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As of April 2020, J.C. Penney saw its shares trading well below $1, and it has long been in danger of being delisted by the New York Stock Exchange. -from CNBC
Having started off as a mobile-first supermarket, Alibaba’s New Retail food chain now encompasses a range of store formats to cater to different consumer needs. -Alibaba Group
RETHINK Retail headed down to Miami to hear what retailers and vendors are up to in 2020. You'll hear from over 10 industry leaders about what trends are top of mind for bricks. -from Rethink Retail
Seizures of counterfeit products at U.S. borders have increased 10 fold over the past two decades as e-commerce sales have boomed. Most are coming from mainland China or Hong Kong. -from CNBC
Amazon Go Grocery lets you shop for fresh produce and just walk out, no wallet required. -from CNET
Many Wall Street economists feel it’s the US consumer who’s keeping another recession at bay. Here’s how US consumers help keep the global economy afloat. -from CNBC
JD.com is the largest online retailer in China. With over 300 million customers, we have a vast network of warehouses and delivery stations, and deliver most orders in less than a day.
From Albert Heijn Communicatie
Auto parts retailer AutoZone and its closest competitors are for now fending off competition from e-commerce giants such as Amazon by offering a lot of in-store service. - From CNBC
Now that mobile has finished taking over the world, is consumer tech over? Despite the sometimes gloomy headlines, there’s a lot of innovation brewing just below the surface. - From a16z
Neighborhood Goods is a new type of department store concept that turns shopping into a social, immersive experience. - From NRF
1.7 million USA packages stolen or lost every day. Prime members receive on avg 51 packages a year and one in three Americans report at least one package stolen. - CNBC
Artificial intelligence and vision technologies give retailers the ability to see, learn and make decisions like never before. - From Intel
Artificial intelligence and vision technologies give retailers the ability to see, learn and make decisions like never before. - From Intel
NRF 2020 Microsoft CEO Satya Nadella opening keynote with his thoughts on the future of retail and how technology can help the industry transform. - From NRF
NRF 2020: Retail’s Big Show is where the entire industry unites to get a whole new perspective. - From NRF
From 2010 to 2019, the retail apocalypse and changing tastes killed off many iconic companies. We lost Payless ShoeSource, Borders, Wow Air, and Toys R Us this decade. - From Business Insider
For seven years, Ikea has treated the smart home as a hobby. That’s changing now that Home Smart division has been promoted to the same importance as all the other Ikea businesses.- From The Verge
Returns in the U.S. create more than 5 billion pounds of waste in landfills each year, and more than 15 million metric tons of carbon dioxide. - From CNBC
Forever 21 has been practically synonymous with “fast fashion” and its massive stores have become a common fixture in America’s shopping malls. Now closing stores. - From CNBC
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Continuing our journey to learn something new, we travel to the War Rooms Museum in London England. The Churchill War Rooms is a secret underground headquarters which offers a fascinating glimpse into Britain's wartime operations, featuring the Map Room, Cabinet Room, and Churchill's office, all preserved as they were on the day the lights went out in 1945.
In the underground Cabinet Room Churchill and his key ministers and advisers would meet with the Chiefs of Staff to make important decisions about the course of World War II. Churchill was known to push his military chiefs far beyond their comfort zones, so it was likely to be a place of tension and confrontation.
The War Rooms were a top-secret location, with strict security measures and a focus on maintaining confidentiality, even down to the typewriters being noiseless. A tiny room disguised as a toilet was used for secret conversations between Churchill and the US President.
You can find some poignant graffiti, including a hand-drawn image of Adolf Hitler, in the Chief of Staff meeting room. To alleviate the health problems associated with working underground for prolonged periods of time, staff had to strip to their underwear, put on protective goggles and stand in front of portable sun lamps.
Churchill’s leadership lessons emphasize unwavering resolve, inspiring communication, and the importance of character and conviction, particularly during times of crisis. Visiting his War Rooms was inspirational.
As he also famously said, “a pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” My glass for visualizing success has always been half-full. What you visualize and action through continuous learning is what you will ultimately achieve. Believe in yourself and your dreams. Failure is never final. Reset, keep calm, and always carry on.
US Tariffs: What's the impact on global trade and the economy?
J.P. Morgan Research has lowered its estimate for 2025 real GDP growth due to heightened trade policy uncertainty, the effect of existing tariffs and retaliatory measures by foreign trading partners. Real GDP growth is now expected to be 1.6% for the year, down 0.3% from previous estimates. - J.P. Morgan Read more
Most Common Types of Fraud in America
China Coffee Wars — Why Starbucks Is Losing The Battle With Luckin -CNBC
Despite adding around 1,500 new stores between 2022 and 2024, Starbucks’ revenue hasn't increased. Competition from chains like Luckin, Cotti and Manner have increased sharply in the years following the pandemic. Read more
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