Keyword: retail

Brevity: Headers | « Text »
  • Target strikes again at social comment

    06/19/2017 7:19:49 PM PDT · by EinNYC · 44 replies
    Target.com ^ | June 19, 2017 | Target
    This is what I just found on Target's webpage. Remind you of anything? Here's a further hint: Target Finds #TakePride edition our curators put together a color-coordinated collection dedicated to being your authentic self in everything you do I guess they finally woke up to their tranny bathroom mistake, and are trying to be a little more subtle in their social statements [wink-wink]. Tell me, FReepers---is it working?
  • The Everything Store Expands

    06/17/2017 3:13:57 PM PDT · by 2ndDivisionVet · 27 replies
    Wired ^ | June 17, 2017 | Zachary Karabell
    News that Amazon intends to buy Whole Foods Market for more than $13 billion was greeted jubilantly by financial markets, with Amazon’s stock rising 2.5 percent, almost enough to cover the entire purchase. At the same time, the shares of other grocery retailers, ranging from Kroger’s to Walmart, were punished severely, plunging as much as nine percent. That mixed reaction—riches for Amazon and excitement from consumers, amidst the decimation of an entire sector of the economy—proves the company’s power. The move takes it one step closer towards founder Jeff Bezos’ long-held ambition of becoming the “world’s store,” and it is...
  • Clash Of The Online Titans: Amazon Versus Alibaba

    06/14/2017 6:01:19 PM PDT · by 2ndDivisionVet · 5 replies
    Seeking Alpha ^ | June 14, 2017 | Mark Bern, CFA
    Introduction Today, we take a look at the two online retail titans, consider how each business model differs and delve into the trends shaped by the financial results. The biggest difference between the two is that Amazon (NASDAQ:AMZN) primarily sells directly to consumers, building a network of warehouse and distribution centers with a goal of ever-improving fulfillment. Alibaba (NYSE:BABA), on the other hand, is less capital intensive and provides only a platform from which other businesses can sell directly to consumers. While both offer a platform for other sellers, AMZN is more focused on the logistics and engaging directly with...
  • Optometrists Feel Threatened By Technology, So Guess What Do They Do

    06/13/2017 10:07:49 AM PDT · by reaganaut1 · 64 replies
    Forbes ^ | June 13, 2017 | George Leef
    One of the many holes in the “social contract” theory of government is that the power of the state is so often harnessed by interest groups to protect themselves against competition. Nobody ever agreed to that, but it happens all the time, inflicting losses on the consuming public. A recent instance of this is the aggressive lobbying campaign being waged by the American Optometric Association (AOA) against innovations that now make it possible for Americans to get accurate eye exams and lens prescriptions over the Internet. By using such innovations, millions of Americans who need vision correction could save substantial...
  • The Trump family is stealing a brilliant political play out of Michelle Obama's book

    06/12/2017 11:40:43 PM PDT · by 2ndDivisionVet · 18 replies
    Business Insider ^ | June 12, 2017 | Dennis Green
    It seems the Trump family is making an effort to appear more approachable. After first lady Melania Trump caused a stir when she stepped out in a $51,500 coat during the G-7 summit last month, various members of the Trump family have been seen out in more approachable, everyday brands. Now it seems Dolce & Gabbana is out, while Target and J.Crew are in. Ivanka Trump, President Donald Trump's eldest daughter and one of his advisers, was photographed earlier this month leaving her house in the Kalorama neighborhood of Washington, DC, in a dress that was easily identified as a...
  • The Rise of Luxury Strip Malls

    06/12/2017 1:43:34 PM PDT · by 2ndDivisionVet · 19 replies
    The Business of Fashion ^ | June 12, 2017 | Lauren Sherman
    Outdoor shopping centres are drawing in customers who long ago wrote off the traditional mall experience through a modern mix of food, fashion and practicality. ATLANTA, United States — Pull into the parking lot of the Westside Provisions District, the mixed-use development in Atlanta’s gentrified Westside neighborhood, and you might have to hand your keys over to a valet to help you find a spot — especially on a Saturday afternoon. That’s because, unlike the downtrodden, two-penny outdoor shopping centres and abandoned enclosed malls weighing down the suburbs of the US, Westside Provisions is giving people a reason to swing...
  • Gymboree files for Chapter 11 bankruptcy; CFO leaves retailer

    06/12/2017 1:17:59 PM PDT · by C19fan · 15 replies
    CNBC ^ | June 12, 2017 | Lauren Thomas
    Gymboree has filed for Chapter 11 bankruptcy protection. The children's clothing retailer announced the move Monday morning, only a few weeks after it partnered with a turnaround firm, AlixPartners, to assist with its operations and then missed a June 1 debt payment.
  • “Why Japan has so many vending machines” video makes some good points, but misses key factors

