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Dollar General has reported 31 consecutive years of growth and is opening new U.S. stores every day. In this video, WSJ takes an inside look at how the discount retailer keeps expanding,
While many industries were ravaged by the pandemic in 2020, the toy industry enjoyed a 16% increase or $3.5 billion in sales from 2019. -from CNBC
The FT explores the latest moves by big brands like Ikea and Decathlon to resell and recycle damaged and rejected stock that would otherwise be broken down or discarded.
Watch how the platform has evolved livestreaming technology into the number one way of engaging consumers in China.
This report in collaboration with Coresight Research explores the challenges retailers experience with in-store execution, and shows how technology can enable smoother store operations. -from Trax
When Amazon unveiled plans to build their new, second headquarters in 2017, the company received no less than 230 proposals - requests, really - from cities and states across the USA.
Part social gathering spaces, part retail meccas, malls were once the centerpiece of the suburban American experience. Now, faced with challenges from all sides, most are barely hanging on.
By the early 20th century, Sears was already a household name across the United States. Sears was innovative in founding some of our most familiar brands. -from Recollection Road
RILA / McKinsey Knowledge Partners analysis which identified seven imperatives that can give retailers the ability to adapt to a changing consumer landscape while pursuing new opportunities.
Online pet retailer Chewy has seen a surge of growth over the past year as millions adopted new pets. WSJ spoke with Chewy’s CEO to learn how the company handled the pandemic pet boom.
Barcodes have radically changed the world, helping fuel the rise of everything from massive companies like Walmart to major world powers like China. -from Cheddar
DoorDash and Uber Eats, the two largest delivery apps by market share both saw their sales double from the end of 2019 to the end of 2020.
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.
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“Paris is always a good idea.” – Audrey Hepburn
Continuing our global tour to learn something new, our next stop is one of my favorite cities in the world, Paris, France.
The ancient settlement that corresponds to the modern city of Paris was first mentioned in mid-1st century BC by Julius Caesar as Luteciam Parisiorum and later as Parision in the 5th century and then Paris in 1265. The name Paris is derived from its early inhabitants, the Parisii, a Gallic tribe from the Iron Age and the Roman Period.
Did not know that the city actually has 3 to 5 other statues of liberty, and yes, the French gifted the one in New York. You can find the Mona Lisa painting in the Louvre; when you see it, you will be surprised by its small size. My favorite museum in Paris is the D’Orsay, located in an old train station by the Seine River.
Paris is called the city of lights because it was one of the first European cities to install street lights, not because of how the city is currently illuminated. You might also be surprised that the entire city has no stop signs.
Haute couture (high sewing) is the creation of exclusive custom-fitted high-end fashion designs constructed by hand from start to finish. Chanel, Christian Dior, and Louis Vuitton started in Paris.
The city's motto is “Fluctuat nec Mergitur” a Latin phrase that literally translates as “tossed by not sunk. The city’s crest features a depiction of a ship. Interesting as the city is inland.
I have lost count of how many times I have traveled to Paris for business and pleasure. It is the place to visit inspiring stores, enjoy great cafes, consistently delicious food, and my favorite always, the best baguettes. Writing this summary was a reminder that it’s time to visit the city once again because, as Audrey said, it is always a good idea.
2023 Omnichannel Experience Index
Digital is the entry point to more shopper experiences than ever before. 93% of all shopping journeys now begin online, up from 81% in 2020. For omnichannel retailers, these ever-evolving shopper needs have led to new and increasingly complex challenges. - From Blue Yonder and Microsoft Read more
The 2023 Gartner CIO and Technology Executives Survey shows Retail CIOs are prioritizing growth and customer experience. This infographic will show you how your peers are investing in tech to deliver on digital initiatives.
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. Read more
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