#retail-industry

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People thought we liked being touched and grabbed': a former Abercrombie model recalls brand's dark days

Abercrombie & Fitch's mid-2000s marketing relied on hypersexualization and exploitation of young workers, leading to Braden's advocacy for industry protections.
#e-commerce

How Amazon Delivers Packages Within A Day

Retailers are racing for same-day deliveries, creating loyalty and increased spending despite few truly needing the service.

Revolutionizing E-Commerce: How AI Is Shaping Savings Strategies

AI is revolutionizing e-commerce by enhancing customer experience and offering businesses innovative tools to improve competitiveness.

Walmart Just Announced a Powerful New Way to Target Customers. It All Starts This Month

Retail business models are evolving, with a merging of traditional store, warehouse club, and online models becoming apparent.

60% increase in scam domain registrations targeting holiday shoppers

The rise in domain registrations targeting the retail industry indicates an expected increase in online scams during the holiday season.

These 5 trends will steer retail in 2025

Retailers must differentiate themselves amid growing competition and consumer demand for value by adapting to technological trends.

Walmart In Powerful Position Ahead Of Holidays

Walmart's shares surged 56% this year, outperforming the S&P 500, suggesting a promising short-term outlook.

How Amazon Delivers Packages Within A Day

Retailers are racing for same-day deliveries, creating loyalty and increased spending despite few truly needing the service.

Revolutionizing E-Commerce: How AI Is Shaping Savings Strategies

AI is revolutionizing e-commerce by enhancing customer experience and offering businesses innovative tools to improve competitiveness.

Walmart Just Announced a Powerful New Way to Target Customers. It All Starts This Month

Retail business models are evolving, with a merging of traditional store, warehouse club, and online models becoming apparent.

60% increase in scam domain registrations targeting holiday shoppers

The rise in domain registrations targeting the retail industry indicates an expected increase in online scams during the holiday season.

These 5 trends will steer retail in 2025

Retailers must differentiate themselves amid growing competition and consumer demand for value by adapting to technological trends.

Walmart In Powerful Position Ahead Of Holidays

Walmart's shares surged 56% this year, outperforming the S&P 500, suggesting a promising short-term outlook.
moree-commerce
#artificial-intelligence

Inside Best Buy's push to get back to sales growth, cash in on AI craze

Best Buy aims to reverse sales slump by enhancing store experiences, focusing on consumer electronics innovation and leveraging artificial intelligence-enabled devices.

The Backroom: Doug Stephens looks to 2025 and beyond

AI presents a transformative opportunity for retailers despite looming tariffs and challenges.
Understanding the realistic capabilities and limitations of AI is crucial for businesses.

Inside Best Buy's push to get back to sales growth, cash in on AI craze

Best Buy aims to reverse sales slump by enhancing store experiences, focusing on consumer electronics innovation and leveraging artificial intelligence-enabled devices.

The Backroom: Doug Stephens looks to 2025 and beyond

AI presents a transformative opportunity for retailers despite looming tariffs and challenges.
Understanding the realistic capabilities and limitations of AI is crucial for businesses.
moreartificial-intelligence
#store-closures

Party City to go out of business for good: reports | amNewYork

Party City is closing all stores nationwide, marking the end of its operations, including locations in New York City.

Party City Stores to Close by February, Company Says

Party City is permanently closing all stores by February 2025, ending its legacy of party supply provision.

What happened to Big Lots? Here are the stores in Miami and Broward closing for good

Big Lots is closing all its stores after filing for Chapter 11 bankruptcy, marking the end of a significant discount retail presence.

Big Lots closing 75 stores in California. See the list

Big Lots is closing 75 stores in California, totaling 315 nationwide closures due to economic challenges.

American Freight is closing all of its stores. Bankruptcy filing warns of possible paycheck delays for laid-off employees

Franchise Group is closing American Freight amidst bankruptcy filings to strengthen other brands and reduce debt.

Two Ted Baker stores to close in south east London TOMORROW

Ted Baker is closing all physical stores in the UK and Ireland due to significant financial difficulties, impacting over 500 jobs.

