You don’t have to be a management consultant to know that we are all besieged by information, but it’s the consultant’s job to come up with a snappy buzzword to describe the phenomenon, and they have settled upon the …
Retail
Ahead of IPO, Moleskine Evolves From Notebooks to Apps
Just inside Moleskine’s New York office, Pablo Picasso stares down anyone who enters. The artist is a long-time Moleskine favorite, and the notebook company prominently displays a huge black-and-white portrait of him right at …
Target Battles Walmart for Low-Price Supremacy
Target gets bragging rights in the most recent study comparing prices between the “Expect more. Pay less.” retailer and its “Save money. Live better.” competitor, Walmart. In the study, matching up costs of 150 similar items in …
PayPal-Discover Pact Boosts Mobile Payments Momentum
The mobile payments/digital wallet drama now unfolding is fascinating for three reasons: First, paying with your mobile phone is the most fundamental shift in retail commerce since the credit card was invented 60 years ago. …
Best Buy Can’t Stop the Bleeding
Just when it appeared things couldn’t get worse for Best Buy shareholders, this morning the firm released a downright grim earnings report showing that profit slumped a jaw-dropping 91% in the second quarter. Shares then slid …
The Big-Box Electronics Retailer That’s Actually (No Joke) Growing
Contrary to the industry norm, electronics retailer hhgregg is quickly expanding at a time when its rivals are shutting stores
Best Buy Founder Offers $8.8 Billion to Take Company Private
Richard Schulze, the founder and former CEO of Best Buy, submitted a written proposal this morning to the firm’s board offering $24 to $26 per share to take the electronics retailer private.
Fire Up the Barbecue? Drought Will Bring on Cheaper Meat Prices for a Spell
This summer’s historic drought is bound to yield rising prices at the supermarket. The awful harvest of corn and soybeans is causing their prices to soar, and since they’re utilized in so many other foods—cereal, soda, feed for …
Will Amazon Take Over the World?
Amazon is poised to integrate itself in Americans’ lives in ways that no other company is capable.
The 10 Fastest-Growing Retailers in America
A look at the ten retailers who are growing their top lines the fastest, and how they’re achieving their success.
Smartphone Shoppers Actually Increase In-Store Sales
They call it “showrooming,” and to hear the nation’s retailers and other experts fret about consumers using smartphones to buy online while shopping in stores, it’s the worst thing to happen to brick-and-mortar sales since Jeff …
10 Ways Walmart Changed the World
On July 2, 1962 — 50 years ago today — Sam Walton opened the very first Walmart store in Rogers, Ark. Little did he know at the time that he was laying the foundation for an American institution that would reshape not just …