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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
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
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“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
What matters to Today’s Consumer: 2024 consumer behavior tracker for the consumer and retail industries
This report is the third in our annual research series that examines evolving consumer behaviors. This year, we find that many of the behaviors we noted in our 2023 report have persisted, with consumers continuing to express concern about their personal financial situations amid rising inflation. However, this concern has dropped significantly in the past twelve months as just 43% of consumers worry their personal finances will worsen over the next 6–9 months, compared with 80% who were concerned that they would worsen in the equivalent period last year. - From Cap Gemini Read more
52% of consumers are extremely concerned about their personal finances compared to 61% last year. 43% of consumers fear their personal finances will worsen in the next 6-9 months, far below the 80% last year. One in five consumers has already used generative AI in shopping. - From Cap Gemini
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
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