economy

Thumbnail-Photo: 2021 could see record retail sales growth in the US...
17.03.2021   #e-commerce #brick and mortar retail

2021 could see record retail sales growth in the US

… but economy still hinges on coronavirus

A wide array of economic indicators point toward potentially record retail sales growth during 2021, but the coronavirus pandemic remains the biggest challenge for the year, National Retail Federation Chief Economist Jack Kleinhenz said ...

Thumbnail-Photo: What the payment future is about
08.03.2021   #brick and mortar retail #mobile payment

What the payment future is about

Interview with John Kolthof, Chief Commercial Officer, CCV GmbH

We asked our CCO John Kolthof about the future of the payment industry. What megatrends does John see and how do they influence CCV’s day-to-day business? Read more in our interview. ...

Thumbnail-Photo: Upturn for brick and mortar retail in city centres?...
17.07.2020   #brick and mortar retail #customer relationship management

Upturn for brick and mortar retail in city centres?

Economic development and city marketing about current measures

Bonn's inner city – like all other cities in Germany – is struggling with the consequences of the Corona lockdown. We asked directly on site what support there is from the economic development and city marketing departments. This ...

Thumbnail-Photo: Payment and retail - what happens after the crisis?...
09.07.2020   #brick and mortar retail #payment systems

Payment and retail - what happens after the crisis?

Interview with Christine Bauer from CCV

We ask Christine Bauer, Vice President International Sales of the payment service provider CCV, which has been firmly established in Germany for 25 years and internationally for 60 years.Mrs Bauer, CCV has been on the market for a very long time, ...

Thumbnail-Photo: WirvonHier – Virtual strolling through retailers from the neighborhood...
02.04.2020   #brick and mortar retail #mobile shopping

WirvonHier – Virtual strolling through retailers from the neighborhood

How an app brings local retailers and customers together contactless

Many retailers have had to close their shops due to the Corona crisis. But this does not mean that as a result the connection to the customer has to suffer. The WirVonHier project shows how to reach customers and moreover connect with their needs ...

Thumbnail-Photo: Stopping the pandemic is first step to restoring sound economy...
02.04.2020   #retail #coronavirus

Stopping the pandemic is first step to restoring sound economy

NRF Chief Economist Jack Kleinhenz about the coronavirus

In the April issue of the National Retail Federation’s Monthly Economic Review, NRF Chief Economist Jack Kleinhenz says the coronavirus pandemic “has triggered shocks” – but that the underlying economy is sound.“How ...

Thumbnail-Photo: Consumers continue to drive economy
11.03.2020   #retail #economy

Consumers continue to drive economy

NRF forecasts retail sales will grow 3.5 percent to 4.1 percent

The National Retail Federation today forecast that retail sales during 2020 will increase between 3.5 percent and 4.1 percent to more than $3.9 trillion despite uncertainty from the lingering trade war, coronavirus and the presidential election. ...

Thumbnail-Photo: Transport logistic trend barometer 2019
11.04.2019   #logistic systems #logistics

Transport logistic trend barometer 2019

Economic situation, Brexit, digitalization—logistics feels ready for the challenge

In spite of many political and economic uncertainties as well as numerous business challenges ranging from the lack of skilled personnel to digitalization, the logistics industry is confident that it will meet the challenges. Companies are getting ...

Thumbnail-Photo: Retail jobs grew nearly 15,000 in January over December...
07.02.2019   #retail #economy

Retail jobs grew nearly 15,000 in January over December

The economy seems to be in a good place

Retail industry employment in January was down by 15,100 jobs unadjusted from a year earlier but increased 14,800 jobs seasonally adjusted from December, the National Retail Federation said today. The retail numbers, which exclude automobile ...

Thumbnail-Photo: Mundt: „We are going to deal with the topic of e-commerce in a more...
17.10.2018   #e-commerce #economy

Mundt: „We are going to deal with the topic of e-commerce in a more targeted way“

2017 Annual Report of the Bundeskartellamt

Andreas Mundt: “Our key focus is on protecting competition in the digital economy. We have two key objectives when it comes to the major internet companies. Our task is to keep markets open to ensure they remain contestable and companies ...

