Category Archives: Business/Economy

Beauty Customers Not Loyal to Retailers — Chain Store Age

There’s an uptick in people buying cosmetics, but many of these consumers aren’t loyal to a particular retailer: “‘The study, which is based on a survey of 800 American online beauty shoppers, finds that 67% of consumers use four or more websites to fulfill their shopping needs,’ said Hana Ben-Shabat, A.T. Kearney partner and author of the study. The results indicate that both brands and retailers who sell beauty products online need to rethink how they build stronger loyalty from...

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Lidl store

Lidl May Enter Ohio — Supermarket News

Lidl is looking for real estate in Ohio: “Will Harwood, a spokesman for Lidl US, confirmed that the German discounter was also looking at sites in Ohio, but said the company was not yet prepared to formally expand there. Several months ago, Lidl similarly acknowledged its representatives were seeking sites in Texas, but an announcement on that development has still not materialized.“ Supplier Takeaway As Lidl enters into the U.S. market, can you identify challenges and opportunities for your business? Resources...

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Upscale Brands to Go Fast Fashion — CNBC

Some higher-end fashion labels may be jumping on the fast-fashion bandwagon: “Xcel Brands, a Manhattan-based company that owns labels like Isaac Mizrahi, C. Wonder and Judith Ripka, has developed a manufacturing model that slashes the amount of time it takes an item to go from the sketch pad to the selling floor.“ Supplier Takeaway What does it mean when well-constructed clothing, newly off the runways, ends up in mainstream retail stores? As an apparel supplier, how do you plan to...

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Whole Foods Expanding 365 Stores — Supermarket News

Whole Foods is expanding its 365 brand: “Via release, the company echoed Mackey’s sentiments and labeled the upcoming 365 locations as a ‘new wave’ of stores that will bring ‘greater ease to the grocery shopping experience through a blend of design, technology and experience.’” Supplier Takeaway The trend toward affordable, yet healthy groceries continues. What does your company have to offer this market? Resources for Walmart Suppliers How to Increase Sales With Online Content Courses for Walmart Suppliers Podcast: Top...

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Why Amazon and Walmart Can’t Crack the Luxury Brand Barrier — Digiday

Amazon and Walmart have both stepped up their game when it comes to offering mid-range brands. Yet the luxury market remains out of reach: “’Nothing about the way they do business and nothing about the way their business is set up is appropriate for a luxury brand,’ said Charlie Cole, vice president at Tumi. ‘When you think about their completely egalitarian and no-barriers-to-entry model for their marketplaces — which is what’s served them so well as far, as expansion goes —...

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Retail Bankruptcies on the Rise — Bloomberg.com

Retail is facing a crisis: “Meanwhile, America’s retailers are closing stores faster than ever as they try to eliminate a glut of space and shift more business to the web. S&P blamed retailer financial struggles on their inability to adapt to rising pressure from e-commerce.“ Supplier Takeaway It may be time to take stock of your retailers and the terms of your contracts. Protect yourself by both strengthening your relationships with healthy retailers and ensuring that less robust companies are paying you...

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Is Albertsons Interested in Whole Foods? — NWAHomepage.com

Albertsons may be considering a takeover of Whole Foods: “According to the Financial Times, Albertsons is reportedly making a bid to buy the upscale grocery chain. Albertsons already owns and operates stores like Safeway and Jewel-Osco.“ Supplier Takeaway Whole Foods may well become part of the grocery “establishment” that it initially set itself against as part of its brand. What will this mean for the grocery industry and consumer behavior? Resources for Walmart Suppliers How to Increase Sales With Online...

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Land O’ Lakes Joins Walmart’s Sustainability Commitment — TheCattleSite.com

Land O’Lakes has announced its plan to join Walmart in Project Gigaton: “’Through Land O’Lakes SUSTAIN, our partnership with our member-owners, and our ongoing leadership with some of the world’s largest food producers and retailers, including Walmart, our cooperative is in a position to achieve meaningful goals and shape the future of environmental sustainability,’ said Matt Carstens, senior vice president of Land O’Lakes SUSTAIN.“ Supplier Takeaway Suppliers are getting on board with Walmart’s new initiative. What are your plans? Resources...

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What Would Walmart’s Acquisition of Bonobos Mean? — The Guardian

Walmart’s possible acquisition of Bonobos has serious implications for the retail industry: “Bonobos offers an alternative. It operates a small number of stores that act as fitting rooms but do not to fulfill orders on site, only from distribution centers. Their locations carry no inventory – customers try on its slim-fitting, fashion-conscious clothes – ranging from T-shirts and jeans to business suits and black-tie – for fit and style, and then have their acquisitions shipped to their home from a...

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Sears Has New CFO, Plans for Additional Savings — USA Today

Sears continues to try to save itself with executive changes plus cost-cutting measures: “Sears also said that Rob Riecker, the company’s controller and head of capital market activities, is its new chief financial officer. He is taking over the position from Jason Hollar, who is leaving the company.“ Supplier Takeaway How much longer can Sears and other struggling retailers hang on? What will happen when most retail brands are either gone or exist only online? Resources for Walmart Suppliers How...

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