Party City to go out of business for good: reports | amNewYork

Party City is closing all stores nationwide, marking the end of its operations, including locations in New York City.

Party City Stores to Close by February, Company Says

Party City is permanently closing all stores by February 2025, ending its legacy of party supply provision.

What happened to Big Lots? Here are the stores in Miami and Broward closing for good

Big Lots is closing all its stores after filing for Chapter 11 bankruptcy, marking the end of a significant discount retail presence.

Big Lots closing 75 stores in California. See the list

Big Lots is closing 75 stores in California, totaling 315 nationwide closures due to economic challenges.

American Freight is closing all of its stores. Bankruptcy filing warns of possible paycheck delays for laid-off employees

Franchise Group is closing American Freight amidst bankruptcy filings to strengthen other brands and reduce debt.

Two Ted Baker stores to close in south east London TOMORROW

Ted Baker is closing all physical stores in the UK and Ireland due to significant financial difficulties, impacting over 500 jobs.
morestore-closures
#walmart

Here's why Target is more exposed than Walmart to the sweeping trade changes that Trump promised

Walmart's grocery-heavy business model makes it less vulnerable to import tariffs compared to Target's reliance on imported merchandise.

The Walton Family (WMT) Is Wealthier Than Elon Musk (TSLA), but Not by Very Much

The Walton family is now the richest family in the world, mainly due to Walmart's impressive stock performance and e-commerce growth.

Walmart says prices will 'probably' go up if Trump tariffs take effect

Walmart's CFO indicates potential price hikes due to proposed tariffs, emphasizing the challenge of maintaining low prices amidst inflationary pressures.

Walmart is testing body cameras for some front-line employees in Texas

Walmart is piloting body-cams for employees in Texas to improve safety and evaluate the effectiveness.

Some Walmart Employees Are Wearing Body Cameras. Here's why. | Entrepreneur

Walmart's body camera pilot program aims to enhance worker safety amidst harassment, especially during stressful holiday shopping seasons.

Here's why Target is more exposed than Walmart to the sweeping trade changes that Trump promised

Walmart's grocery-heavy business model makes it less vulnerable to import tariffs compared to Target's reliance on imported merchandise.

The Walton Family (WMT) Is Wealthier Than Elon Musk (TSLA), but Not by Very Much

The Walton family is now the richest family in the world, mainly due to Walmart's impressive stock performance and e-commerce growth.

Walmart says prices will 'probably' go up if Trump tariffs take effect

Walmart's CFO indicates potential price hikes due to proposed tariffs, emphasizing the challenge of maintaining low prices amidst inflationary pressures.

Walmart is testing body cameras for some front-line employees in Texas

Walmart is piloting body-cams for employees in Texas to improve safety and evaluate the effectiveness.

Some Walmart Employees Are Wearing Body Cameras. Here's why. | Entrepreneur

Walmart's body camera pilot program aims to enhance worker safety amidst harassment, especially during stressful holiday shopping seasons.
morewalmart

Our 10 most-read stories about e-commerce in 2024

Retail Brew is essential for retail leaders to stay informed about e-commerce trends.

UK retailers accused of recruiting young shop workers without rights over Christmas

High-street retailers are hiring gig economy workers without basic employment rights during the festive season.
#consumer-behavior

Discounting is back in fashion, as Americans get tired of paying more

Consumers becoming more cautious with spending, pushing retailers to offer more discounts.

Thanksgiving Week E-Commerce Sales Signal Strong Start to Holiday Season

Early holiday shopping is up due to discounts, a compressed shopping calendar, and consumer optimism following the presidential election.

Inside the manipulative 'conspiracy' of consumption

Americans are projected to spend nearly $1 trillion during the 2024 holiday shopping season, raising concerns about consumer happiness and environmental impact.

Target ramps up seasonal staffing, will hire nearly 100,000 workers

Target is hiring 100,000 seasonal workers for holiday shopping, maintaining previous years' levels despite slow sales growth projections.
Persistent inflation is leading consumers to be more frugal, impacting projected retail sales growth for the holiday season.

