shows. Jason: [0:59] Treasures of first I'd like to highlight I got to see both Eiffel towers and both empire state buildings so I feel like that I should get some sort of special badge on Swarm if nothing else for that. Scot: [1:11] Appointment by Venice in between there. Jason: [1:14] I avoided Menace in this particular Las Vegas trip I was over the end of the strip at Mandalay Bay. [1:21] So that that was this weekend that was for oracles modern user experience conference so I got a chance to, to do a keynote for their Commerce track there and that was fun I got to see a lot of colleagues and talk to some customers and see some of the new. New Direction that the Oracle Commerce Tech is going in which is interesting. [1:45] I think the week before that I was in Paris with and clients and we did some store visits. Maybe not the kind of stores that most of the e-commerce folks are interested in we went to a bunch of unique specialty stores in Paris and so. Drive for example El Royale which is like the the world's most famous Taxidermy store and got to check out some of the unique merchandising and unique Merchant. Dice it was available we didn't mention shopping in the Paris Flea Market which is kind of a. When the longer running flea markets are out there and some school stuff so that was fun but maybe not super e-commerce related. [2:29] And then I did not see any new stores in New York although I feel like they're a few under construction that I'm I'm here to check out when they open. [2:40] Abbott used cobbler in Orlando for something much more fun. Scot: [2:46] Yeah this was a spring break and, regular listeners will know I'm a big Star Wars fan so I dr