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Think Tank
Retail: Page 179
For This Start-Up, the Secret to Selling Wine Online Is Making It Yourself
In 2012, a Los Angeles start-up named Club W set out to help millennials find and buy decent wine on the internet. With bottles from a few boutique vintners, a slick web platform and a simple recommendation algorithm, the company had a propitious plan.
What Stores Do With $90Bn in Merchandise Returns
Retailers still celebrating their strongest holiday sales in years now face the less-pleasant task of disposing of billions of dollars in returned merchandise.
Dog Food Brands Recalled Over Concerns About Euthanasia Drug
J.M. Smucker Co. is recalling several shipments of dog food after an independent investigation found traces of pentobarbital, a euthanasia drug, in samples from a range of popular brands.
Sam's Club, Vying With Costco and Amazon, Offers Free Shipping to Premium Members
Sam's Club is offering free shipping for premium members and simplifying its membership tiers.
Freight Brokers See Profits Surge on Shipping Rush
Freight middlemen are seeing a surge in business as growing economic demand and tight capacity sends companies rushing to find shipping space.
Australian Retailers Resilient As They Face Down 'Amazon Effect'
Three months after the launch of Amazon in Australia, local competitors say they are still waiting for the dreaded “Amazon effect” to hit their sales.
E-Commerce Disruption and the Rise of Omnichannel Retail
E-commerce has disrupted retail to an extent that it is now the new "traditional" channel and the future of retail is omnichannel. The retail industry is going through an upheaval. Thousands of stores have closed, over 4000 net-new stores opened in 2017. Large department chains are closing stores while discount retailers and specialty businesses have opened many. Online-first retailers are setting-up physical stores while brick-and-mortar retailers are moving online. All these retailers are investing in technology to survive and grow. -Ashwin Ramasamy, Co-founder/CMO, and Shrikanth Jagannathan, Co-founder/Chief Data Scientist, both of PipeCandy
Why It’s So Hard to Sell Wine on the Internet
In 2012, a startup named Club W set out to help millennials find and buy decent wine on the internet. With bottles from a few boutique vintners, a slick web platform and a simple recommendation algorithm, the Los Angeles-based company had a propitious plan.
Trump Wants to Cut Food Stamps — and Replace Them With Blue Apron-Like Meal Kits
The Trump administration wants to overhaul the longstanding food stamp program, replacing it with a box of canned goods that it has likened to Blue Apron — a high-end meal kit service.
Amazon Threat Has Maersk Racing to Stop Clients Becoming Rivals
The world’s biggest container shipping line is trying to stop customers like Amazon.com Inc. and Alibaba Group Holding Ltd. from becoming competitors in just a few years’ time.
Digital Disruptions Continue to Drive Retail Evolution
Digital disruptions continue to play an important role in the evolution of retail. The dot-com era of the 1990s begets the dot-com bubble that burst to create the dot-com collapse. By 2003 the few dot-com survivors began playing an important role in retail. By 2010 e-commerce had reached a level of significance creating the term multichannel retail, describing retailers who participate in stores and online. The field has evolved, and entered the era of New Retail. -Jim Tompkins, CEO, Tompkins International and MonarchFx
Roses Are Cheap on Valentine’s Day — Because of Where They Come From
The majority of roses Americans give one another on Valentine’s Day, roughly 200 million in all, grow here, the savanna outside Bogota, Colombia, summoned from the soil by 12 hours of natural sunlight, the 8,400-foot altitude and an abundance of cheap labor.
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