Target wants you to know it can deny your return if it suspects you're abusing its policy

Target clarifies its return policy to enhance enforcement against fraud and abuse, including return practices that exploit the system.

Retailers are saying shoppers are 'pressured,' 'stretched,' and 'cautious' - but still spending

Amid inflation, US consumers are cautious in spending, with many feeling financial pressure and changing their shopping behaviors accordingly.

Discounting is back in fashion, as Americans get tired of paying more

Consumers becoming more cautious with spending, pushing retailers to offer more discounts.

Thanksgiving Week E-Commerce Sales Signal Strong Start to Holiday Season

Early holiday shopping is up due to discounts, a compressed shopping calendar, and consumer optimism following the presidential election.

Inside the manipulative 'conspiracy' of consumption

Americans are projected to spend nearly $1 trillion during the 2024 holiday shopping season, raising concerns about consumer happiness and environmental impact.

Target ramps up seasonal staffing, will hire nearly 100,000 workers

Target is hiring 100,000 seasonal workers for holiday shopping, maintaining previous years' levels despite slow sales growth projections.
Persistent inflation is leading consumers to be more frugal, impacting projected retail sales growth for the holiday season.

Target wants you to know it can deny your return if it suspects you're abusing its policy

Target clarifies its return policy to enhance enforcement against fraud and abuse, including return practices that exploit the system.

Retailers are saying shoppers are 'pressured,' 'stretched,' and 'cautious' - but still spending

Amid inflation, US consumers are cautious in spending, with many feeling financial pressure and changing their shopping behaviors accordingly.
moreconsumer-behavior

Rebuilding Place in the Urban Space

Salt Lake City's population growth does not adequately support its retail environment due to oversaturation and pandemic impacts.
#layoffs

CVS Is Laying Off Thousands in Cost Cutting Initiative | Entrepreneur

CVS Health is laying off 2,900 employees as part of a $2 billion cost-saving initiative.

L.L. Bean to cut up to 75 jobs in second round of layoffs this year

L.L. Bean is facing a second round of layoffs, affecting up to 75 corporate employees to adapt to changing retail dynamics.

CVS Is Laying Off Thousands in Cost Cutting Initiative | Entrepreneur

CVS Health is laying off 2,900 employees as part of a $2 billion cost-saving initiative.

L.L. Bean to cut up to 75 jobs in second round of layoffs this year

L.L. Bean is facing a second round of layoffs, affecting up to 75 corporate employees to adapt to changing retail dynamics.
morelayoffs
#tariffs

What Trump's win means for retail giants like Walmart, Target, and Costco

Trump's second term is anticipated to significantly alter the retail landscape through tariffs, tax cuts, and regulatory changes.

These Are the Industries Most Affected by Tariffs

Tariffs will raise prices across various industries, impacting consumers and domestic production.

What Trump's win means for retail giants like Walmart, Target, and Costco

Trump's second term is anticipated to significantly alter the retail landscape through tariffs, tax cuts, and regulatory changes.

These Are the Industries Most Affected by Tariffs

Tariffs will raise prices across various industries, impacting consumers and domestic production.
moretariffs

Consumer confidence 'since the Budget' is a blow for retailers - London Business News | Londonlovesbusiness.com

Consumer confidence remains weak as retailers brace for Christmas, influenced by economic concerns and increased costs from the Autumn Budget.
from Fortune
1 month ago

A Macy's employee made accounting errors 'intentionally,' hiding up to $154 million in expenses. Now the company's earnings report is delayed

Macy's faces a serious accounting scandal affecting its financial reporting and operational integrity.
#costco

Costco says it's going to start cracking down on membership sharing

Costco is tightening rules on membership sharing to prevent nonmembers from using others' accounts without paying fees.

Sam's Club will raise pay to catch up with Costco

Sam's Club will raise its minimum wage to $16 to improve employee retention and service quality.

Another US wholesale favorite is bumping its membership prices

BJ's Wholesale will raise its membership fees for the first time in seven years starting January 1, 2025.

