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Think Tank
Retail: Page 235
High-Tech Shoppers Buy More via Mobile and Social Media, Survey Says
With high-tech purchases expected to account for a major portion of consumer holiday spending this year, UPS has launched a study ("How to Click with High-Tech Online Shoppers") to help retailers gain insights into high-tech shoppers. According to the Consumer Technology Association (CTA), 68 percent of consumers - roughly 170 million people - plan to purchase technology gifts this holiday season.
Don't Blink: How Pop-ups Are Transforming Retail
The new era of retail isn't just about the internet. Welcome to the world of the pop-up store.
Nike's New Flagship Store Is 'Overflowing' With Tech
In an effort to strengthen its direct-to-consumer business, Nike has reimagined its retail experience. Located in the heart of SoHo at the corner of Spring and Broadway, Nike has debuted a 55,000-square-foot store that is spread across five floors.
2016 Supply Chain Innovation Awards Presented by SupplyChainBrain and CSCMP
The more complex a company's supply chain, the more challenging it is to devise a sustainability program that ensures environmental protection from design and manufacturing to packaging and from product transportation to end-of-life disposal and recycling. A comprehensive plan that's truly innovative is called for.
Amnesty International Slams Colgate, Nestlé for Palm Oil Supply Chain Abuses
Amnesty International has published a report into the practices of major consumer goods multinationals that unpicks the palm oil supply chain and finds evidence of forced labor, child employment and dangerous working conditions.
Target's RFID and Fulfillment Investments Lead to Increase in Digital Sales
Year over year, Target says it's surpassed expectations for 2016 thanks to investments in inventory data. Although the third quarter saw a 0.2-percent decline in sales from last year, its comparable digital channel sales grew 26 percent over last year.
Big Data Reveals the Real Picture of China's Economy, But Can It Survive?
Wu Haishan was at Princeton studying how schools of fish swim together when the crowd behavior of a much bigger group grabbed his attention: his 1.35 billion fellow Chinese. It was Lunar New Year back home in 2014, and Baidu, operator of the country's biggest search engine, had created an animation showing all the trips the Chinese had made during the holiday, which demographers say is the largest annual human migration anywhere. Wu, who'd seen the animation, soon joined Baidu as a data scientist in Beijing. With the company's vast amounts of user location information, he's come up with ingenious ways to measure economic activity.
Retailer Primark Says Constantly Looking for Slavery in Its Supply Chain
British budget fashion chain Primark recently said it was constantly on the watch for any slavery in its supply chain while dismissing the idea that low cost meant exploitation.
Consumer Spending Starts Q4 With Solid Gain, Commerce Department Reports
U.S. consumer spending posted another solid gain in October and inflation continued to show signs of firming, buoying hopes of strong economic growth in the fourth quarter. The Commerce Department said personal consumption rose a seasonally adjusted 0.3 percent last month after a revised 0.7-percent jump in September.
U.S. Businesses Add 216,000 Jobs, Most in 5 Months
Companies in the U.S. added a solid 216,000 jobs in November, the most since June and evidence that the incoming Trump administration is inheriting a solid economy. Payroll provider ADP said that nearly all the gains occurred in service sectors such as retail, hotels and restaurants, as well as higher-paying professional services. Construction firms added 2,000 jobs, while manufacturing shed 10,000.
Online Grocer Ocado Uses 4G to Communicate With Warehouse Bots
Ocado, an online-only grocer and retail solution provider, has developed a 4G-based protocol to communicate with the thousands of robots powering its new automated warehouses. These highly-automated warehouses will be offered as part of a managed service called the Ocado Smart Platform which enables international partners to build scalable, sustainable and profitable online retail businesses, the company says.
Wal-Mart's Labor Scheduling Overhaul Could Transform Retail
Wal-Mart has announced it will change employee scheduling systems and processes across 650 of its U.S. stores - with the goal of improving peak hour staffing and provide more predictability over hours for employees.
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