As online sales proliferate in the United States, UBS says merchants will have the need to close stores: The firm claims that businesses in the consumer electronics, clothing and home furnishing spaces will need to shutter more locations around the country, CNBC reported. Get the...
With store closures in retail making fewer jobs in the space for teens, teen workers are returning to the workforce for restaurants. Just under 2 million — or 1.7 million — teens worked in restaurants last year per the Bureau of Labor Statistics, which was...
Amazon failed Ted Mann, CEO of Slyce, a visual search firm, when it came to the cheesy sweater — the one with, in his words, “little teddy bears all over it.” He tried in vain to search via text for that product, a wedding anniversary gift for...
Walmart in Mexico is demanding discounts from food firms that also supply Amazon, and some are pulling their products from Amazon for fear of adversely affecting their relationship with Walmart, according to a report by Reuters. Get the Full Story Complete the form to unlock...
For the most part, the employment picture in the United States is strong. Last week’s jobs report indicated 196,000 positions were added to the U.S. economy in March, beating analyst expectations and demonstrating a big bounce back from an unusually weak February. Initial reports indicated...
In the digital age of dining technology, consumers have a range of alternatives to ordering at the counter or drive-thru: They can tap into a wide array of quick-service restaurant (QSR) and third-party apps. These solutions let consumers place their orders for that burger and...
Brick-and-mortar pharmacy retailers are taking new approaches to delivery in the omnichannel age: CVS Pharmacy, for instance, is doubling down its on-demand offerings with a faster and expanded option. Instead of having its customers wait a day or two for their prescriptions, the retailer is...
In a move that could lead to faster service and make it easier for staff to work the night shift, McDonald’s is curtailing its late-night menu. The quick-service restaurant (QSR) had unveiled the menu in 2013, CNBC reported. Get the Full Story Complete the form...
To expand its offerings into kids’ clothing, Rent the Runway plans to debut a children’s apparel collection on April 15. The clothing subscription company’s new offering will initially include girls’ sizes from 3Y to 12Y, Retail Dive reported. Get the Full Story Complete the form...
