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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 to learn something new, we travel to Florence Italy. It is not just the birthplace of the Renaissance, but also the place where the piano, opera, and gelato were invented.
America is named after the Florentine Amerigo Vespucci. The story of Pinocchio was written in this city. The famous luxury fashion brand Gucci was founded Florence by Guccio Gucci in 1921 and you can still visit the first store located here. It’s also where you will find the world’s oldest pharmacy established in 1221.
Florence’s cathedral, Santa Marie del Fiori or Il Duomo, is the 11th largest church in the world, was built with over 4 million bricks and took 140 years to complete Michaelangelo’s statue of David was created between 1501 and 1504.
Dante Alighieri, the father of the Italian language, wrote “The Divine Comedy” in a Florentine dialect that eventually evolved into modern Italian. The city is also credited with establishing one of the first medical schools in Europe, the University of Florence School of Medicine.
In a 2017 personal article titled “Reflective Moments that Change your Life,” I reflected on the Florence experiences of three quintessential Renaissance men. The biographies of Leonardo da Vinci, Michelangelo, and Galileo clearly illustrate, there is no perfect life. As humans we all make mistakes and fail at times. How we react and where we go next is totally up to each of us. What we think about, we will become.
You are not alone. Focus on the possible, ignore the impossible, for the glass is always half full. Be endlessly curious. Find your special place (as I did when I wrote 2017 Florence article) and have that quiet conversation with history to build an amazing fulfilling successful life.
Uncharted Territory: Global Economic Outlook 2025-2027 - 1H 2025
A decline to 2.3% global output growth is anticipated for this year and next, followed by a modest rebound to 2.9% in 2027. Our latest projections suggest 2025–2027 average growth of 2.5%, marking a decline from the 2.8% projected in January. - From Kearney Read more
The Highest Paying Industries in the United States (2025)
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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