Amazon Is Eating Retail, Uber Is In Hot Water (Again) And More On This Week's CTRL ALT Delete Segment On CHOM 97.7 FM
Every Monday morning at 7:10 am, I am a guest contributor on CHOM 97.7 FM radio out of Montreal (home base). It's not a long segment - about 5 to 10 minutes every week - about everything that is happening in the world of technology and digital media. The good folks at CHOM 97.7 FM are posting these segments weekly on iHeart Radio, if you're interested in hearing more of me blathering away about what's going on in the digital world. I'm really excited about this opportunity, because this is the radio station that I grew up on listening to, and it really is a fun treat to be invited to the Mornings Rock with Terry DiMonte morning show. The segment is called, CTRL ALT Delete with Mitch Joel.
This week we discussed:
Amazon is eating everything. Literally. They're calling it "the Amazon effect." Just this week, the Payless shoe chain filed for bankruptcy, Ralph Lauren said it will close its flagship Fifth Avenue Polo store, Rue21 is preparing to file for bankruptcy as well. Hudson's Bay Company didn't mince words about their retail challenges last week, and Bloomberg is reporting that we could see over 50 retailers file for bankruptcy this year alone.
Uber is back in the news. It's not good news. Now, the company is involved in a class action suit over the use of "sophisticated" software that was able to defraud not just the drivers, but us passengers as well. It was filed in federal court in Los Angeles last week. And, if proven to be true, paints a terribly anti-Silicon Valley view of this company as it continues to struggle with good values and ethics in business.
This Wednesday evening, I will be giving my latest keynote presentation (for free) here in Montreal. I rarely do events that are open to the public. It's part of a Canadian Marketing Association event in partnership with KPI Digital. It's from 5:30 - 7:30 pm at Musee des Beaux Arts, and anybody is welcome to come but they have to register here.
App of the Week: Postepic.
Take a listen right here...
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