In the News

Forget the Last Mile, Now Wants to Own the First Mile

Fox Business (NASDAQ: AMZN) changed the retail landscape with its obsessive focus on delivering products from its distribution centers to the customer's doorstep as quickly and efficiently as possible. Amazon Prime's two-day delivery guarantee became the most visible element in the battle for the last mile of the supply chain.

Yet it is what Amazon is doing to get products from the manufacturer to its distribution centers -- the so-called first mile of its e-commerce ecosystem -- that could completely tip the scales against WalmartTarget, or any other retailer ever hoping to catch up to it, let alone surpass it.

Read more