Costco says it's going to start cracking down on membership sharing

Costco is tightening rules on membership sharing to prevent nonmembers from using others' accounts without paying fees.

Sam's Club will raise pay to catch up with Costco

Sam's Club will raise its minimum wage to $16 to improve employee retention and service quality.

Another US wholesale favorite is bumping its membership prices

BJ's Wholesale will raise its membership fees for the first time in seven years starting January 1, 2025.
morecostco

How Can eLearning Help Offline Retailers?

eLearning is crucial for offline retailers to enhance staff competency and meet heightened customer expectations in the competitive market.
#stock-market

Dollar Tree and Family Dollar stock falls 20% as company puts blame on the economy

Dollar Tree's shares fell 20% after lowering its 2024 outlook amid macroeconomic pressures affecting sales and profitability.

Dollar General just showed how bad things are for budget-conscious shoppers

Dollar General's stock fell nearly 30% amid worse-than-expected quarterly results, signaling challenges for low-income shoppers.

We're making another trim of a stock under pressure to protect hard-fought profits

Best Buy shares are being sold to maintain discipline and secure profits amidst uncertain market conditions.

Dollar Tree and Family Dollar stock falls 20% as company puts blame on the economy

Dollar Tree's shares fell 20% after lowering its 2024 outlook amid macroeconomic pressures affecting sales and profitability.

Dollar General just showed how bad things are for budget-conscious shoppers

Dollar General's stock fell nearly 30% amid worse-than-expected quarterly results, signaling challenges for low-income shoppers.

We're making another trim of a stock under pressure to protect hard-fought profits

Best Buy shares are being sold to maintain discipline and secure profits amidst uncertain market conditions.
morestock-market
#inflation

Industry headwinds are Amazon tailwinds: How the retail juggernaut just keeps growing

Amazon benefits from retail struggles like slow growth and cookie deprecation by leveraging its retail media dominance and advanced advertising solutions.

Lidl faces 'tens of millions of pounds' in extra costs and retailers are 'reeling' after the Budget - London Business News | Londonlovesbusiness.com

Lidl faces tens of millions in extra costs due to tax hikes, signaling potential job losses and higher prices for customers.

Industry headwinds are Amazon tailwinds: How the retail juggernaut just keeps growing

Amazon benefits from retail struggles like slow growth and cookie deprecation by leveraging its retail media dominance and advanced advertising solutions.

Lidl faces 'tens of millions of pounds' in extra costs and retailers are 'reeling' after the Budget - London Business News | Londonlovesbusiness.com

Lidl faces tens of millions in extra costs due to tax hikes, signaling potential job losses and higher prices for customers.
moreinflation
#consumer-spending

Why Amazon's Prime Day may not be the holiday shopping bellwether it usually is this year

Prime Day serves as a predictor for holiday sales, but current economic factors may dampen consumer spending this season.

What employees and customers need to know about rights as Homebase nears collapse - London Business News | Londonlovesbusiness.com

Homebase is nearing collapse due to reduced consumer spending, risking over six thousand employee jobs and affecting customer orders.

Why Amazon's Prime Day may not be the holiday shopping bellwether it usually is this year

Prime Day serves as a predictor for holiday sales, but current economic factors may dampen consumer spending this season.

What employees and customers need to know about rights as Homebase nears collapse - London Business News | Londonlovesbusiness.com

Homebase is nearing collapse due to reduced consumer spending, risking over six thousand employee jobs and affecting customer orders.
moreconsumer-spending

Saks Fifth Avenue Calls Off Holiday Light Show

Saks Fifth Avenue will not hold its popular holiday light show this season, focusing instead on illuminating its flagship store's architectural significance.
#asda

Better catering and nicer bathrooms will help get workers back to the office, says this retail CEO

Asda mandates a return to office for corporate staff three days a week to enhance efficiency and collaboration.

Asda cuts jobs and mandates office attendance amid turnaround efforts

Asda mandates in-office work three days a week while cutting jobs to streamline operations and improve competitiveness.

