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Retail

Holiday season defines winners and losers in retail

NEW YORK (AP) — The 2018 holiday season turned out to be a mixed bag for retailers, with some of them defying a gloomy government report in December that raised concerns that shoppers were hunkering down everywhere. Retailers like Walmart, Target and Best Buy that have been responding faster to …

It Was Sears’s Time to Go

The retailer completed the circle of corporate life: it made lots of money for a long time, then competitors with different skills took its place. Sears has filed for Chapter 11 bankruptcy, meaning it intends to reorganize and stay in business. But as we’ve seen with RadioShack and Sports Authority, …

Inside the Weirdest Luxury Shop in NYC

This episode of Invitation Only takes you inside a curiosity shop in New York City’s Upper East Side. The store sells bizarre, expensive stuff for home decoration: taxidermied peacocks, ancient Chinese headdresses, handmade bowls with rubies in them. You know? For your home… Source: Bloomberg.com

Faster delivery of nearly everything is the next big thing

FILE- In this Dec. 24, 2017, file photo, United States Postal Service worker Missie Kittok, who has been a letter carrier for 15 months, helps deliver some packages in time for Christmas in Minneapolis. (Richard Tsong-Taatarii/Star Tribune via AP, File) NEW YORK (AP) — Waiting is so yesterday. Shoppers increasingly …

7-Eleven uses opera to fix loitering problem – Business Insider

Companies including 7-Eleven and McDonald’s are testing out new methods to drive out certain groups of people. The strategies have included playing loud classic A 7-Eleven location in California is now blasting opera to drive out panhandlers, loiterers, and other “riffraff.” In the wake of the arrest of two black men at a …

Why We Should Be Optimistic About Retail – The New York Times

Considering the likely liquidation of Toys “R” Us, the bankruptcy filings of Claire’s Stores and Nine West, you’d be forgiven for thinking that retail is dying. One major news outlet even forecast “The Death of Clothing.” As consultants who have lived and breathed retail for more than 25 years, we’re pained by such headlines, …

Coca-Cola bets on coconut water – Business Insider

Coca-Cola is turning to a new beverage to win over customers as anti-sugar shoppers ditch soda. Coconut water is estimated to become a $7 billion market globally by 2021. Coca-Cola wants to own the category with its Zico brand, debuting flavors like jalapeño-mango and a new line of coconut water that’s …

Will millennials kill Costco? – The Washington Post

There’s a Costco to one side of Gwendolyn Hammer’s house and a Sam’s Club to the other. But when the 28-year-old needs 12-packs of paper towels, or 36 rolls of toilet paper, she heads online instead. Once a month she uses her smartphone to place a bulk order on Boxed.com, …