Word: savings
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Dates: during 1990-1999
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...troops are silent. Stunned. Amazon, profitable? It's autumn 1999. For years these people have been racing toward a horizon that no one, save perhaps their utopian-futurist boss, even really sees. They know much of the Silicon Valley/Wall Street/media complex believes the commodification of online retailing will lay their company to waste. Amazon the Web's golden child, darling of NASDAQ day traders who raise its market cap even faster than the company bleeds money, is also Amazon the avatar of all that may be ephemeral and fraudulent about the dotcom revolution. Now Bezos has named a date...
...converted the garage into a work space and brought in three Sun workstations. Extension cords snaked from every available outlet in the house to the garage, and a black hole gaped through the ceiling--this was where a potbellied stove had been ripped out to make more room. To save money, Bezos went to Home Depot and bought three wooden doors. Using angle brackets and 2-by-4s, he hammered together three desks, at a cost of $60 each. (That frugality continues at Amazon to this day; every employee sits behind a door desk.) MacKenzie agreed to work with...
Indeed, supermarkets are fighting back with their own Net groceries that emphasize name-brand trustworthiness. Take Maine-based Hannaford Bros., which owns Shop 'n' Save stores across the Eastern U.S. Hannaford set up HomeRuns.com which has upped the ante by offering a double-your-money satisfaction guarantee. It's already doing brisk business in the Boston area. That's no mean feat. Boston is a nasty little incubator of Web grocers and boasts four firms in cutthroat competition; one company, Streamline, will pay to install a fridge in your garage, allowing the Web store to make unattended deliveries...
Priceline founder Jay Walker says his biggest customers are seniors, college students and parents with small children, who have the impetus to navigate the bidding process for the average $12.75 it will save them on a basket of 10 items. "For some families," he says, "that's the difference between putting meat on the table once a week and three times a week...
...nothing unless we speak first; they don't even talk to one another. They watch the countryside pass, content. We are surprised, with them and most riders, that they do not want to know where we're from. Why are they not curious about us, the Americans here to save them? At their house, a bent-over salmon-colored ranch on a brown-dirt street, they ask us if we'd like to come in for a cold drink. We decline, must move. They scoot out. In the process, the daughter's shoe catches on the seat and loses...