Root Amazon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Services are also very good, but the are also services at the high-end that we like, we use. >> to your point with the online retail, yes, the online sales are superstrong and after they came out with the study that said they interviewed about 4,000 people, 15% of those people are going into department stores so what are the rest of the 85% of people doing? >> you mentioned like 1 out of 4 purchases of nordstrom's a beverage or food. >> charles: after the close, root amazon report the numbers. the initial reaction is a nonmedicated disaster, stocked on more than 7%, and they got it lower for t...

Through the amazon web services so over the past year, their business has been declining. they expected a 36% decrease in sales and with actually less than 30% so they are -- that's what's making these earnings really falter. >> charles: so this is not a proxy as for the american consumer? >> not really. amazon didn't spend a lot of money making sure that prime was up and running t to a buddy also to take a look at the numbers on web services. >> charles: a few years ago, they could spend all the money on the infrastructure stuff and alt wall street was okay with that but they don't make any m...