    06/11/2017 10:54:22 PM PDT · by 2ndDivisionVet · 29 replies
    Sora News 24 ^ | June 9, 2017 | Casey Baseel
    Some of the reasons Japan loves vending machines have nothing to do with an aging society of love of robots. Video series Vox Borders recently came to Tokyo, taking a look at aspects of everyday life in Japan. Something that caught host Johnny Harris’ eye, as with many new arrivals to the capital, is the incredible number of vending machines to be found in Japan. The purpose of vending machines is pretty self-explanatory (to sell things), but Harris wondered why Japan has so many, and seeks to answer that question in the straightforwardly titled video “Why Japan has so many...
  • Amazon. Ulta. Who’s next as Brand aims to cut unemployment to 5%? (Fresno, California)

    06/04/2017 12:03:02 PM PDT · by 2ndDivisionVet · 5 replies
    The Fresno Bee ^ | June 3, 2017 | The Editorial Board
    At the rate his team is going, Fresno Mayor Lee Brand might have to raise his job-creation goals. The first-year mayor has said at several public events recently that he wants to bring 10,000 permanent, new jobs to the city. Those jobs, in turn, would produce a ripple effect leading to the creation of 10,000 more jobs in the local economy. What would Fresno and surrounding cities look like with 20,000 people who are now unemployed going to work? Significantly better. General funds would rise. There would be more revenue for public safety, road maintenance and parks. Families would prosper,...
  • About half of all U.S. retail jobs could vanish due to computerization, analysis finds

    06/01/2017 5:41:40 PM PDT · by Signalman · 16 replies
    kansascity.comk ^ | 6/1/2017 | Dianne Stafford
    Consider this before you assume you can have a long or lucrative career in the retail industry: Up to half of all current jobs in the retail sector are likely to vanish because of e-commerce, automation of jobs and the closing of brick-and-mortar stores. Millions of retail jobs — as we now know them — are going the way of gas station attendants. Just as ATMs replaced many bank tellers, automated check-out stations are supplanting retail clerks. And have you watched in-store “shoppers” who do Amazon price checks while they’re standing in the aisles? Have you noticed how many of...
  • Up to 25% of U.S. shopping malls may close in the next five years, report says

    05/31/2017 7:07:46 PM PDT · by markomalley · 58 replies
    Los Angeles Times ^ | 5/31/17 | Makeda Easter
    Between 20% and 25% of the nation’s shopping malls will close in the next five years, according to a new report from Credit Suisse that predicts e-commerce will continue to pull shoppers away from bricks-and-mortar retailers. For many, the Wall Street firm’s finding may come as no surprise. Long-standing retailers are dying off as shoppers’ habits shift online. Credit Suisse expects apparel sales to represent 35% of all e-commerce by 2030, up from 17% today. Traditional mall anchors, such as Macy’s, J.C. Penney and Sears, have announced numerous store closings in recent months. Clothiers including American Apparel, Bebe and BCBG...
  • Miami megamall is biggest in US _ but don't call it a mall (14,500 jobs)

    05/30/2017 1:28:34 PM PDT · by 2ndDivisionVet · 22 replies
    ABC News ^ | May 30, 2017 | Curt Anderson, The Associated Press
    Call it retail-tainment. Just don't call American Dream Miami a mall. Developers are proposing a massive 6 million-square-foot (557,000 square-meter) project on the edge of the Everglades in bustling South Florida that would dwarf any other shopping mecca in North America, including Minnesota's Mall of America. Miami-Dade County officials could vote this fall to approve it, despite some criticism that it will worsen the region's already choking traffic problem and might produce mostly low-paying jobs. In general, malls across the U.S. have been in a slow decline as shoppers flock to the internet....
  • From Amazon to Wal-Mart, digital retail is producing more jobs and higher pay

    05/29/2017 4:14:30 PM PDT · by 2ndDivisionVet · 14 replies
    The Dallas Morning News ^ | May 29, 2017 | Mitchell Schnurman, Business columnist
    Retail trade is one of the biggest job sectors in America, and the vast majority of those workers still clock in at brick-and-mortar stores. But the big growth is coming from e-commerce, which happens to pay a lot better, too. This is a promising development for retail workers who worry about thousands of store closings and the march of automation. E-commerce also offers a potential antidote to years of low productivity growth and income stagnation. “If this new pattern continues, it will raise real wages across the economy and rejuvenate the middle class,” said a report by economist Michael Mandel...
  • Market Disrupted: How Piggly Wiggly Revolutionized Grocery Shopping

