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Walmart launched a new store brand Bettergoods in an effort to attract new customers to more premium grocery products. And it’s not alone – private labels have exploded in sales.
As inflation cools considerably, prices for items like gasoline, used cars and energy have all declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019.
Nike is the world’s largest sportwear brand but the company is on a mission to regain its stride after a challenging year. A series of poor earnings reports over the past year eventually wiped out $28 billion from the company’s market cap and in June.
Holiday shopping is changing as e-commerce reshapes retail jobs. This year, retailers are adding 520,000 seasonal jobs, down from 564,000 last year, with a growing focus on online fulfillment.
Foot traffic to suburban shopping malls has returned to pre-pandemic levels and high-end malls are thriving. Yelp found that 17 out of the top 25 brands driving consumers to malls are restaurants
TGI Fridays, widely considered the first singles bar in the U.S., filed for Chapter 11 bankruptcy in November, citing a problematic capital structure and fallout from the pandemic.
Spirit Halloween occupies more than 1,500 storefronts and hires around 50,000 seasonal workers for just a few months of business.
Over the past decade, TJX Companies has nearly doubled its annual sales, crossing the $50 billion mark in fiscal 2024.
U.S. adults make about 1.3 billion visits to shopping centers each month or about 62 trips per person annually, according to the International Council of Shopping Centers.
From fully autonomous fast-food chains to smart carts lining grocery store parking lots, the way the food industry looks is changing due to massive investment in AI technology.
American outlet malls have been a popular destination for bargain hunting Americans and international tourists for decades.
WSJ’s Jonathan Cheng explores how Chinese brands are squeezing their U.S. rivals out.
Along with Dollar Tree and Dollar General, Family Dollar has been one of the most well-known discount retail brands in the U.S. for decades. - From the Wall Street Journal
Over the last decade, Abercrombie & Fitch pulled off one of retail’s greatest comebacks, transforming from a dying mall brand into a Wall Street darling. Its stock surged 24% on May 29th after reporting yet another strong quarter.
Spaving - or spending more to save more - is a long-time tactic used by retailers to get consumers to spend on things they don't necessarily need, usually on impulse.
If high inflation hurts just about everyone, why can’t we have no inflation?
Historical data suggests the key factor in bringing down prices is a slowdown in consumer spending. Despite nearly half of Americans reporting feeling in a worse financial situation than five years ago, they’re still spending.
In 2023, 81% of U.S. retailers implemented pay-to-return policies in some capacity. Amazon, Macy's, T.J.Maxx, Walmart and Staples all rolled out changes to their established return policies.
The American mall is alive and well. Department stores — which were historically the most important real estate in American malls — are a different story.
Temu, a Chinese-founded e-commerce company, became the most-downloaded app in the U.S. in just over a year. The retailer has flooded social media feeds with curious consumers and even aired ads at back-to-back Super Bowls.
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To begin the year with something fun, we travel to London UK to learn something new about Harry Potter. J. K. Rowling, the author, and Harry Potter share birth dates on July 31.
The houses of Harry Potter’s school, Hogwarts, were invented on an airplane sick bag while the author was traveling. Stephen Spielberg almost directed the first Harry Potter film.
The Harry Potter spells are in Latin. J. K. Rowling insisted that the actors in the Harry Potter movies be British and/or Irish.
More than 500 million copies of the Harry Potter books have sold worldwide; more than 180 million copies have sold in the U.S. alone. If all the Harry Potter books ever sold were placed end to end, they would go around the equator over 16 times. The books have been translated in 80 languages.
Harry Potter’s name is typed out 18,956 times throughout J.K. Rowling’s books. To watch all the Harry Potter movies, you need 1169 minutes.
This picture is taken at King’s Cross station where in the series Hogwarts School of Witchcraft and Wizardry students catch the Hogwarts Express.
In the wizarding world, Harry and his friends get to the platform by dashing through a brick wall between platforms 9 and 10. Meanwhile, in the real King’s Cross, platforms 9 and 10 are separated by tracks, but you can find platform 9¾ on the wall in the station concourse.
It’s a new year. Dream big. Work hard. But most importantly remember that life is a journey not a destination. Turn on the light and have some fun.
What matters to today’s consumer 2025
One significant finding is that generative AI (Gen AI) is increasingly influencing consumer behavior and transforming shopping experiences. A notable 68% of consumers are prepared to act on its recommendations, and over half (58%) prefer product recommendations from Gen AI tools over traditional search engines. - From Capgemini Read more
What matters to today’s consumer 2025
The demand for 2-hour delivery has increased from 34% to 65% over the past two years. Quick commerce, supported by advanced logistics and AI, is set to dominate, with consumers willing to pay for speed. - From Capgemini
Why Food Prices Are Still So High In The U.S. -CNBC
As inflation cools considerably, prices for items like gasoline, used cars and energy have all declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019. Read more
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