|
 |
|
|
AMZN is staring down failed package delivery with Amazon Lockers. |
|
|
Released on Tuesday, August 7, 2012, 9:15 AM ET
Pittsburgh, PA (SpeculatingStocks) - Amazon, Inc. (NASDAQ:AMZN) and other online retailers have long battled failed package delivery whether due to people missing a delivery or customers having their items stolen from their doorstep. This has become a growing problem.
AMZN is one of the most innovative companies out there (see Amazon Emphasizes Robots with Acquisition), so it is not a surprise that they are one of the first big ecommerce companies to tackle this problem by using lockers.
The tactic was actually borrowed from Wal-Mart and Best Buy, but AMZN has the foresight to put the plan in motion on a large scale. AMZN already has lockers in Seattle, New York and near Washington DC with the San Francisco Bay as its most recent locker area.
The lockers are opened by a code that is emailed to the customer looking to pick up their Amazon package there. Usually the lockers are within stores that are open 24 hours a day such as 7-Eleven or 24 hour grocery stores.
AMZN shares have risen throughout 2012 from the $170 level to over $230 a share now. AMZN's 52-week high is $246.71.
Find more stocks on the SpeculatingStocks homepage.
Comments:
|
|
