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Answering an analyst question on the company's e-commerce strategy, $VFC COO Scott Roe says e-commerce accounts for 5% of its revenue currently. The company has a "long range" plan of increasing the share to mid-20s, he says. "We see a lot of opportunity there. It's high margin; our most profitable format."
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
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!