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Kroger is tapping Microsoft to help create grocery stores of the future, and keep up with Amazon and Walmart.The two companies announced a partnership on Monday that will bring digital shelves, price tags, and advertisements to two pilot stores in Ohio and Washington State, near each company's headquarters.The stores are designed to make it easier for customers and workers to navigate the stores, saving shoppers time and Kroger money.Kroger has been partnering with companies such as Nuro, Ocado, and Walgreens as it aims to speed up grocery delivery and pickup, and experiment with digital tools to support its network of physical stores.The grocery chain is trying to give shoppers — who are increasingly browsing and buying everything from consumer electronics to breakfast cereal online — more reasons to visit physical stores.Under the latest partnership, customers first build a shopping list using Kroger's Scan, Bag, Go self-checkout app.Then, the app works with cloud-based software and sensors in the store to guide them around as they check off items on their list. For example, if a customer is looking for pasta, the app will direct the customer to the correct aisle. As the customer nears the aisle and approaches the type of pasta they chose, a personal avatar — like a banana or an avocado —will light up that directs them to the right one. They'll scan the item to check out, and the system will route the customer to the next item on their list."The notion of Kroger having to figure out what digital looks like in store for a grocery shopper is super important," said Jason Goldberg, head of the commerce practice at digital agency SapientRazorfish. He believes the tech could appeal to customers who want more information about the food they're buying, where it comes from, and how to store it in their homes.Shelves at the two tech-enhanced stores will also look much different than traditional stores.Instead of paper tags for prices and promotions, they will be digital. That creates room for Kroger to sell advertising space to brands, which could provide a new profit stream in the low-margin grocery business.Switching will help Kroger quickly change prices on products and create deals, instead of an employee manually making the changes. Kroger said it will boost workers' productivity, since employees will be able to quickly locate products for customers' curbside grocery pickup orders.Kroger's ( 2443
It's a document that became so famous — or infamous — in the two years since its existence was reported that it's now known by a simple two-word phrase: the dossier.The controversial 35 pages of intelligence memos compiled by retired British spy Christopher Steele paint a picture of widespread conspiracy of collusion between the Trump campaign and the Russian government. To Democrats and President Donald Trump's critics, the documents tell a story that could amount to treason.To Trump and some of his loudest defenders, the dossier was flawed from its inception, abused by the FBI to pursue an investigation into Trump's team that preceded the appointment of special counsel Robert Mueller. Trump has said the memos are "phony" and full of lies, and has pointed out that the project was funded by his political opponents, including Hillary Clinton's campaign.It was two years ago, January 6, 2017, that then-FBI Director James Comey briefed President-elect Trump about some details from the dossier. Days later, 1029
Jed Allan, star of "Beverly Hills, 90210" and several soap operas, died at the age of 84, according to the actor's fan page on Facebook."So sorry to post the very sad news of my fathers passing tonight," his son, Rick Brown, 237
It's a tough time to get into the retail business, but figurine maker Funko thinks its toys are popular enough to make it work.The company that produces the popular toys with heads that bobble plans to open up a nearly 40,000-square-foot store in Los Angeles later this year."So many people are looking for an experience when they shop — not just buying things," Funko CEO Brian Mariotti told CNN Business in an exclusive interview. "This is retail times pop culture."Funko is known for its vinyl figures that are based on popular movie, TV and comic book characters. It also reproduces real life athletes. The company has licenses with most big studios, including Disney for its Marvel, Pixar and Star Wars characters, Warner Bros. for the DC Comics and Harry Potter franchises as well as Pokémon. (Warner Bros., like CNN, is owned by AT&T's WarnerMedia.)The LA store will be located on Hollywood Boulevard, not far from the famous TCL Chinese Theatre. It will neighbor a Shake Shack and SoulCycle — in other words, trendy. Mariotti said the company is targeting both tourists and local residents.Funko already runs a smaller retail outlet at its corporate headquarters in Everett, Washington. Mariotti said that when the company opened that store up, he thought it would be a hit with pop culture enthusiasts and Funko employees. The store wound up exceeding those expectations.Mariotti said moms with young kids are big fans. Many customers are repeat visitors, too. That proved to Funko that it might be a good idea to set up shops in cities that could attract a mix of local fans and enthusiasts willing to travel to the store.The new Hollywood location will let customers pose with life-size Funko figures and sit in a toy version of the Batmobile, he said.He added that the company was still working with the building developer and local officials in Los Angeles, so the store won't be ready for a while. But he hopes to open it in time for Halloween. Parts of the store are being built in Washington and shipped down to California.If the store is a success, Mariotti said that more Funko locations could open up in other tourist meccas, such as London, Tokyo and Las Vegas.But he was quick to point out that Funko isn't trying to compete with its retail partners. Funko, like other toy companies, sells a lot of merchandise on Amazon and at Walmart and Target. The company also has distribution at specialty retailers like GameStop and Hot Topic.Instead, Mariotti said the goal is to build even more followers for the brand, driving sales at those big retailers.Funko will report its results for the fourth quarter Thursday, and it is expected to talk more about its retail plans then. Analysts expect sales to have risen nearly 20% from a year ago and for earnings per share to have more than doubled.The stock is up more than 50% already this year. 2874
It was a great day to visit the beach and watch the waves interact with the ice. Here's a couple "ice volcanoes" erupting at Oval Beach on Sunday, February 16, 2020. 178