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Home Type Curated

Amazon CEO Warns About Perfect Storm as Retail Business Collapses

Austerity is the name of the game for businesses that want to survive, especially if they've gone woke.

by Epic Economist
June 21, 2023
in Curated, Videos

Editor’s Note: The video and article by Epic Economist does a good job of focusing on the economic challenges companies like Amazon are facing, but we cannot dismiss the sentiment of many American consumers regarding “wokeness.” This isn’t just about a bad economy or inflation. More Americans are rightly turning to companies both local and larger that have not embraced ESG ideology or DEI policies. This trend needs to continue. It needs to grow. With that said, here’s the Epic Economist…


The nightmare in the retail sector never seems to end, and now Amazon, the second largest online and physical retailer in the world, is giving up on its brick-and-mortar operations, according to a new report and warnings issued by the company’s CEO Andy Jassy.

Its stores continue to disappear amid the most dramatic shift the industry has ever experienced, and the problems faced by the retail giant are scaring the living daylights out of its rivals, which have a smaller market share and bigger liabilities that could rapidly throw them over the edge.

At this point, some of America’s largest brands have already started taking extreme measures to protect their businesses as they get ready for a perfect storm that is threatening to spark the most devastating wave of bankruptcies recorded since 2017. For many of our beloved retailers, this is the beginning of the end.

Amazon recently published an annual letter to its shareholders saying that its service division, a huge part of its business that generates roughly $62 billion in revenue every year, is facing a series of headwinds that are forcing the company to cut costs on other divisions, including brick-and-mortar retail, in order to focus on profitability as executives prepare for a prolonged recession.

Since Jassy took over as CEO, Amazon’s stock crashed by 44%. On Friday, the company’s shares fell again wiping out gains from the previous week after the gloomy forecast about future growth and tighter spending was shared by the executive.

He launched one of the deepest austerity plans the retailer has ever known, ending several projects, killing certain services and products, and on top of all else, cutting almost 30,000 jobs in just a few months. According to a report by The Street, Amazon is now giving up on the majority of its brick-and-mortar businesses after years of trying to expand its physical operations across the country and the world.

With the exception of Whole Foods stores, all of its grocery stores are in the process of being shut down in 2023, a trend that started last year, with the closure of several underperforming Fresh and Go stores.

Christian and Conservative news hand-curated the way it’s supposed to be. Stay full-MAGA despite the so-called “civil war” waged by the Islam-loving “woke right”.

Although these cuts may help Amazon’s bottom line in the next few quarters, the overall financial losses caused by the shutdowns will ultimately hurt the retailer in the long run. In addition, all of its remaining physical bookstores, gadget, and electronic stores are being shuttered, not only in America, but all over the globe, including 68 locations in the U.K.

The demise of Amazon’s physical stores comes at a time when other major retailers are coping with lagging sales, changing consumer habits, and rolling out their recession playbook to weather the perfect storm that is on the horizon.

Deteriorating conditions for businesses mean that even some of the biggest players out there are endangered. Sadly, we may lose our favorite stores and we may have to say goodbye to several of the brands that stayed with us for decades. This is just the start of a much bigger crisis that will force more and more retailers to rethink their entire operations. And by the end of this process, America’s retail landscape will be vastly different than what it looks like right now.

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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures

The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?

That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.

From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.

The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.

This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.

For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.

Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.

As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.

If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.

Tags: AmazonAndy JassyBusinessEconomyEpic EconomistfinanceLedeTop Story
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Comments 2

  1. StarGladiator says:
    3 years ago

    Water still wet, dudes!

    Great article on the BLATANTLY OBVIOUS and of course Amazon is faring poorly since it’s RETAIL, and since the wars on small business in both America and China have been highly successful and since Amazon is the #1 distributor for China in North America!

    Reply
  2. FranklyBlunt says:
    3 years ago

    I find it impossible to feel any pain for Amazon. They dominate the market and have a political stance which has no respect for American freedom or foundational Constitutional rights.

    Reply

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