Better catering and nicer bathrooms will help get workers back to the office, says this retail CEO

Asda mandates a return to office for corporate staff three days a week to enhance efficiency and collaboration.

Asda cuts jobs and mandates office attendance amid turnaround efforts

Asda mandates in-office work three days a week while cutting jobs to streamline operations and improve competitiveness.
moreasda

The Entertainer halts new store plans due to budget's national insurance hike

The Entertainer halted store openings due to rising employer National Insurance costs, reflecting widespread concerns among businesses about increased operating expenses.

Bernard Marcus, a billionaire behind Home Depot, dies at 95

Bernard Marcus, co-founder of Home Depot, died at 95, remembered for revolutionizing retail through customer service and innovative employee practices.
#shoplifting

No One Knows How to Stop Shoplifters

Increasing instances of shoplifting are forcing retailers to secure products behind locked cases, significantly inconveniencing customers.

UK shoplifting offences reach record high as over 1.2m cases logged since 2019

Shoplifting in the UK has surged to unprecedented levels, primarily driven by the cost-of-living crisis.

No One Knows How to Stop Shoplifters

Increasing instances of shoplifting are forcing retailers to secure products behind locked cases, significantly inconveniencing customers.

UK shoplifting offences reach record high as over 1.2m cases logged since 2019

Shoplifting in the UK has surged to unprecedented levels, primarily driven by the cost-of-living crisis.
moreshoplifting

Why doesn't Market Basket have self-checkout?

Market Basket fosters a personal shopping experience by prioritizing human interaction over self-checkout systems, which aligns with its core values.
#customer-experience

Retail Is Leading The AI Charge - And Winning | AdExchanger

Retailers are leading in AI adoption, viewing it as a strategic asset beyond just efficiency.

Omni-experience shopping, the future of retail

The retail industry is evolving with online shopping, prompting omnichannel strategies focused on personalized experiences and integrating digital and physical platforms for a seamless customer journey.

Paris's department stores transformed urban life. What can they teach today's struggling shops?

Department store La Samaritaine in Paris, despite its luxurious renovation and unique offerings, struggles to attract customers amidst a declining trend in footfall for department stores globally.

Retail Is Leading The AI Charge - And Winning | AdExchanger

Retailers are leading in AI adoption, viewing it as a strategic asset beyond just efficiency.

Omni-experience shopping, the future of retail

The retail industry is evolving with online shopping, prompting omnichannel strategies focused on personalized experiences and integrating digital and physical platforms for a seamless customer journey.

Paris's department stores transformed urban life. What can they teach today's struggling shops?

Department store La Samaritaine in Paris, despite its luxurious renovation and unique offerings, struggles to attract customers amidst a declining trend in footfall for department stores globally.
morecustomer-experience

Dress for Less? Try $75M: Ross offers massive package to woo Boot Barn's CEO

James Conroy will replace Barbara Rentler as CEO of Ross Stores, receiving a substantial compensation package and relocation bonus.

Ecommerce decision-makers ramp up social media investment for the holidays

Over two-thirds of US decision-makers are increasing social media ad investments this season.
US retail spend on social network ads is projected to rise significantly in 2024.
Holiday ecommerce sales will heavily rely on social media platforms for consumer purchases.

UK at 'massive global disadvantage' over tourist tax, retail bosses warn Rachel Reeves

Retail leaders urge the Chancellor to reinstate VAT-free shopping for tourists to regain competitive advantage and boost economic growth.
#bankruptcy

True Value hardware declares bankruptcy and sells itself to a rival

True Value's bankruptcy filing highlights competitive pressures faced by smaller hardware retailers amid stronger rivals like Home Depot and Lowe's.

The last full-size Kmart in the mainland U.S. is closing on Long Island

Kmart's last full-size store closing signals the decline of iconic American discount retailers.

Big Lots warns it might go out of business as it closes 35-40 stores

Big Lots is facing financial challenges and uncertainty about its future due to net losses and debt increase.

True Value hardware declares bankruptcy and sells itself to a rival

True Value's bankruptcy filing highlights competitive pressures faced by smaller hardware retailers amid stronger rivals like Home Depot and Lowe's.

