Tag Archives: Commerce

History: ‘The Building Of The Erie Canal’ (1817-1825)

The Erie Canal is a 363-mile waterway that connects the Great Lakes with the Atlantic Ocean via the Hudson River in upstate New York. The channel, which traverses New York state from Albany to Buffalo on Lake Erie, was considered an engineering marvel when it first opened in 1825.

The Erie Canal provided a direct water route from New York City to the Midwest, triggering large-scale commercial and agricultural development—as well as immigration—to the sparsely populated frontiers of western New York, Ohio, Indiana, Michigan and points farther west. The canal transformed New York City into the young nation’s economic powerhouse, and in 2000 the U.S. Congress designated the Erie Canal a National Heritage Corridor.

Commerce: ‘Will Digital Payments Replace Cash?’

Is cash still king? The coronavirus pandemic may cause a drastic decline in cash usage due to the risk of contamination. The unprecedented surge in the demand for contactless payment has also shown outstanding performances for major companies offering cashless payment methods, like Apple, Square and Paypal. Could covid-19 signal the end of cash in the United States and can the U.S. really function without physical currency?

Technology: “Amazon Empire” (Frontline Video)

An inside look at how Amazon CEO Jeff Bezos built one of the largest and most influential economic forces in the world — and the cost of Amazon’s convenience.

Jeff Bezos is not only the richest man in the world, he has built a business that is without precedent in the history of American capitalism. His power to shape everything from the future of work to the future of commerce to the future of technology is unrivaled. As politicians and regulators around the world start to consider the global impact of Amazon — and how to rein in Bezos’ power — FRONTLINE investigates how he executed a plan to build one of the most influential economic and cultural forces in the world.

Future Of Grocery: Ahold Delhaize Digital “Nano Store” Uses Debit Card To Enter, Leave With Items

From a Grocery Dive online review:

Ahold Delhaize NanoStoreShoppers have to use a debit card at the door to gain entry to the store. Then they can shop for products and just walk out. Upon exit, customers can verify their purchases against the receipt. No cash is accepted.

“This speaks to the original design thinking behind NanoStore: to make a plug-and-play modular store so it can be easily placed and moved where people need it the most,”

Albert Heijn first unveiled the fully digital store under its AH To Go name in September at its headquarters in Zaandam in the Netherlands, where it was open only to employees. The move to Schiphol Airport gives the company an opportunity to pilot the technology with consumers in a highly trafficked area.

To read more: https://www.grocerydive.com/news/ahold-delhaizes-nanostore-heads-to-the-airport/568170/