Top 25 Retail Website / Global Retail Influencer
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
The National Retail Federation’s annual 2022 survey found that the average shrink rate — an industry term for lost inventory — was 1.4%. That translates to nearly $95 billion in losses. - From Scripps News
Millard Drexler, Alex Mill CEO and Proprietor, discusses the big issues in the retail and why he believes the market is not calming down. - From Bloomberg Television
CNET looks at how technology is shaping the future of shopping at NRF 2023 expo in New York. Advancements in image recognition, combined with artificial intelligence, are keeping an eye on both the products and customers. - From CNET
At $67.2 billion, the sporting goods industry became one of the fastest-growing industries in the U.S. in 2022. Dick’s Sporting Goods controls an estimated 14.2% of that market, the most of any company.
This early stage project uses low-cost RFID chips and scanners, and a novel use of blockchain, to tackle theft of powered products in a way that is virtually invisible to retail customers. - From Lowe's Innovation Labs
Bed Bath & Beyond recently warned it may be filing for bankruptcy in just a few weeks. WSJ’s Suzanne Kapner explains the roller coaster of events over the past six months that led to this low point for the company.
The quantity and quality of counterfeit sneakers has never been greater. As online sales boom, many buyers are deliberately choosing the steal over the real.
Customer returns are skyrocketing in the U.S., but many items don’t go back to retailers’ shelves. WSJ looks into the complicated process and how retailers are responding to increasing returns.
Page 2 of 17
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
As applicable, all trademarks, service marks, and content in Top 3 Weekly Essentials, Brilliant Research, Smart Infographic, and Insightful Videos published on this site are the property of their respective owners.
Copyright © 2024 TD Insights LLC. All Rights Reserved.
Privacy Policy Cookie Policy