An East Village Artist’s Death Prompts a Reflection on the State of Indie Retailers Today
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While thumbing through the Times, I noticed a smiling young woman’s picture in the obituaries. In the black and white photograph, she's standing on a fire escape with a historic building and a bridge in the distance. I was initially attracted to Ronni Solbert’s 1959 picture, yet I was even more drawn in by what I noticed next to her photo: a children&...
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Arnold Schwarzenegger, Future Bridge Spokesperson?
Today's Wall St. Journal shares that Target stores saw a 20% increase in revenue--more than the chain had seen in the last 11 years combined. How did it do it? Target converted many of its physical stores into 'mini-warehouses,' where they can ship goods or have customers do curbside pick up.
What does this mean for indie stores? Stores will have to become more efficient in receiving online orders, which make up 40% of retail these ...
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RetailDive shares that shoppers want a store with both a great website and a convenient location--something that retail leader Amazon may not offer.
Article highlights:
40% of stores now offer BOPIS.
Even with stores now being open (after the mandatory Covid-19 closures), e-commerce growth is still up 40% over 2019.
80% of consumers told FTI Consulting that they're going to shop more online this year compared to last, ...But many of those customers will be going to their
"Despite the Amazon hype, prices in Whole Foodsβ 490 stores across the country β even after shoppers pony up cash for the Prime discount β come down by just $1.54 on a $400 basket of groceries, according to the report."
What if someone bought everything for a week through Amazon? Well, then many Main Street shops would be empty, most sales reps would be out of work, and many manufacturers in the U.S. would be out of business. A Wall St. Journal reporter tries the βAmazon only dietβ and shares her findings.
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