Over 2,500 Stores in the U.S. Are Closing in Retail 'Bloodbath' #Retailstores #Retail #TrumpsEconomy
https://share.newsbreak.com/cwa4xgd2
Over 2,500 Stores in the U.S. Are Closing in Retail 'Bloodbath' #Retailstores #Retail #TrumpsEconomy
https://share.newsbreak.com/cwa4xgd2
#Google close to picking sites in #India for first #retailstores outside #USA
It currently has only 5 physical stores, all in the United States, which sell its products such as :
1. Pixel phones
2. watches
3. earbuds
https://www.thehindu.com/sci-tech/technology/google-close-to-picking-sites-in-india-for-first-retail-stores-outside-us/article69245741.ece
De Beers to open 15 Forevermark brand retail stores in India
DE BEERS, a global leader in the diamond industry, on Wednesday announced it will foray into the retail segment with the opening of 15 Forevermark brand stores in India in the current year....This was originally posted on India Weekly. Read the detailed report here:
https://www.indiaweekly.biz/de-beers-to-open-15-forevermark-brand-retail-stores-in-india/
#Debeers #DiamondIndustry #RetailStores #India #Diamond #USA #UK
#496: Blood, Bath, & Beyond: Retail Apocalypse
https://vigilante.tv/videos/watch/42523c66-ed93-470f-95df-aa367cfa8846
Back in 2021, I wrote about walking around Manhattan with a friend to see cow statues. One of the cow statues was in Bloomingdale’s. In the post I explained that I had previously not known anything about Bloomingdale’s other than the name. In a recent Washington Times report, I learned not only that Bloomingdale’s is owned by Macy’s (I went to Macy’s many times when I was younger), but also that Macy’s owns something called Bluemercury. What is Bluemercury? Beats me.
https://social.emucafe.org/naferrell/learning-that-bloomingdales-is-part-of-macys/
"The analysts noted that overall shrink — merchandise losses due to external and internal theft, damaged products, inventory mismanagement and other errors — makes up just 1.5% to 2% of retailers’ sales. That percentage has remained steady for years, despite retailers sounding the alarm more than ever about theft."
https://www.cnn.com/2023/10/27/business/crime-spree-retailers-are-actually-overstating-the-extent-of-theft-report-says/index.html?utm_source=substack&utm_medium=email
Proposed #Kroger #Albertsons #megamerger affects future of #FredMeyer, #Safeway, #Vons, #Osco, #Food4Less, #HarrisTeeter #QFC stores too. Together, the two chains operate approx 5 thousand of consolidated #RetailStores under varous #BrandNames across #US and have annual revenue of more than $209 billion.
#AntiTrust issues arise everywhere, with nearly 200 #grocerystores between them in #Oregon alone, many within a mile of each other. State Attorney Generals have sought to block the massive #merger, but everyone knows #BigMoney talks loudest.
To meet #FTC requirements this week the chains announced plan to #divest at least 400 #stores to a single #SoftBank backed holding corp that operates #PigglyWiggly
#Digitaltwins are revolutionizing the way #retailers are optimizing efficiencies in #retailstores by creating #predictive and #prescriptive models that consider interactions between various factors, such as people, products, promotions, weather, and more.…https://lnkd.in/gbUxcpJE
Listen to "Ep. 97 Retail in Crisis, My Top 7 things to keep sane in a Pandemic" by Leon La Grey Podcast. ⚓ https://anchor.fm/leonlagrey/episodes/Ep--97-Retail-in-Crisis--My-Top-7-things-to-keep-sane-in-a-Pandemic-ebmuci