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The Clark Howard Podcast

Clark Howard 06.19.17

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 19 June 2017

⏱️ 69 minutes

🧾️ Download transcript

Summary

Topics: Amazon buys Whole Foods; Fake cancer charity; New Cuba travel rules; Eero mesh routers; Kids and cell phones Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Clark Howard Show and you're hearing our new Just For You podcast music.

0:14.0

And I'm so thankful and grateful to you for tuning into our show as a podcast listener.

0:20.6

I hope that it's a great experience for you every time you tune in.

0:25.9

Coming up in just 20 minutes in today's carcragious moment, we the American people are so generous.

0:33.9

We give so much money to charity more probably than anybody else on earth.

0:41.1

And that makes us susceptible to scamsters.

0:45.3

Today I want to talk about fake cancer charities in today's carcrage.

0:51.3

And later this hour Americans have gone to Cuba in the largest numbers since 1959 or 58.

1:03.3

And now there's a change coming and the policy for you to be able to travel to Cuba.

1:10.3

I want to tell you how it works.

1:11.7

I've had so many questions from people wanting to go to Cuba.

1:15.1

I want to tell you how it all plays out for you taking a trip to Cuba.

1:21.1

Right now when I talk about the trip to a supermarket that Amazon is aiming to change to the supermarket coming to you.

1:33.1

With Amazon attempting to buy whole foods and we'll see if other suitors come along.

1:41.1

The stocks of others got just clobbered.

1:44.1

Croger, Costco wholesale to name two big players Walmart took a glancing blow Walmart is the largest seller of grocers in the country selling roughly one in five grocery items purchased in the United States each year.

2:03.1

And Costco has been of late if you can believe stats the largest seller of organics in the United States.

2:12.1

And so Costco is considered to be very vulnerable to Amazon owning whole foods.

2:20.1

And that's because Costco Amazon and Whole Foods all serve generally ultra high income customers.

2:30.1

Costco serving price sensitive ones Amazon and Whole Foods serving more wealthy people who don't really care that much about price.

2:40.1

So Amazon prime members are so close overall to a whole food store that by estimates 95% of Amazon prime members are within 10 miles of a whole foods.

3:00.1

Right now only somewhere approaching 2% of groceries in the United States are delivered the other 98 plus percent we go to the store we pick out the items and we buy them.

...

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