At the turn of the last century, very few Americans over the age of 65 lived alone — only about 9 percent. Families were far more likely to live in multi-generational households, and elderly family members were a standard part of most domestic living arrangements. Get...
In an effort to attract consumers who might be tempted to buy beauty products through eCommerce channels, Saks Fifth Avenue is turning to technology to draw buyers into its brick-and-mortar stores. For example, shoppers can use “magic mirrors” to virtually try on products, USA Today...
With a bevy of patent filings, Walmart is focusing on improving the in-store experience and the technology that powers its stores behind the scenes. CB Insights said the retailer has filed a little more than 1,400 patents since 2009, CNBC reported. Get the Full Story Complete the...
A few months after Nordstrom rolled out its Nordstrom Local concept in West Hollywood, the retailer is planning on adding two more locations in Southern California. The company is also open to bringing the concept to other cities, retail news source Chain Store Age reported....
British coffee and sandwich chain Pret A Manger has found a new majority stakeholder: JAB Holding Company is expanding its already considerable reach within the coffee business with a purchase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Three years after Kraft Food Group and H.J. Heinz merged, the combined company may be hungry for acquisitions. After cutting $1.7 billion from spending, executives of Kraft Heinz said it’s now time for growth and investment, The Chicago Tribune reported. Get the Full Story Complete the...
The American Trucking Associations (ATA) said that the U.S. is facing a shortage of 50,000 truck drivers, impacting both retailers and consumers. The U.S. will need 898,000 additional drivers over the next 10 years to meet future demand, CNBC reported. Get the Full Story Complete the...
American retailers are heading east: They’re opening the doors to brick-and-mortar stores in China, while listing on China’s dueling marketplaces — Tencent and JD.com. Walmart, for example, brought a small-format supermarket to the city of Shenzhen as the popularity of “small retail” grows in China. Get...
Moving companies traditionally charge consumers a fixed fee for a move along with other costs: As a result, an already stressful process becomes more of a hassle for consumers. But services such as Bellhops are disrupting the market — and making a challenging time for...