The last full-size Kmart in the mainland U.S. is closing on Long Island

Kmart's last full-size store closing signals the decline of iconic American discount retailers.

Big Lots warns it might go out of business as it closes 35-40 stores

Big Lots is facing financial challenges and uncertainty about its future due to net losses and debt increase.
morebankruptcy

Lamps Plus to pay $4.1 million to settle California suit over false price-matching claims

Lamps Plus settled for $4.1 million due to false advertising related to its misleading price-match guarantee. This was clearly a corporate policy to deceive consumers.
#employee-benefits

Sam's Club is boosting its starting wage to $16 and speeding up raises for nearly 100,000 workers

Sam's Club is raising its starting wage to $16 and introducing faster pay increases to enhance job quality for frontline workers.

Aldi is hiring more than 3,500 people ahead of Christmas - how to apply

Aldi offers the highest starting pay for store assistants in the UK, ahead of a major recruitment drive for the Christmas season.

Sam's Club is boosting its starting wage to $16 and speeding up raises for nearly 100,000 workers

Sam's Club is raising its starting wage to $16 and introducing faster pay increases to enhance job quality for frontline workers.

Aldi is hiring more than 3,500 people ahead of Christmas - how to apply

Aldi offers the highest starting pay for store assistants in the UK, ahead of a major recruitment drive for the Christmas season.
moreemployee-benefits

Mike Ashley's Frasers Group makes 83m offer for handbag maker Mulberry

Frasers Group has proposed an £83 million bid for Mulberry amidst its financial struggles, aiming to avoid a repeat of past retail collapses.

Superdry's boss would force Shein to pay more taxes if he could

Shein's U.K. IPO faces obstacles due to criticism over its exploitation of tax loopholes.
#7-eleven

Why 7-Eleven Is a National Treasure in Japan

Japanese konbini are essential to daily life, providing food and services, making them culturally significant and cherished by residents.

Quebec's Couche-Tard is gunning to buy 7-Eleven. Here's how it got there | CBC News

Couche-Tard is positioning to potentially acquire 7-Eleven, significantly enhancing its global retail presence.

Why 7-Eleven Is a National Treasure in Japan

Japanese konbini are essential to daily life, providing food and services, making them culturally significant and cherished by residents.

Quebec's Couche-Tard is gunning to buy 7-Eleven. Here's how it got there | CBC News

Couche-Tard is positioning to potentially acquire 7-Eleven, significantly enhancing its global retail presence.
more7-eleven

What Amazon's Return-to-office Mandate Could Mean for Other Retailers

Amazon's decision to enforce full-time office work reflects a significant shift away from current hybrid work trends in retail.

See the major UK retailers that allow dogs in store from John Lewis to Apple

The Range has adopted a dog-friendly policy across its stores, expanding options for pet owners in the UK.

Sam's Club is raising minimum wages and says workers will get faster raises with this new model

Sam's Club is increasing wages and improving compensation models for associates to offer clearer financial advancement paths.
#corporate-governance

Why retail and consumer CEOs are facing shorter tenures

Corporate boards are increasingly decisive in replacing underperforming CEOs, even without pressure from activist investors.

Mike Ashley appoints youngest daughter as director to expanding family empire

Mike Ashley's daughter Matilda has been appointed director at Mash Holdings, further intertwining family and business.
The appointment raises concerns about corporate governance and nepotism in Ashley's ventures.

Why retail and consumer CEOs are facing shorter tenures

Corporate boards are increasingly decisive in replacing underperforming CEOs, even without pressure from activist investors.

Mike Ashley appoints youngest daughter as director to expanding family empire

Mike Ashley's daughter Matilda has been appointed director at Mash Holdings, further intertwining family and business.
The appointment raises concerns about corporate governance and nepotism in Ashley's ventures.
morecorporate-governance

California's secret mecca of returned - and discounted - Costco items

Salvage stores provide significant discounts on overstock and returned items, making them valuable for budget-conscious shoppers.

