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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.
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.
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
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.
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.
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“Every gift is a little piece of Santa.” – LovetoKnow.com
Continuing our journey to learn something new, in the spirit of the holiday season, we travel to Cologne Germany for fun facts about Santa Claus. His real name is Saint Nicholas, a bishop in the 4th century who lived in what is now Turkey. Saint Nicholas was known for his generosity and kindness, and legends say he performed miracles for the poor and unhappy.
The name Santa Claus comes from the Dutch nickname Sinter Klaas, which is short for Sint Nikolaas, the Dutch name for Saint Nicholas. The Dutch brought the name to America in the 17th century, where it was anglicized to Santa Claus.
No, Coca Cola did not invent the image of Santa Claus. The modern image of Santa Claus is largely due to the work of German-born artist Tom Nast. Nast's cartoon of Santa Claus arriving at a Union Army camp by sleigh during the Civil War helped establish the modern image of Santa.
If you write to Santa in the United States, all letters to Santa Claus, Indiana. Closer to the North Pole, there is an even more popular Santa Claus village in Finland which since 1985 has received over 18 million letters from 199 countries. You can mail your Santa Claus letters to:
Santa Claus’ Main Post office
Santa Claus Village Rovaniemi
Tähtikuja 1
96930 Arctic Circle
Finland
This picture which was taken at the Christmas Market in Cologne Germany is a reminder of why this is my favorite time of the year. The colors, the lights, the smiles, the anticipation in the eyes of every child, the musical tidings, family gatherings, the end of another year, and the possibilities of the new year.
If you immerse yourself in the positive messages of the holiday season, HOPE for a brighter tomorrow naturally emerges, and that my friends and family, is the true spirit of the holiday season. You see every gift is indeed a little bit of Santa.
Merry Christmas and Happy New Year.
European Non-Grocery Retail: Transition and Transformation
After an unpredictable several years, non-grocery retailers in Europe are seeking to uncover pockets of growth. To succeed, they will need to navigate differences across markets and retail categories. - From McKinsey Read more
Gen Z to Lead the Shopping Charge this Holiday Season
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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