The direct-to-consumer boom is coming to an end. A once bustling group of companies, backed by billions in venture capital funding, saw a record year for IPOs in 2021.
CNBC Marathon explores how companies like Amazon, Walmart and their competitors are shifting their marketing and business strategies to compete in today’s economy.
Cargo theft has more than doubled in just a year as thieves are vanishing millions of dollars worth of goods. Strategic cargo theft is surging, where criminals engage in internet-based fraud.
Walmart projects that by 2025, 65% of its stores will be serviced by automation. To compete against Amazon and Target, Walmart is investing in these automated fulfillment centers with its robotic Alphabot system and drone delivery.
Across the country, delivery drivers are fearing for their safety after reports of large groups ambushing delivery trucks and running off with packages. NBC News’ Maura Barrett shares the latest on the search for the suspects involved.
Sky high grocery bills are inflicting pain at the supermarket checkout counter. Food-at-home prices in 2022 jumped 11.4% and are expected to increase 5% in 2023. By comparison prices rose just 0.7% in 2019.
Bankrate survey found a third of people are annoyed by those pre-entered tip screens. Majority still tipping servers or wait staff at sit-down restaurants but tipping much less frequently when picking up takeout or grabbing coffee. - Wall Street Journal
HelloFresh, Home Chef, Blue Apron and other prominent meal kit companies are struggling to retain customers. In 2022, about 90% of customers at the five major meal delivery services canceled their subscriptions by the end of the year.
Primark is increasing its revenue by encouraging customers to shop in retail stores as the e-commerce industry booms. Fast fashion companies like Forever 21 have relied on online shopping to help grow, but Primark is taking a different route for expansion
U.S. consumers seem to be inundated with scary warning labels, but the fear may be necessary. Research shows people don’t pay attention unless these labels elicit strong emotion.
From Target and McDonald’s to Harley-Davidson, CNBC Marathon explores why some U.S. retailers struggle to make it abroad. Target’s first and only foray into international markets happened in 2013 in Canada.
Outfitted with cameras and sensors, autonomous inventory robots can verify price signs and look for out-of-stock items. Inventory is one of the biggest challenges retailers face.
It is estimated that tens of billions of dollars' worth of merchandise is lost to shoplifters each year. And as shoplifters become more brazen, store owners are looking for new ways to stop store owners are looking for new ways to stop them.
The U.S. warehouse club industry, which includes Costco, Sam’s Club and B.J.’s Wholesale is valued at more than $320 billion, according to an estimate by ResearchAndMarkets.com. The format is simple.
Trader Joe’s has been selling bananas for 19 cents each – for the past two decades. The grocery store offers remarkably fewer options for customers compared to other major supermarkets, and it’s consistently ranked highest for customer satisfaction.
According to the National Retail Federation, retail shrink reached $94.5 billion in 2021, as compared to $90.8 billion in 2020. Shrink refers to inventory losses due to theft, unknown loss and administrative error.
What defines the new consumer and what are the new consumer values? In a new world where the consumer is the retail driver, what does this mean for shopping malls?
The future of retail in the metaverse will be linked to an immersive and interactive shopping experience. Taobao is launching a live streaming shopping experience in the metaverse with immersive world in virtual AR and VR. - From 3DArt Channel
A new report, 'Tech in 2030', GlobalData looks at the future of retail and finds that retail in 2030 will be about the customer. Personalization and convenience will drive conscious spending and curated examples. -from GlobalData Trends & Insight
If we are going to understand the disruptive future of retail, there are 3 myths that we need to dispel away. - From Mike Walsh YouTube Channel
Page 1 of 17