Thursday, October 29, 2020

Retail

Mobile commerce (m-commerce) platforms often operate in several international markets. M-commerce managers often focus on which features should be kept constant and which should be adapted to specific characteristics of national markets. Consider, for instance, an m-commerce platform designed for Australian consumers. To what extent should...
Black Lives Matter activism has jolted the skin lightener industry. In June, manufacturers of skin lighteners joined other corporations in voicing support for the racial justice movement. Critics quickly pointed out the hypocrisy of voicing such support in the US while continuing to...
As COVID-19 quarantines and lockdowns drive up psychological distress, many people have increased their screen time, including online shopping, to cope. Like alcohol use — or overeating, watching TV or surfing the internet — online shopping doesn’t pose a problem when used as...
Australian supermarket giant Woolworths has announced its single biggest investment in logistics infrastructure, spending A$780 million to replace up to 1,300 workers with robots. It plans to build one semi-automated and one fully automated distribution centre in south-west Sydney. About 650 jobs will be...
It’s wrong to expect a “snap-back” at shopping centres, food courts, cinemas and other places where people used to gather to spend money. We’ve identified three reasons why spending in physical stores on goods like clothes is likely to remain...
Perhaps you’ll unearth a can of Crisco for the holiday baking season. If so, you’ll be one of millions of Americans who have, for generations, used it to make cookies, cakes, pie crusts and more. But for all Crisco’s popularity,...
Parents of young children will remember the Hatchimal frenzy of 2016, when a cute chick that hatches by itself took the toy market by storm during the holiday season. The overwhelming popularity and instant shortage of Hatchimals left many scrambling and...
Recently Zara introduced a sustainability pledge. But how can Zara ever be sustainable? As the largest fast-fashion retailer in the world, they produce around 450 million garments a year and release 500 new designs a week, about 20,000 a year. Zara’s fast-fashion model...
Philip Green’s Arcadia retail empire lives to sell another day. After a week’s delay and five hours of discussions, Arcadia’s creditors agreed to a Company Voluntary Agreement (CVA) that involves rent cuts, 23 store closures and 520 job losses, but ensures...
Many people probably assume that online stores are making a fortune, without all the costly bricks and mortar. But the reality is rather different. Many ecommerce activities are, in fact, unprofitable; if people had to pay the true cost...

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