Retail

The retail apocalypse is coming for grocery stores

Grocery stores are in danger. Thomson Reuters Retail space devoted to food sales in the US has hit a record high. New store growth is outweighing demand, and grocers are cutting prices to compete.  Department stores followed the same strategy in the last decade, and now they are closing stores and filing for bankruptcy at staggering rates. Department stores and ...

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Fresh eyes: Retail doctor reviews CBD

As the city thinks big, an expert reviews Bendigo’s untapped possibilities. A shared enthusiasm for Bendigo’s future has united traders and landlords as they propose improvements to retail spaces. Picture: DARREN HOWE A retail doctor has recommended council improve the appearance of the Bendigo CBD, while developing a vision and strategy for a more vibrant precinct.  CBD traders were yesterday ...

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There are more leaders than laggards in retail today, Moody’s says

Source: Moody’s Investor Services “Distressed [retail] names are growing, but still a small part of our rated universe,” Boni pointed out. “The broader industry remains fundamentally healthy.” “Bottom line, the retail industry may be undergoing sweeping changes, but there continue to be a number of outperformers.” Meantime, for all retailers, having an e-commerce presence will continue to drive companies’ growth, ...

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Retail sales rebound on the back heavy discounting

Posted August 04, 2017 16:09:39 Retailers saw their goods flying out the door at the fastest pace in four years in the June quarter, but they had to offer some pretty steep discounts to achieve it. Key points: Every state except Victoria recorded a growth in retail sales in June Discounting helped stimulate household goods and clothing and footwear sales ...

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County Going After Retail Group For Lost Soda Tax Millions « CBS Chicago

(CBS) – Now, it’s the county’s turn to sue over a controversial sweetened beverage tax. That was the penny-an-ounce tax that was delayed because of a lawsuit by the Illinois Retail Merchants Association. The Cook County Board President’s Office says it has filed a motion seeking monetary damages because delaying the tax cost county government more than $20 million. The ...

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HP ElitePOS Enters Crowded Retail Payment Market

Today’s retailers, including small businesses, need a seamless integration between the digital and brick and mortar world when taking payments from customers. The new all-in-one HP ElitePOS (point-of-sale) system offers a modular design with a platform addressing this integration. But whether it’s pricing will make it an appealing option for small businesses in a crowded market of POS options remains ...

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Retail Pay Ripples: Executive Bonuses Sinking, According to Korn Ferry Research

LOS ANGELES–(BUSINESS WIRE)–New research from Korn Ferry (NYSE:KFY) shows that volatility in the retail industry is now hitting senior retail executives in the pocketbook. Korn Ferry conducted an analysis of 40 North American retailers with annual sales between $1 billion and $50 billion, representing nearly 2 million employees. The study found that 73 percent of retailers paid little to no ...

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Here are the retailers analysts think are most vulnerable to Amazon’s Australian arrival

UBS equity analysts have assessed which Australian retailers are most exposed to competition from Amazon. The UBS team set out their buy/sell recommendations for Australian retail stocks, taking into account the Amazon effect. The bank’s forecast revisions to earnings for incumbent Australian retailers range between cuts of 1% to 20%. Here’s the table: The results show that UBS has reduced ...

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