CG: Where Food and Technology Meet
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 2 April 2019
⏱️ 37 minutes
🧾️ Download transcript
Summary
McDonald's invests in its customer experience and Whole Foods is lowering prices (again). On this week’s episode of Industry Focus: Consumer Goods host Jason Moser and Fool.com contributor Asit Sharma discuss how the fast-food giant is leaning on technology as well as Amazon's long-term strategy with Whole Foods. Plus Jason chats with Aaron Timmons to learn more about his career with Amazon in a new installment of Between Two Fools.
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| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market each day. |
| 0:06.5 | It's Tuesday, April 2nd, and we're talking consumer goods. |
| 0:09.5 | I'm your host, Jason Moser, and on today's show we'll talk about McDonald's latest acquisition |
| 0:14.4 | a little bit of more of a tech-related acquisition actually. Whole Foods is cutting |
| 0:18.7 | prices again but we begin today with a new installment of Between Two Fools. |
| 0:25.0 | As a member of Services here at the Motley Fool, Aaron Timmons enjoy spending time looking for that next great stock idea. |
| 0:32.0 | But what you probably don't know is that Aaron also spent |
| 0:35.2 | seven and a half years working at amazon.com, |
| 0:38.8 | ultimately serving as a lead operator |
| 0:41.2 | of a fulfillment center helping deploy the company's Kiva robot technology. |
| 0:46.0 | I recently sat down with Aaron to talk more about what it's like to work at Amazon, |
| 0:50.0 | how the company is bringing robots and humans together and a lot more. |
| 0:54.0 | Okay so Aaron for our listeners just right from the very beginning year |
| 0:59.0 | how did you end up at Amazon? |
| 1:01.0 | I mean what was your process for actually selecting Amazon for |
| 1:05.8 | employment in 2011? |
| 1:07.6 | Thanks for asking, Jason. For me, there was nothing like the great recession to cause me to take |
| 1:15.3 | stock of my life I think we all did that fair enough I knew that eventually I wanted |
| 1:21.5 | to be an entrepreneur but I wasn't quite ready for that yet and I didn't feel like I had all the tools in my toolkit and |
| 1:27.4 | namely that the main thing that I felt like I was missing was culture. I didn't know how to create a winning culture. So with that kind of as the backdrop, I was looking to join a great business with a great culture and deciding that probably the best way to go about that was to put my my mouth |
| 1:46.1 | where my money was I went to my motley full scorecard and I said hey if this is a |
| 1:51.0 | list of great businesses that I feel like have bright futures this |
... |
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