Thumbnail-Photo: German consumer climate remains stable
02.08.2018   #economy #consumer demand

German consumer climate remains stable

Findings of the GfK consumer climate study for June 2018

The trade conflict between the EU and the USA is intensifying and leaves a clear mark on the consumer mood in Germany in June. Economic optimism clearly declines, while both income expectations and propensity to buy manage to hold their ground with ...

Thumbnail-Photo: June retail jobs increase more than 50,000 over 2017...
16.07.2018   #retail #economy

June retail jobs increase more than 50,000 over 2017

Trade war could become a ‘turning point’ in confidence

Retail industry employment in June increased by 50,200 jobs unadjusted over the same time last year despite a seasonally adjusted drop from May of 25,800, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline ...

Thumbnail-Photo: Best friends: digitization and business process management...
04.06.2018   #digitization #data warehouse management

Best friends: digitization and business process management

How retailers can optimize their processes

These two go hand in hand: process optimization and digitization. Their common goal is to simplify and extensively automate processes throughout the company. In this iXtenso interview, Professor Jörg Becker, Managing Director of the European ...

Thumbnail-Photo: An easy way to reduce business operating costs...
03.05.2018   #lighting concepts #sustainability

An easy way to reduce business operating costs

Climate protection is more than an environmental issue

Interview with Lars Reimann, Head of the Environment and Energy Department at HDE (German Retail Federation) Practical, informative and effective: The recently launched “Retail Climate Action Campaign” (“Klimaschutzoffensive des ...

Thumbnail-Photo: B-Air welcomes retailing expert Gordon Erickson to its board...
19.04.2018   #retail #marketing

B-Air welcomes retailing expert Gordon Erickson to its board

B-Air’s blue-chip partnerships with valued distributors and retailers, such as The Home Depot, Amazon, Menards and Costco

As one of the leading companies in the water damage, janitorial, retail, pet and inflatable industry, B-Air has set the standard in providing the highest-quality manufactured air movers, dryers, blowers, dehumidifiers and air scrubbers for ...

Thumbnail-Photo: Asia convenience channel set to grow 6.6 percent a year to 2022...
18.04.2018   #digitization #trend research

Asia convenience channel set to grow 6.6 percent a year to 2022

Results from a survey of the top ten Asian convenience retailers

Asia’s leading convenience retailers are predicted to grow 6.6 percent a year to 2022 by US$5.1trillion, according to the latest forecast from international research organisation IGD. Based on a survey of the top 10 Asian convenience ...

Thumbnail-Photo: Fenix Outdoor International AG acquires Royal Robbins...
11.04.2018   #economy

Fenix Outdoor International AG acquires Royal Robbins

Consolidation will be made in second quarter of 2018

Fenix Outdoor International AG, a global player in branded outdoor apparel and equipment, announces that is has signed an agreement and acquired 100 percent of the U.S.-based outdoor and travel apparel company Royal Robbins.  Royal Robbins ...

Thumbnail-Photo: Goodbye cash – or maybe not? Germany’s relationship with cash and...
03.04.2018   #payment systems #smartphone

Goodbye cash – or maybe not? Germany’s relationship with cash and credit cards

Electronic payments are on the rise – cash payments continue to decline. Is that a sign that Germany will soon abolish cash? That‘s quite unlikely.

Not again! I just want to make I quick bakery run and grab a roll. Do I have enough change in my wallet? No. What about my purse? Yes, I found two Euros! That should be enough. Otherwise, I would have had to get some cash first. When it comes to ...

Thumbnail-Photo: Encouraging retailers to introduce voluntary plastic bag charging...
03.04.2018   #brick and mortar retail #sustainability

Encouraging retailers to introduce voluntary plastic bag charging

Retail trade bodies have launched new materials to help small stores introduce a plastic bag charging scheme

Retail trade bodies the Association of Convenience Stores and the National Federation of Retail Newsagents have launched new materials to help small stores introduce a plastic bag charging scheme following the publication of the ...