Body Shop's remaining UK stores saved after rescue deal agreed

The Body Shop is rescued from administration, aiming for revival and operational stability under new ownership.
#customer-behavior

From online to in-store: How retail is adapting to consumers

Further integration of online and in-store customer experience emphasizes personalized data usage.

How to find incremental growth in the age of the irrational shopper

Retailers can use first-party data to understand and connect with the complex and polarized customer in a changing retail media landscape.

Dollar General stock price plunges 30% as company says customers don't have enough money to shop there

Dollar General's stock fell 30% after announcing lower earnings and cutting sales outlook due to its cash-strapped customer base.

Leader Spotlight: Viewing loyalty as a commitment to the customer, with Josh Engleka - LogRocket Blog

At Lowe's, the team led by Josh Engleka, including Product Management and UX, prioritizes customer-centric approaches due to their dual role as employees and customers.

From online to in-store: How retail is adapting to consumers

Further integration of online and in-store customer experience emphasizes personalized data usage.

How to find incremental growth in the age of the irrational shopper

Retailers can use first-party data to understand and connect with the complex and polarized customer in a changing retail media landscape.

Dollar General stock price plunges 30% as company says customers don't have enough money to shop there

Dollar General's stock fell 30% after announcing lower earnings and cutting sales outlook due to its cash-strapped customer base.

Leader Spotlight: Viewing loyalty as a commitment to the customer, with Josh Engleka - LogRocket Blog

At Lowe's, the team led by Josh Engleka, including Product Management and UX, prioritizes customer-centric approaches due to their dual role as employees and customers.
morecustomer-behavior
#economic-challenges

Big Lots closing 75 stores in California. See the list

Big Lots is closing 75 stores in California, part of a larger plan to shut down 315 stores nationwide due to economic challenges like inflation and declining sales.

'I've had the best times of my life' - Store to close after almost 70 years

M.P. Electrical Ltd is closing after 67 years due to high overheads and an unfavorable economic climate.

Big Lots closing 75 stores in California. See the list

Big Lots is closing 75 stores in California, part of a larger plan to shut down 315 stores nationwide due to economic challenges like inflation and declining sales.

'I've had the best times of my life' - Store to close after almost 70 years

M.P. Electrical Ltd is closing after 67 years due to high overheads and an unfavorable economic climate.
moreeconomic-challenges

Next shop workers win six-year battle for equal pay in landmark case

Next's shop workers won a significant equal pay case, potentially costing the retailer over £30 million, highlighting gender pay disparities in retail.

Grocery price inflation increases - London Business News | Londonlovesbusiness.com

Grocery price inflation increased for the first time since March 2023, rising by 1.8% in August compared to 1.6% in July.

Americans are in their budget era - and it's looking like great news for Walmart, Target, and T.J. Maxx

The US consumer economy is shifting towards a more value-focused approach, benefitting companies like Walmart, Target, and TJX.
#ai-demand-forecasting

What Is AI Demand Forecasting? Could It Improve Stock Control?

AI demand forecasting uses machine learning to predict stock needs and manage inventory efficiently in the retail industry.

AI Demand Forecasting: Could It Improve Stock Control? | HackerNoon

AI demand forecasting in retail helps manage inventory by predicting low stock using historic data and analytics, reducing overstock and stockouts.

What Is AI Demand Forecasting? Could It Improve Stock Control?

AI demand forecasting uses machine learning to predict stock needs and manage inventory efficiently in the retail industry.

AI Demand Forecasting: Could It Improve Stock Control? | HackerNoon

AI demand forecasting in retail helps manage inventory by predicting low stock using historic data and analytics, reducing overstock and stockouts.
moreai-demand-forecasting

Council Post: AI For Retail-Behind The Curtain

Retailers face challenges in understanding and implementing AI in the industry.

How Foot Locker is tweaking its marketing & assortment to appeal to more women

Foot Locker is focusing on women's business growth through marketing, events, and product assortment.

CVS, Walmart, and the rise of private labels as shoppy shop dupes

Retailers are enhancing private label brands with modern, personality-driven designs mimicking national brands.
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