Top 25 Retail Website / Global Retail Influencer
Even before the coronavirus pandemic started gamers had already begun to shift from buying packaged software at brick and mortar stores to downloading games directly to their consoles. -from CNBC
It’s becoming more and more popular in China, with online streams raking in millions of viewers and buyers. But could it ever take off in other parts of the world? -CGTN Europe
Costco makes billions doing what in retail might once have been thought unthinkable: charge people to shop there. -from CNBC
Here are some ways to spot fake reviews and what Amazon and others are doing to try and stop them -CNBC
As retail traffic continues to migrate to digital, companies are changing how their sites are designed using principles of behavioral economics. -from Cheddar
How spending habits are changing as millions of Americans continue to work from home. -from Yahoo Finance
Once known for its “treasure hunt” atmosphere, colorful home furnishings, and distinctive holiday decorations, Pier 1 filed for bankruptcy in February 2020. -from CNBC
Apple Marina Bay Sands is the first Apple floating store in the world and will be opened soon. -from SG Yap
Brooks Brothers -- the self-proclaimed oldest clothier in the U.S. -- filed for bankruptcy in July. -from WSJ
Amid lockdowns and social distancing, the pandemic is changing what consumers want and how they buy it. -from CNBC International
From partnering with Instacart to launching Walmart+ as a competitor to Prime, here are all the ways Walmart is looking to catch up with Amazon's dominance in e-commerce. - From CNBC
J.Crew was the first big retail chain to file bankruptcy in the wake of coronavirus lockdowns. -from WSJ
Starting with the opening of the Southland Mall in 1956 malls have been a vaulted piece of Americana for decades. But in recent years they’ve rapidly lost their value. -from Business Insider
Amazon Alexa Example of the Future of Retail. 43% of voice-enabled device owners use the technology to shop. Nearly 5.5 million USA adults make purchases with their smart speakers. -TDInsights Live
WSJ tracked hundreds of store closures, coronavirus statistics and lockdown measures to piece together Apple’s shutdown strategy.
A typical day in the life after COVID-19 for shopping center employees in China as they go about their daily work routine.
Will the coronavirus pandemic lead to long-term changes in how we shop for food? -from WSJ
Latest video from Inditex summarizing their over 1 billion Euros ($1.13 billion) investment in innovation including RFID, self-checkout, and mobile pay.
Analysts and economists are paying close attention to monthly retail sales numbers as a way to gauge how the economy may be recovering from the impact of the coronavirus pandemic. -from WSJ
When the coronavirus pandemic hit, Kohl's closed all of its stores nationwide on March 19, and wasn't able to reopen until early May. -from CNBC
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Continuing our journey to learn something new, our next stop is the Grand Bazaar in Istanbul Turkey. It all began in the year 1455 when Mehmet the Conqueror, the Ottoman Empire’s visionary leader, decided to establish a center of trade in the heart of the city.
Today the Grand Bazaar or as known to locals as the Kapalıçarşı is one of the world’s most famous shopping destinations. Its 30,700 square meters (330,452 square feet) covered retail mecca is a wonder to get lost it.
Inside the Bazaar’s 64 streets and smaller alleyways are roughly 4,000 stores, a mosque, post office, cafes, banks, delicious spices from the orient galore, local foods, and even a police station. You might call it a mini or maybe even better a mega city mall plus.
As a tour guide correctly wrote, the Grand Bazaar in Istanbul is a living testament to the city’s rich history and vibrant culture. It is a place you can shop for exquisite treasures, indulge in delectable flavors, and immerse yourself in the traditions of the past.
A special life-long friend who arranged for me to experience this special place once again is what inspired this summary. Retail has so many exciting places in the world where culture and humanity come together in an explosion of all your senses. Traveling back to Istanbul of what a great feeling it is to step away from your comfort zone, focus on the probabilities, vanquish the impossible, and create immersive experiences of a lifetime.
McKinsey Technology Trends Outlook 2024
Which technology trends matter most for companies in 2024? New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies. The two trends that stood out in 2023 were gen AI and electrification and renewables. - From McKinsey and Company Read more
Visualizing the Cost of Hosting the Olympics
The Paris Olympics are estimated to cost over $9 billion to host, making them one of the less expensive Summer Olympic Games in recent memory. The International Olympic Committee requires cities to have at least 40,000 hotel rooms for spectators and an Olympic Village that can house 15,000 athletes and officials. - From Visual Capitalist
Why EV Leases Are So Cheap Right Now In The U.S. -CNBC
Automakers are offering steep discounts on electric vehicles, and especially on leases. In the first three months of 2024, less than a quarter of car buyers leased vehicles, but more than a third of EV buyers did. Read more
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