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Retail

Workers on edge after thieves across the U.S. target delivery trucks -NBC News

 

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.

How Walmart Is Beating Everyone In Groceries -CNBC

 

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.

Tipping, Explained: Why Two-Thirds of Americans View It Negatively | WSJ

 

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

Why Major Meal Kit Companies Lose 90% of Customers in a Year | WSJ The Economics Of

 

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.

Why Primark Is Thriving While Retailers Like Forever 21 Are Closing | WSJ The Economics Of

 

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

Why Warning Labels Are Ineffective -CNBC

 

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.

Why America’s Retailers Like Target Fail Abroad -CNBC

 

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.

How Robots Could Help Retailers Save Billions -CNBC

 

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.

Outsmarting shoplifters -CBS Sunday Morning

 

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.

Costco vs Sam’s Club: A Battle For Your Bulk Buys -CNBC

 

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.

How Is Trader Joe’s So Cheap and Popular? | The Economics Of | WSJ

 

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.

Why Retailers Are Spending Billions On Anti-Theft Technology -CNBC

 

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.

Explore the Future of Retail Design with Steve Barnes -Aedas

 

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?

Immersive Retail in the Metaverse

 

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

The Future of Retail - Tech in 2030

 

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

What Is The Future Of Retail Stores?

 

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

Why are retail thefts on the rise?

 

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

Pressures on Retail - Give Value No Matter What

 

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

The Future of Retail Has WAY More Cameras

 

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

Why Dick’s Sporting Goods Succeeded When Sports Authority Failed -CNBC

 

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.