    05/29/2017 11:37:17 AM PDT · by Lorianne · 57 replies
    Mental Floss ^ | no idea | Jeff Wells
    Walking the aisles of your local supermarket may feel like a pretty mundane task. But 100 years ago, it was downright revolutionary. On September 6, 1916, hundreds of curious shoppers came out for the opening of a new grocery store at 79 Jefferson Avenue in Memphis, Tennessee. A festive atmosphere greeted them, complete with a beauty contest and a brass band. Smartly dressed employees handed out flowers to the ladies and balloons to children. The store—located on a busy commercial stretch just three blocks east of the river—was the perfect excuse for some afternoon shopping, and maybe a stroll along...
  • !!READ THIS!! Pick 5 advertisers and let them know that you support Sean Hannity!

    05/24/2017 4:02:03 PM PDT · by true believer forever · 51 replies
    MediaMatters ^ | May 24, 2017 | true believer forever
    This list is just a day old, so if you would like to add a few addresses, that would be great, and I can update as I get time ... *****Call/Email/Write!***** HELP COMBAT DAVID BROCK!! WE ARE GRASSROOTS ACTIVISM!!
  • It's more than Amazon: Why retail is in distress now

    05/07/2017 5:56:43 AM PDT · by SeekAndFind · 113 replies
    CNBC ^ | 05/07/2017 | Courtney Reagan, Leslie Picker
    With more than half of 2017 still ahead, the retail industry is seeing a record-setting pace for bankruptcy filings and store closings — and more are expected in the not too distant future, despite what most consider a healthy consumer. This tipping point for retail is the result of a number of compounding reasons, but the inability to pay looming, massive debt bills is dealing the final death blow to many. More online shopping Yes, more shopping is shifting online in general, and to Amazon specifically, as in-store shopping traffic and sales trends fall for many retailers and shopping...
  • Target Seeing Financial Red, Reduces CEO Pay

    05/03/2017 1:11:41 PM PDT · by SeekAndFind · 27 replies
    Conservative Tribune ^ | 05/03/2017 | V. Saxena
    Target’s declining sales and tumbling stock price, which dropped from a high of $82.76 in April of 2016 to a low of about $54.78 in April of this year, has spurred its board of directors to slash CEO Brian Cornell’s salary by nearly a third to $11.3 million. “Cornell’s compensation was based on the performance of two financial metrics: incentive EBIT (earnings before income and taxes), which makes up 75 percent of Cornell’s stock component, and the rest on adjusted sales,” Reuters reported. “Target said it missed its 2016 incentive EBIT goal of $5.74 billion by $623 million and fell...
  • Retailers Scrambling To Adjust To Changing Consumer Habits (90,000 layoffs since October)

    05/02/2017 6:49:17 PM PDT · by 2ndDivisionVet · 32 replies
    KPBS-FM ^ | May 2, 2017 | Yuki Noguchi, NPR
    With unemployment low and economic growth expected to bounce back from a slow first quarter, consumers are not in bad shape. But it has been an especially terrible year so far for retailers. Nine U.S. chains have filed for Chapter 11 bankruptcy protection. Store closures are accelerating, and almost 90,000 retail workers have lost their jobs since October. Experts say the industry's troubles are just beginning. "The disruption is just unfolding," says Mark Cohen, a former CEO of Sears Canada who now directs retail studies at Columbia Business School. "I think the number of store closings will continue at an...
  • Here’s exactly what [Army] spouses think about Forever 21’s new PT-inspired line

    04/28/2017 6:41:57 PM PDT · by 2ndDivisionVet · 8 replies
    Military One Click ^ | April 28, 2017 | Rebecca Alwine
    Yesterday was a trying day. The kids woke up early and it was early release. The laptop wasn’t working and I really didn’t want to do anything. And then, midway through my afternoon, the local wives’ page started hopping. You see, clothing store Forever 21 has some new products for sale. . . the military wives just couldn’t believe their eyes. You’re not going to believe it–and you’re probably not going to run to the store, either. Here’s a peek...
  • Starbucks results disappoint, new CEO must brew up growth

    04/27/2017 5:15:56 PM PDT · by Red in Blue PA · 56 replies
    Kevin Johnson, who succeeded Howard Schultz as CEO this month, on Thursday presided over an earnings call where the company cut its full-year profit target on the heels of disappointing second-quarter sales and stalling growth from its main business in the United States. Shares in the company fell 4.9 percent to $58.30 after Starbucks also announced that it was reviewing its Teavana business after that chain's mall stores dragged down overall sales.