Amazon is planning to open a drive-up grocery store in Seattle, newly discovered planning documents suggest.
Source: www.geekwire.com
Looks to be drive up grocery for sure. Amazon completing the equation.
Retail industry news, voices and jobs. Optimized for your mobile phone.
Source: www.retaildive.com
Traffic to outlet malls is at a two-year peak, with 26% of shoppers in the U.S. heading to an outlet in July 2016—up four percentage points since March, when outlet traffic hit its lowest point since June 2015—according to Cowen Consumer Tracker Survey data cited by CNBC.
Millennials’ thrifty ways influenced the acceleration, with sportswear outlet stores including Nike, Adidas and Under Armour among the biggest beneficiaries of the renewed customer activity, according to Footwear News.
Retail industry news, voices and jobs. Optimized for your mobile phone.
Source: www.retaildive.com
“Our teams delivered a strong second quarter, with better-than-expected revenue and profitability in both our domestic and international businesses,” he said in a statement. “We saw continued positive momentum in our online sales—delivering a second straight quarter of nearly 24% growth. We also continued to deliver cost savings and drive efficiencies in the business, a discipline that is critical to our ability to invest in our future.”
That future looks bright, said Charlie O’Shea, an analyst at Moody’s Investors Service. “[Best Buy’s Q2 turnaround] is evidence that a well-managed brick-and-mortar retailer with a well-thought-out strategy that successfully utilizes its physical assets can thrive as it transitions to a true multichannel retailer,” O’Shea told Bloomberg.
We all know the economy’s been taking a few gut-punches in recent years, and stories about “job creation” have become a staple in the news. Complicating th
Source: www.ranker.com
The next time a friend or family member suggests your group dine out at Longhorn Steakhouse or Olive Garden restaurant, suggest an alternative option.
Source: usuncut.com
using prepaid cards can result in poor or.
I stopped by Amazon Books in Seattle and loved it.
Source: www.businessinsider.com
Good picture review of customer process in new Amazon bookstore which combines best of net and in-store retail.
Consumers aren’t afraid to spend these days, but as Friday’s retail-sales report will likely show, they are also becoming more discerning about what, where and how they make their purchases.
Source: www.wsj.com
Sales at nonstore retailers—including Jet.com Inc., which Wal-Mart agreed to acquire for $3.3 billion, and Amazon—rose 10.6% in the first half of 2016 versus a year earlier. That included a 14% surge in June compared with a year before, the biggest monthly increase in 10 years.
Meanwhile, department-store sales fell about 4% through the first six months of the year, their poorest showing since the financial crisis. The disparity between store and nonstore sales was the greatest in 16 years, according to the Commerce Department.
To keep Under Armour moving forward CEO Kevin Plank announced three key strategic initiatives designed to reach and engage shoppers. See what the retailer has planned to continue to gain market share.
Source: risnews.edgl.com
Three key areas include:
Another clicks and mortar type conversion for international ecommerce.
Order a meal these days and there’s a good chance you’re using some kind of electronic device—a smartphone, tablet, computer or even a touch screen at the restaurant.
Source: phys.org
Over the last year or so in the US, a lot of the plastic credit cards we carry around every day have been replaced by new one with chips embedded in them. The chips are supposed to make your credit and debit cards more secure—a good thing!—but there’s one little secret no one wants to admit: The US’
Source: qz.com
Interesting that bars lose the ability for running tabs with C&P cards. Also agreed on the banks opting for chip and signature being a fiasco. Ostensibly to save the consumer from having to remember multiple pins (and defeat safety and use only one pin) but mostly it saves the banks a ton of money
