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Coordinated robberies have hit dozens of U.S. stores in recent months and lawmakers are warning it’s a rising trend of organized retail crime.
Parents across the USA are scrambling to find baby formula. Empty store shelves, higher prices and retailers limiting sales have made already anxious parents even more nervous about their kids' health
Oat-milk took the dairy aisle by storm after Swedish brand Oatly overhauled its marketing. But Oatly has struggled to keep up with production as demand grows leaving room for rivals.
Walmart employs more people than any other company in the world and is the country’s largest grocer. But when it comes to e-commerce, Amazon is the clear leader.
Foot Locker is the largest footwear retailer in the world with 2,900 stores worldwide. Its roots date back to 1974 in a southern California mall.
Ever walk into a CVS to pick up some gum, maybe some Chapstick, only to get hit with a ridiculously long receipt? It’s no secret that most CVS purchases come with these comically long receipts.
Airlines, gas stations and retailers use complex algorithms to adjust their prices in response to cost, demand and competition. WSJ explains what dynamic pricing is and why companies are using it.
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
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Continuing our global virtual tour to learn something new, our next stop is one of my favorite cities in the world, Hong Kong.
Did not know that the name Hong Kong means ‘fragrant harbor’ in Chinese. Kowloon which is part of Hong Kong where I have spent a lot of time really means ‘nine dragons’.
The Star Ferry which is what I took to this location for this picture started running in 1880. The skyline which is recognizable worldwide gets all the attention, but you might be surprised to know that 40% of the territory is made up of nature parks and reserves. Hong Kong is where I enjoyed one of my longest and most enjoyable nature hikes.
While in Hong Kong, one of my favorite meals consisted of ‘dim sum’, a delicacy which originated in Southern China and means ‘touch of heart’. In this city, you will not find many ‘number 4s’ as the word sounds like ‘death’. You will find many ‘8ths’ as it’s a lucky number representing wealth.
There are 263 islands in Hong Kong. The city ranks 2nd or 3rd in the world in population density and you can easily see it walking its streets. Cantonese (96%) is the most spoken language, followed by Mandarin (48%) and not surprisingly English (46%).
You might think that New York is the home with the most skyscrapers, but you would be wrong. Hong Kong has the most skyscrapers in the world (classified as buildings with more than 14 floors); double of what you will find in New York City.
The many stops in Hong Kong included meetings with global retailers, onstage presenting the future of retail, and more importantly establishing great friendships with the locals that continue to this day.
I am looking forward to revisiting again soon for this expansive city was a reminder that it’s a small world after all. Lights, Camera, and Action to great memories of Hong Kong.
Securing the Future of Grocery
For the last 26 months, US grocery retailers have been riding the gravy train with retail sales growth of $266b. This research paper looks into the challenges and best practices for securing the future of grocery. - From IHL Services Read more
Visualizing the Coming Shift in Global Economic Power (2006-2036p)
The world’s economy continues to grow and is projected to soar past $100 trillion this year. By 2035, the world’s GDP will double, and China is likely to become the largest economy by 2030. – From Visual Capitalist Read more
What's Behind America's Baby Formula Shortage? -CNBC
Parents across the USA are scrambling to find baby formula. Empty store shelves, higher prices and retailers limiting sales have made already anxious parents even more nervous about their kids' health Read more
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