Category Archives: Business/Economy

Allergies to Multiple Nuts Less Common Than People Think — NWAHomepage.com

Many people who have nut allergies may not be allergic to all nuts: “The American College of Allergy, Asthma and Immunology studied people with allergies to specific nuts. They found that blood or skin-prick tests showed sensitivity to other types, but half of those tested had no reaction when actually eating a different type of nut. Very few of those with a peanut allergy were actually allergic to tree nuts.“ Supplier Takeaway Careful labeling may be a key to helping...

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Target Continues to Struggle — Bloomberg.com

Target is struggling in an increasingly uncertain retail marketplace: “Audible sighs erupted during Cornell’s presentation when he touted that Target more than doubled its digital sales in the past three years — a number that sounds impressive until you realize Target’s annual online sales amounted to just $3.4 billion last year.“ Supplier Takeaway Retailers, large and small, are facing increasing uncertainty. How can you, as a supplier, effectively do business in this climate? Resources for Walmart Suppliers How Retailtainment Is Killing...

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Analysts Tap Walmart as “Best Positioned” to Compete with Amazon in Grocery — CNBC

Analysts believe that if Amazon’s grocery initiatives can be challenged, Walmart is the best company to do so: “Based on our analysis, we determined that Wal-Mart was the winner (low exposure to Amazon Fresh/Prime Now markets and low EPS impact from exposure to those exposed markets),” Citi said in the 43-page report. “Whole Foods Market came in last place overall in our analysis, largely due to their urban store exposure, which overlaps highly with Amazon Fresh and Prime Now, as...

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DNA Tagging for Cotton Sustainability — TriplePundit.com

  In the wake of recent scandals involving the authenticity of cotton, some suppliers are working with DNA to track their cotton orders: “PimaCott, owned by a large Indian supplier, says it has a solution. The company partnered with Applied DNA Sciences, an American biotechnology firm, to treat its cotton so that it can be easily scanned and identified. Molecules with DNA tags are added to cotton during the ginning process, so someone on a company’s supply chain team is...

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Amazon Sellers Seek Suspension Insurance — DenverPost.com

Amazon marketplace sellers are taking out insurance against being suspended from the site: “In recent years, an entire cottage industry has emerged in the shadow of the world’s largest online retailer. There are consulting firms pledging to help make Amazon merchants rich. Temporary staffing agencies find workers to staff Amazon warehouses during the holiday shopping season. Now the insurance industry has found a niche, thanks to an enterprising Amazon merchant from Kentucky who sells custom bedding.“ Supplier Takeaway Do you...

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Millennials Like to Play With Their Food — CNBC.com

Millennials enjoy new flavors and innovative recipes: “The food consulting firm also determined that 48 percent of millennials will spend more on a meal that features a new or innovative flavor. Only 33 percent of those over age 35 are willing to spend extra money on these dishes.“ Supplier Takeaway If you are a food supplier, what are you doing to incorporate new flavors, ingredients, or techniques in your products? Resources for Walmart Suppliers How Retailtainment Is Killing Your Profit...

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Modcloth Acquisition Reflects Walmart’s Changing Demographics — Yahoo! Finance

Walmart’s acquisition of several higher-end e-commerce brands indicates that the company is seeking to shift its core demographic: “In an economically-divided America, Walmart has begun working to sell to two separate groups: shoppers looking for extreme discounts and upper-income shoppers seeking higher-quality items. Walmart has been working to grow sales from more affluent customers for years, especially when it comes to e-commerce.“ Supplier Takeaway The “Walmart Demographic” may not be what it once was. How is this going to affect your...

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Can Walmart Compete With Amazon in Fashion? — BusinessofFashion.com

Is Jet.com’s recent acquisition of Modcloth a sign that Walmart wants to challenge Amazon in the area of apparel? “The current Walmart e-commerce chief executive spoke about his ambitions and Jet.com’s much-hyped rivalry with Amazon at technology news website Recode’s Code Commerce event on Monday. Lore, who assumed his role when the big box retailer acquired Jet.com in August 2016, is on an acquisition spree. Last week Jet.com bought ModCloth, an online women’s retailer known for vintage-inspired clothing, its diverse...

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Sears Suppliers Cautious After Latest News — CNBC

  With reports indicating that Sears and Kmart may not survive, suppliers are being very cautious: “Mark Cohen, the former chief executive of Sears Canada and director of retail studies at Columbia Business School in New York City, said vendors will keep a close eye on Sears’ finances. ‘Whatever vendors continue to support them are now going to put them on even more of a short string. That means they’ll ship them smaller quantities and demand payment either in advance...

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Aldi Updates Logo — Supermarket News

Aldi has commissioned a logo update at a time when the chain is expanding in the U.S. and also facing a threat from Lidl, a German competitor which has recently set up shop in America: “The logo is Aldi’s first new design since 2006. It contemporizes the stark “A” in the same red, blue, cyan, yellow and orange colors in a manner meant to convey the more adventuresome selection, and modern look and feel of its stores. The branding follows...

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