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Starship Technologies, a company that deploys self-driving robots, will expand and deliver everything from Starbucks to pizzas 鈥?but not booze 鈥?to college students all around the country, through partnerships with food companies Sodexo and Compass Group, according to a report by CNBC.聽The latest campuses that will get the delivery robots are Purdue University, Universi
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It is not easy selling toys and games these days聽鈥?even at Christmas time聽鈥?and eCommerce platform Amazon is not making things any easier,聽Toys R Us CEO Jerry Storch told CNBC closing bell. In fact, the rise of online shopping is onl
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stanley quencher he noted.According to Storch, Amazon has a similar strategy to Toys R Us: keeping its prices generally low and strategically time the raising of those on a few of the top trending toys. The internet a perfect vehicle for trashing the margins on those products, Storch said, adding that Toys R Us ; baby business is also struggling against competitive pressures.Storch is not totally bereft of hope,聽though, and he believes the toys and games retailer will survive in some form as it evolves to take on the Walmarts and Amazons of the world. He admitted it will require an investment and a company-wide willingness to do things very differently than it has in the past, however. It going to take tremendous investment on the internet and in stores to be a retailer in the future, Storch said, noting that Amazon and聽Walmart were likely the winners of the holiday 2017 shopping season. There going to be significant consolidation ahead. There going to be more聽store closings. Those that are best capitalized are the ones that are going to survive. In light of those comments, Storch did note that some pockets of physical retail are better suited to hold
