Retail's worst kept secret - its growing returns problemIn 2020, U.S. retail returns totaled $428 billion. That's 10.6% of total retail trade. Stores, restaurants shuttered in 2020 had one thing in common…The pandemic took its heaviest toll business-wise on smaller retailers and restaurant operators. Survey: Consumers want digitally integrated stores Customers value brick-and-mortar stores, but have specific expectations for the in-store experience. Lids to open in-store shops in DSW, Shoe Company stores Lids is expanding its footprint in Canada through a partnership with Designer Brands. Ad Explosion: Retailers poised to become the next media moguls Expect more retailers to build out their online ad platforms. Walmart puts its money behind driverless electric delivery Walmart is moving from a pilot of self-driving electric vehicles into an investment. Gen Z quickly ‘cancels’ brands and moves on; no patience with online errors Gen Z is not likely to give retailers a second chance when faced with a poor online experience. Adidas opens high-tech flagship in one of world’s largest malls Adidas has opened its first Mideast flagship, at The Dubai Mall. At 15 million sq. ft., it is the largest mall in the world based on total area. Jeff Bezos commits Amazon to being ‘Earth’s best employer’ Jeff Bezos wants Amazon to be as obsessed with its employees as it is with customers. Family Dollar debuts new third-party digital ad network Another major retailer is enabling advertisers to digitally target its customers. First Previous 657 658 659 660 661 Next Last
