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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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“Life is either a daring adventure or nothing.” – Helen Keller
Continuing our global journey to learn something new, we travel to Rio De Janeiro in Brazil. Located in Guanabara Bay, this city got its name in January 1502 when Portuguese explorers thought they found the mouth of a large river. Literally the name means “January River.”
The Carnival in Rio is world famous with 2 million taking the streets every day. Incidentally, the word “carnival” comes from Latin and it means “to remove the meat.” It refers to an era where Roman Catholics would indulge in one last day of dancing, drinking, and general fun (eating lots of meat) before the start of Lent, a period of abstinence in the run up to Easter.
The now famous Copacabana beach in Rio did not always have this name. The region was originally called Sacopenapã, a name of Tupi origin that was given by fishermen who passed through there. Over time, a chapel was built in the area with the image of Our Lady of Copacabana, brought by Bolivians. And the origin of the name “Copacabana” comes from the expression kota kahuana, from the Aymara language, which means 'view of the lake'.
This picture is me in front of the new seventh wonders of the world, Christ the Redeemer, on a very foggy day. Located on top Mount Corcovado, it was completed in 1931. The outstretched arms span 28 meters (92 feet). Getting up that mountain on a rainy day was an adventure. They tell me the view is spectacular….
Don’t put off living until tomorrow for too quickly there will not be enough of those days left to enjoy. Dare to be more adventurous for life is one sweet ride when you open your mind to endless possibilities.
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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