In the world of retail, business failures are easy to find. Identifying a successful business turnaround, on the other hand, is far more difficult. Even the professionals paid to inject new life into troubled businesses admit that the hogh street…
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Average daily traffic to Walmart’s online grocery site reached 1.1 million between March 1 and March 20, according to SimilarWeb—a 55% increase on average daily visitor numbers during the previous two months. Read more in Zdnet Online grocery shopping numbers…
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Department stores were the original retail startups. Now they’re headed for the grave By Elizabeth Segran
3 May 2020Views: 545In mid-March 2020, department stores were classified as nonessential businesses and forced to shutter in an effort to curb the spread of the disease. Read more in fast company Department stores were the original retail startups. Now they’re headed for…
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Amazon opens 100K new jobs to keep up with coronavirus demand By David Canellis
24 March 2020Views: 723Amazon pledged over $350 million to raising wages by $2 per hour in the US, £2 per hour in the UK, and “approximately” €2 per hour in many countries in the EU throughout April, a commitment worth over $350 million.…
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A 49-minute trip became a free Lack coffee table. About two hours of driving scored a Billy bookshelf. Even a five-minute trip was good for a veggie dog. Read more in Fast Company Ikea is giving out free coffee tables—but…
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How retailers should be adapting to the rise in mobile shopping By Steph Heasman
4 February 2020Views: 628By studying the habits of 2,000 UK adults, our research revealed that 53% of shoppers are now more likely to use their phone for online shopping than any other device. Strikingly, this figure was only at 22% in the same…
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Flagship stores are designed to attract a large volume of consumers by offering unique experiences, so it makes sense to prioritise the latest technology, However, the majority of retailers, particularly smaller stores, won’t see the benefit of this alone, which…
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The concept store has changed. Once it was about selling a certain lifestyle. The new retail concept store is a space where a brand is exploring a new direction, idea, initiative or concept Read morein insider-trends 47 Best New Retail…
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Nike’s first shoe subscription, two years in the making, is here By Elizabeth Segran
12 November 2019Views: 604When your child grows out of a pair or they get worn out, you can send shoes back—either in the Adventure Club box or by requesting a prepaid shoe bag—to the company, and even include non-Nike shoes you want to…
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More brands are selling their perfumes online, where customers can’t smell them. But a bottle is worth a thousand sniffs. The bottle’s design, in other words, speaks to the hand-crafted perfume inside—even the bottle toppers tell a story. Read more…