FedEx Office, a subsidiary of FedEx, on Tuesday announced it will bring 500 new FedEx Office packing, shipping and printing locations to U.S. Walmart stores. At ShopTalk in Las Vegas the companies said a pilot program had successfully driven more traffic to the retailer while smoothing logistical problems.
I like the line from Doug Stephens — Walmart has clearly recognized that if it’s going to hold its own against Amazon, it needs to think less like an empire and more like a network.
The nation’s retailers are bullish on the new year.
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On the heels of ToysRus comes Dollar General which I think is the top rated value store (at least above Dollar Store).
It’s a cautionary tale about LBOs and strategic shortsightedness.
The retailer was saddled with hefty debt in a 2005 leveraged buyout in which Bain Capital, KKR & Co. and Vornado Realty Trust took the retailer private. In recent months, the company’s financial burden went from seriously challenging to unsustainable.
But the toy and baby-gear behemoth was afflicted by many other retail ailments. With rivals looking to get a piece of the sales its disappearance leaves up for grabs, it’s worth pointing out the other missteps that, if avoided, could perhaps have steered Toys “R” Us to an alternate ending.
(No official announcement made, but vendors not being paid and gift cards not being accepted) One of the frustrations in pushing back against the false Retail Apocalypse narrative are situations like Toys ‘R’ Us that people will point to and say – what about them? It’s pretty easy to find stories that fuel the
It was not the market dynamics that took these companies under, it was the fact that their owners took on so much debt that it positioned them to only be successful if all the market dynamics went their way. They decided to purchase a Formula One race car and forgot they have to dodge potholes on I-94 in Chicago to and from work. And when they fail the world wonders and laments the loss of these retailers and make it sound like this is an overall retail issue. It’s not.
Epic has a reputation for bringing a dose of eccentricity and whimsy to health care tech’s biggest conference.
In our 18 Retail Trends for ’18 report, we noted that we expected to see more automated, cashier-free stores in 2018. Then, on Thursday this week, Recode reported that Amazon plans to open as many as six more Amazon Go stores by the end of 2018. Read more about the future of cashierless stores.
BELLEVUE, Wash., Feb. 21, 2018 /PRNewswire/ — Coinstar today announced its partnership with leading German retailer real hypermarkets to brin