Amazon: the new Montgomery Ward
Amazon (let's be honest) is a company in trouble. Oh, its financials are fine. It's profitable, even. It's growing. By all normal metrics, it's not in trouble at all. But common sense says the shit's about to hit the fan. Amazon is on a collision course with destiny—the destiny of all companies who ever tried to do too much (Kmart, Federated Dept.
U.S. drug companies often create miracle drugs and they deserve to be rewarded, but we must not let drug companies' financial needs overtake common sense. Read Post
News updates all day from your Fast Company editors. Amazon's last quarter results were reported late yesterday, and show that the online retailer is seriously growing its sales: Revenues at $13.2 billion were up 34% year on year. B... Read Post