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The line between Amazon and Walmart is becoming increasingly blurred, as the two companies seek to maintain their slice of the estimated $5 trillion retail market.
A record number of online returns has created a booming $644 billion liquidation market.
Despite all the fake reviews on Amazon, there are professionals who earn a living reviewing products. Sean Cannell makes tens of thousands of dollars a month as a professional Amazon reviewer
Warehouses in California’s Inland Empire are a crucial step in the U.S. supply chain. Low warehouse vacancy rates in the area combined with port delays are creating a perfect storm.
Supply chain issues, record job loss and high inflation means shoppers are looking for a good deal. That’s good news for discount dollar stores.
A spike in smash-and-grab robberies is driving retailers to find new ways to boost security and protect merchandise this holiday shopping season.
As supply chain chaos causes shipping delays this holiday season, experts say Amazon’s logistics empire and predictive analytics will allow it to avoid the worst of it. -from CNBC
The U.S. is facing a warehouse shortage, with 1 billion square feet of new industrial space needed by 2025 to keep up with demand, according to commercial real estate services company JLL. -from CNBC
Consumers have flocked to “buy now, pay later” businesses in recent years as a way to make big purchases more manageable. In fact, these new services have become big competition for store credit cards
Singles Day in China is the world’s largest annual shopping extravaganza. Its creator, the e-commerce giant Alibaba, is now exporting the event to the rest of the world.
With food markets on a wild ride lately, cheese has seen more volatility than most. Yet in supermarkets, prices have remained relatively stable.
Warby Parker was one of the original direct-to-consumer brands, but now, the eyeglass-maker’s sales are split about evenly between its more than 140 brick-and-mortar locations and its online store.
Speedy grocery delivery is booming, but competition and high running costs could hinder growth. Startups are promising to deliver groceries to your doorstep in minutes, stepping up competition.
The pandemic sent food prices skyrocketing amid a slew of supply chain disruptions, but food costs have been steadily rising over the past five years.
Store X is the latest big-box format at Alibaba's grocery retailer Freshippo and is part of the group's strategy to combine the best practices from both online and offline shopping.
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
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There will be an Answer - Let it Be
Continuing our journey to learning something new, our next stop is the Rock N Roll Hall of Fame in Cleveland Ohio. This city was named after Moses Cleaveland, a surveyor from Connecticut who founded Cleveland in 1796 while surveying the Western Reserve.
Cleveland would go on to have the first electrified public square in 1879 (thanks to Charles Brush and his arc lamp), and become home to General Electric in 1892. It is also the city with the first indoor mall opening in the country in 1890.
Standing over Public Square is the Terminal Tower which when it opened in 1928, was the second tallest building in the United States. And if you needed some super inspiration, remember that Cleveland is where Superman was created by Jerry Siegel and Joe Shuster in the early 1930s.
Today, Cleveland is the home of the Rock & Roll Hall of Fame. The city’s own radio disc jockey Alan Freed both coined the term "rock and roll" and heavily promoted the new genre—and that Cleveland was the location of Freed's Moondog Coronation Ball, often credited as the first major rock and roll concert.
This photo is from the Rock & Roll of Fame featuring one of my favorite songs from the Beatles. “And when the night is cloudy there is still a light that shines on me. Shine until tomorrow, let it be.”
Retailers' Blind Spot for Holiday 2024
When asked about their top holiday concerns for 2024, retailers revealed a continued reliance on historical data for critical decisions, rather than leveraging current consumer feedback. Key uncertainties revolve around promotional strategies, understanding item volume drivers, and the potential impact of inflation. The outcome of the holiday season remains unpredictable, even from these insider’s perspectives. - From First Insights Read more
The Future of Retail in Asia-Pacific: From Turbulence to Resurgence
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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