Hey everyone, and welcome to this week’s installment of TraQing News! We know you’re ready for the weekend, so we’ve rounded up some content for you as you wind down your week. From Amazon’s offer to purchase Whole Foods to the state of the wearables market, here are some of our favorite articles from this week:
5 ways Amazon could use Whole Foods to crush the competition | Patrick Kulp: There was a major shakeup in the grocery industry when Amazon offered to pay almost $14 billion for Whole Foods. This is already affecting grocery stores across the country, but it could have a profound impact on the rest of retail, too. Beyond the obvious expanding of their reach, Amazon stands to gain a lot of opportunities if this purchase goes through.
Apple started making iPad because Jobs ‘hated’ a Microsoft exec | Shara Tibken: Never underestimate the power of spite as a motivator. The game-changing iPhone and its bigger tablet sibling, the iPad both got their start because Steve Jobs didn’t like talking to a Microsoft executive with whom he was acquainted. And believe it or not, the iPad was actually the basis for the iPhone! So much history developed all out of frustration is pretty cool in my books!
40 Years From Now, The U.S. Could Look Like Las Vegas | Jed Kolko: Need to start planning on what demographics to market to in the future? Then you ought to take a trip to Vegas! Not for gambling, though- the demographic makeup of Las Vegas is similar to what the US population will look like by 2060. If Las Vegas is out of your price range, Orlando, FL and Atlantic City, NJ are also similar to 2060’s projections!
The ‘dead’ wearable market is primed to double by 2021 | Brett Williams: I know we’ve written about wearables before, but hear me out! Despite rumors of their inevitable demise, it appears that the wearable market is steadily (if slowly) growing. So be prepared to continue to see gadgets attached to people’s wrists as Android Wear, Apple Watch, and other players in the market continue to iterate and evolve.
If articles like these have whetted your appetite for more consumer durables industry news, follow @TraQline on Twitter and The Stevenson Company on LinkedIn! See an article you think we should feature in our weekly roundup? Let us know by tweeting us and tag it with #TraQingNews.
We’ll see you next week!