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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.
When will soaring inflation finally come to an end? Economists weigh what's ahead and provide their valuable insights into what's in store for 2023.
U.S. regulators say Wells Fargo has repeatedly misled and overcharged its customers. These allegations have rocked the 170-year-old bank, which still stands as one of the largest lenders in the U.S.
Nearly a year after CEO Mark Zuckerberg announced the rebranding of Facebook as Meta and a shift in strategy to focus on the metaverse, internal documents show the company falling short of its goals.
If it seems like there are more sales lately, it’s because there are. General retailers are shedding excess inventory. Why? Just blame the bullwhip effect.
Target's first and only foray into international markets happened in 2013 in Canada. The retailer opened a total of 133 stores in just over a year. But the expansion didn't go as planned.
With severe wildfires, hurricanes and other natural disasters becoming more commonplace, current technologies that alert people to impending danger sometimes fall short.
Five years ago, Amazon bought Whole Foods for $13.7 billion. Since then, there’s been a lot of changes, including a new CEO starting Sept. 1. It added a palm-scanning payment option, hundreds of cameras and sensors to enable checkout-free shopping.
Car dealerships have been mom and pop businesses for much of their existence. But the industry has been slowly consolidating. Six publicly traded dealership groups have been on a have been on a shopping spree, buying up dealerships.
After years of declining sales, Bed Bath & Beyond is facing an existential crisis. WSJ explains why the company has fallen on hard times and looks forward to what’s next for the veteran retailer.
How a product is classified can mean either big savings or big costs for the company that sells it. In this episode we explain how companies engineer their products to avoid tariffs. -from Cheddar
As inflation climbs in the U.S., rising food and energy costs have pushed the nation’s most popular price index to its highest level in four decades.
While Amazon’s dominance grows, so does its number of returns, and that’s causing a massive problem for the e-commerce giant and the planet.
The American home is undergoing a makeover during the Covid-19 pandemic, and home improvement giant Lowe’s is reaping the benefits from it.
Coordinated robberies have hit dozens of U.S. stores in recent months and lawmakers are warning it’s a rising trend of organized retail crime.
Parents across the USA are scrambling to find baby formula. Empty store shelves, higher prices and retailers limiting sales have made already anxious parents even more nervous about their kids' health
Oat-milk took the dairy aisle by storm after Swedish brand Oatly overhauled its marketing. But Oatly has struggled to keep up with production as demand grows leaving room for rivals.
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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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