Burberry teams with Tencent to launch luxury’s first social retail store. -from Inside Retail Asia
Learn about how Alibaba’s high-tech grocery chain is pushing the boundaries of the grocery shopping experience.
The pandemic has upended the way people buy—online retail has soared as high-street shops and malls close. Brands are now racing to exploit one of the most important weapons: their customers’ data.
About 70% of tipped workers in the restaurant industry are women and about 45% are people of color. -from CNBC
On this episode of the Prof G Show, Scott Galloway discusses the legacy of entrepreneur Jeff Bezos.
Zara changes clothing designs every 2 weeks on average versus 2 to 3 months for others. It carries about 11,000 distinct items per year.
Lately, supermarkets are switching to a new type of line and that line is much longer. However according to queueing experts that might not be a bad thing.
Costco is one of the biggest and most successful retailers in the country. In this video, WSJ dissects the wholesaler’s unique approach to doing business.
About a quarter of U.S. malls could close over the next three to five years, accelerating a trend that began before the pandemic. -from CNBC
Take a virtual tour of this 4000-sqft hybrid store, where shoppers can choose to shop autonomously (by checking in using an AiFi app) or continue to shop as usual with a cashier at checkout.
The Dubai mall is the second largest mall in the entire world. But when shopping gets old, check out the amusement park, go go-karting or skating on the Olympic-sized Dubai ice-rink, and more.
With consumer behavior changing due to Covid-19, the convenience store industry could be on the verge of a profound change. -from CNBC
RH is now ambitiously trying to turn it into a global luxury brand providing an array of services. -from CNBC
Amidst all the pressures that 2020 brought, there was creativity and innovation taking place across the retail industry, which we thought deserved to be celebrated.
In the midst of the pandemic, Williams-Sonoma has stood out as a company, its stock price reaching a new all-time high in January 2021, despite many businesses declining. -from CNBC
Here’s a glimpse at what the world of luxury has been doing online to usher in the Chinese New Year of the Ox. - From Alibaba Group
In 2019, payment card fraud losses reached nearly $28 billion worldwide. The United States alone is responsible for more than a third of the total global loss making America the most card fraud-prone.
Walmart, America’s largest grocer, launched a primary care clinic called Walmart Health, in September 2019. -from CNBC
The West needs livestreaming sooner rather than later, especially for struggling sectors such as apparel.
Here are the predictions on how the world of retail will continue to change over the course of 2021 as the pandemic and other factors continue to influence our habits. -from Business News
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