In retail – the brick-and-mortar kind – only impermanence is permanent. The body count mounts in terms of physical stores becoming ghost towns, where storefronts shutter, where malls scramble to become mixed-use spaces. In the latest news, as students gather their backpacks and pencils fly...
Third time’s no charm. Three quarterly reports, three straight declines in quarterly sales for Kohl’s. Beyond the vagaries and volatility in stock price, where Kohl’s shares sank in the wake of its earnings report last week, Kohl’s showed the lingering impact of the physical store...
Consumers are set to spend $23 billion buying mobile tickets for sports and gaming events by 2023. Sports brands are thus looking to a host of new technologies, like contactless payments, and even virtual reality technology, to accommodate a new generation of mobile users. Stadiums...
A trade war tariff reprieve does not a sustainable rally make, at least not for Chinese tech stocks. However, the news Thursday (Aug. 15) was centered on earnings at Alibaba, where shares were up low single-digit percentages after results beat estimates. And it’s fair to...
That the average experience in a quick-service restaurant (QSR) has been greatly enhanced by the addition of mobile technology is almost inarguable. The customer journey these days is frankly much smoother, much faster and a lot more rewarding. It is safe to assume that no...
As the price of bitcoin surged this week, cryptocurrency (namely, Facebook’s Libra) has been under increased scrutiny by regulators. The folks who bought their bitcoin at around $4,000 are feeling pretty smart. The folks who bought at near $20,000 are feeling a bit less blue...
Simon to the rescue? To save the malls, and the retailers in the malls, look to the mall owner. Maybe. News came this past week that the largest mall owner based in the United States may look to keep select retailers from going out of...
And now, the Libra lure. Amid the controversy of a cryptocurrency proposed by Facebook, news comes this week that, per an investigation by The Washington Post, roughly a dozen accounts and pages on the social media giant’s platform promise early access to Libra. For a...
Earnings season begins roughly two weeks after the close of the quarter. Earnings season serves as a barometer of the health of companies, and as always, offers management commentary on the state of the general economy. Many firms, with reach global in scope, also are...