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Walmart launched a new store brand Bettergoods in an effort to attract new customers to more premium grocery products. And it’s not alone – private labels have exploded in sales.
As inflation cools considerably, prices for items like gasoline, used cars and energy have all declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019.
Nike is the world’s largest sportwear brand but the company is on a mission to regain its stride after a challenging year. A series of poor earnings reports over the past year eventually wiped out $28 billion from the company’s market cap and in June.
Holiday shopping is changing as e-commerce reshapes retail jobs. This year, retailers are adding 520,000 seasonal jobs, down from 564,000 last year, with a growing focus on online fulfillment.
Foot traffic to suburban shopping malls has returned to pre-pandemic levels and high-end malls are thriving. Yelp found that 17 out of the top 25 brands driving consumers to malls are restaurants
TGI Fridays, widely considered the first singles bar in the U.S., filed for Chapter 11 bankruptcy in November, citing a problematic capital structure and fallout from the pandemic.
Spirit Halloween occupies more than 1,500 storefronts and hires around 50,000 seasonal workers for just a few months of business.
Over the past decade, TJX Companies has nearly doubled its annual sales, crossing the $50 billion mark in fiscal 2024.
U.S. adults make about 1.3 billion visits to shopping centers each month or about 62 trips per person annually, according to the International Council of Shopping Centers.
From fully autonomous fast-food chains to smart carts lining grocery store parking lots, the way the food industry looks is changing due to massive investment in AI technology.
American outlet malls have been a popular destination for bargain hunting Americans and international tourists for decades.
WSJ’s Jonathan Cheng explores how Chinese brands are squeezing their U.S. rivals out.
Along with Dollar Tree and Dollar General, Family Dollar has been one of the most well-known discount retail brands in the U.S. for decades. - From the Wall Street Journal
Over the last decade, Abercrombie & Fitch pulled off one of retail’s greatest comebacks, transforming from a dying mall brand into a Wall Street darling. Its stock surged 24% on May 29th after reporting yet another strong quarter.
Spaving - or spending more to save more - is a long-time tactic used by retailers to get consumers to spend on things they don't necessarily need, usually on impulse.
If high inflation hurts just about everyone, why can’t we have no inflation?
Historical data suggests the key factor in bringing down prices is a slowdown in consumer spending. Despite nearly half of Americans reporting feeling in a worse financial situation than five years ago, they’re still spending.
In 2023, 81% of U.S. retailers implemented pay-to-return policies in some capacity. Amazon, Macy's, T.J.Maxx, Walmart and Staples all rolled out changes to their established return policies.
The American mall is alive and well. Department stores — which were historically the most important real estate in American malls — are a different story.
Temu, a Chinese-founded e-commerce company, became the most-downloaded app in the U.S. in just over a year. The retailer has flooded social media feeds with curious consumers and even aired ads at back-to-back Super Bowls.
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“Live your life as an Exclamation rather than an Explanation”– Isaac Newton
Let us travel to Cambridge University in the UK to learn something new about Isaac Newton. This English polymath actually has two birthdays. According to the modern Gregorian calendar, Newton was born on the 4th of January 1643. However, back in the 17th century when Newton was born, they still used the Julian calendar and the recorded date of this birth was Christmas Day 1642.
Newton was a preemie at birth and barely survived the first week. As a young student, he loved school and his favorite subject was Chemistry. As a later professor at Cambridge, Newton had a reputation for being reclusive and even a bit nasty, had few close friends, rarely spoke, and sometimes got so caught up with his work that he forgot to eat.
That eureka moment of an apple falling on Newton’s head is actually a legend. He merely observed it falling to the ground and wondered why it would fall to earth and not in some other direction.
We remember Newton for his work in physics, astronomy, and mathematics, but he was also interested in alchemy (turning lead into gold) and biblical chronology including predicting the end of the world. His predicted year was 2060.
Late in life, Newton took up the position at the royal mint in London, first as Warden and later as Master. He took his work seriously including chasing counterfeiters, several of whom ended up at the gallows.
This picture is in front of Isaac Newton’s office at Cambridge University with a descendant of the legendary apple tree in front. The opening quote to this summary is a powerful reminder to embrace life with curiosity and infectious enthusiasm. Stop justifying or explaining your choices to others. Find your authentic self and live a life with no regrets.
UK Retail Crime Survey 2025
Violence and abuse ballooned, rising by over 50% in the past year and 340% since 2020. Levels are now at over 2,000 incidents every single day, the highest rate ever recorded in our crime survey. The total cost of retail crime including crime prevention now sits at a colossal £4.2 billion, of which £2.2 billion is a direct result of customer theft. - From British Retail Consortium (BRC) Read more
50 Science Fiction Technologies and How Long They Took to Become Reality
List of 50 real-life technologies to showcase their journey from imaginative concept to tangible reality and explore how long it took to bring these futuristic ideas to life. - From Infographic Journal
Why Food Prices Are Still So High In The U.S. -CNBC
As inflation cools considerably, prices for items like gasoline, used cars and energy have all declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019. Read more
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