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$LEN said the company has been working on reducing customer acquisition costs. The company has been moving advertising and marketing spend away from conventional marketing to a digital platform. In 2Q16, $LEN saw the benefit of this focus as SG&A was reduced significantly to 9.3%.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.