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Grocery E-Commerce Success Requires Personalization, Store Optimization

“Grocery delivery has become a a big business: 36% of shoppers will spend 26% to 40% of their grocery budget online as soon as next year, up from 10% in 2018, according to the Personalization in Digital Food Retail – Shoppers Expect More study by IDC Retail Insights and Precima . This market could reach $100 billion in annual sales by 2022, according to data from Food […]
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A Buyout Won’t Solve Saks Owner’s Real Issue: Department Stores Are Dying

“A group of investors this week set plans in motion to take Hudson’s Bay Co. HBC 0.76% private, hoping to fix the business out of the public eye. But going private won’t solve the company’s biggest problem: It owns department stores, a segment of retailing that has been losing share for years to discount chains, e-commerce […]
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Forget the Mall, Shoppers Are Buying Gucci at Airports

“Makers of luxury goods from liquor to perfume think they have found the antidote to the fading American shopping mall : airport terminals. The world’s airports, drawing ever more travelers with time to kill, have become havens of high-end shopping, where stores sell $400 bottles of whiskey and $4,000 purses against the backdrop of day […]
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The One Amazon Prime Day Deal That Walmart and Target Can’t Match

“Amazon.com Inc. and other big retailers kicked off an annual July sales event that has come to rival Black Friday in terms of discounts and the surge in online shopping. But for the e-commerce giant, the Prime Day event isn’t just about selling discounted Instant Pots or Levi’s jeans. It is another way to tighten its […]
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Large Retailers Saw 64% Increase in Sales on Monday, Thanks to Amazon Prime Day

“It’s no longer a winner-take-all scenario for Amazon Prime Day — in fact, that hasn’t been true for years. As soon as other large retailers realized they could piggyback on Amazon’s annual sales event to boost their own revenues from counter-sales, they’ve been doing just that. According to new data from Adobe Analytics out this […]
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Spurred by Amazon, Supermarkets Try Swapping Cashiers for Cameras

“A man strolled down the candy aisle of a grocery store in England last month, picked up a bar of chocolate and stashed it in his back pocket. He wasn’t stealing. Specially equipped surveillance cameras were tracking both his body and the products he was taking off the shelves, to help him pay for them. […]
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China’s Unmanned Store Boom Ends As Quickly As It Began

“When Chinese tech companies started rushing to open unmanned convenience stores a couple of years ago, some seasoned bricks-and-mortar players said the trend would soon hit a dead end. They were right: Across China, shops once considered the future of retail have been shutting their doors for good. In May, on Huaqiang North Road in […]

On The Wires

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Annual Survey Reveals That Consumer Knowledge About Credit Scores Has Steadily Declined Over the Past Eight Years

““Consumers know less about credit scores but think they know more,” said Stephen Brobeck, CFA senior fellow. “Taking our online credit score quiz provides an easy way for consumers to update their credit score knowledge,” he added. More than 230,000 individuals have taken the Credit Score Quiz , developed and maintained by CFA and VantageScore.”