Grab n’ Go…
According to reports, Amazon is considering opening 3,000 of its cashier-less stores by 2021. Currently, the e-commerce giant has three locations, known as Amazon Go, in Seattle and Chicago. The automated grocery stores provide customers with no lines, no checkouts, and no registers. Customers simply scan their Amazon Go apps as they walk through the the roughly 2,000 square feet stores and then walk out. The stores primarily sell grab-and-go food items such as prepared sandwiches, salads, yogurt, and granola bars. If Amazon is successful in opening its 3,000 stores it would be a distributor to convenience stores and fast foot chains across the nation. Shares of Walgreens, Walmart, Target, and Kroger moved sharply lower following the release of the report.
Delta Air Lines announced it will increase its charge for a first checked bag to $30. The move comes less than a month after a similar move by JetBlue and United Continental. The hike leaves American as the only major airline to leave its checked bag fee at $25. A second bag will set you back $40 on Delta, United, and Jet Blue. Travelers who take part in airline loyalty programs can avoid the fees. Southwest remains the only airline to offer free checked bags to their customers.
Asia: Asia markets closed mixed on Thursday as investors reacted to continued trade tensions.
Europe: European shares end their Wednesday session on a good note as investors shook off trade worries.
U.S: U.S markets closed in the green on Wednesday as investors continue to monitor the latest trade drama. DJIA: +158.80 26405.76 NASDAQ: -6.07 7950.04 S&P: +3.64 2907.95
Word of the Day:
A statistical technique used to even out periodic swings in statistics or movements in supply and demand related to changing seasons.
Dinner or Drink:
Limoncello Citrus Sangria
1 Pink Grapefruit
750 ml bottle chilled white wine (I used Sauvignon Blanc)
1½ cups Limoncello
3 cups sparkling water or sparkling wine
Clean the orange, grapefruit and lemons thoroughly then cut into ¼ inch thick slices.
In a large pitcher combine white wine, sliced citrus and limoncello. Refrigerate at least 4 hours or overnight.
When ready to serve, stir in the sparking sparkling water (or sparkling wine). Pour into individual glasses. If desired, garnish glasses with sliced fruit from the pitcher.