Thumbnail-Photo: Retailers to White House: Do right by American families on trade...
28.03.2018   #economy #associations

Retailers to White House: "Do right by American families" on trade

Some of the largest brands in retail sent a letter to President Trump

Thumbnail-Photo: C&A signs UN Womens Empowerment Principles
21.03.2018   #economy #associations

C&A signs UN Women's Empowerment Principles

Alain Caparros, CEO C&A Europe, described C&A’s commitment to gender parity as a key principle of the company’s culture

“Gender parity and women's empowerment are extremely important to C&A. Women are the driving force behind the apparel industry and our brand: 80% of our employees are women, and approximately the same percentage is true of the workers ...

Thumbnail-Photo: ARKET to open first store in hometown of Stockholm...
20.03.2018   #brick and mortar retail #fashion

ARKET to open first store in hometown of Stockholm

ARKET will open its first store in Sweden in early summer 2018

The new store follows the brand’s launch in August 2017 with openings in five major European cities as well as an online store in 18 markets. A modern-day market offering essential products for men, women, children and the home, ...

Thumbnail-Photo: Nordstrom Rack to relocate Sugar House Store...
15.03.2018   #fashion #economy

Nordstrom Rack to relocate Sugar House Store

The approximately 36,000-square-foot store is scheduled to open in spring 2019

Seattle-based Nordstrom, Inc. plans to relocate its Rack store to a new, larger location within the Sugar House Shopping Center, in Salt Lake City, UT. The property is owned by Dees, Inc. The new location is in a ...

Thumbnail-Photo: Traditional UK retailers hit hard by Brexit
13.03.2018   #brick and mortar retail #economy

Traditional UK retailers hit hard by Brexit

Fraser Hammond reports losses of many retail jobs due to Brexit

Fraser Hammond economists say at least 5,300 retail jobs are in danger after a major toy retailer and an electronics chain closed their doors last week. Both companies were unable to continue operating due to stiff online competition and economic ...

Thumbnail-Photo: eBay Inc. reports fourth quarter and full year 2017 results...
01.02.2018   #online trading #e-commerce

eBay Inc. reports fourth quarter and full year 2017 results

eBay delivers record fourth quarter driven by strong holiday performance

eBay Inc., a global commerce leader, delivered revenue for the quarter ended December 31, 2017 of $2.6 billion, increasing 9% on an as-reported basis and 7% on a foreign exchange (FX) neutral basis, primarily driven by gross merchandise ...

Thumbnail-Photo: U.S. kids food market is about the parents too...
31.01.2018   #marketing #trend research

U.S. kids food market is about the parents too

Marketing to mom and dad as well as kids has never been more important for food companies

Perhaps more than any other consumer packaged goods segment, the kids food market requires marketers to take a dual approach to satisfy the needs and interests of both parents (as the purchasers) and kids (as the consumers). The influence of kids on ...

Thumbnail-Photo: UK click & collect sales set to soar 55.6 percent to 2022...
25.01.2018   #e-commerce #brick and mortar retail

UK click & collect sales set to soar 55.6 percent to 2022

Click & collect continues to rise rapidly in the UK, outpacing growth in the online retail channel

Click & collect continues to rise rapidly in the UK, outpacing growth in the online retail channel, with click & collect sales forecast to account for 13.9 percent of total online spend in 2022, 1.9 percentage points higher than in ...

Thumbnail-Photo: Industry veteran joins The Gordon Company as Vice President...
22.01.2018   #retail #economy

Industry veteran joins The Gordon Company as Vice President

Barry Lustig of Jade Trau Inc. has joined The Gordon Company as its new vice president

Barry Lustig of Jade Trau Inc. has joined The Gordon Company as its new vice president. With over 20 years in the diamond and jewelry industry with such notable firms as GIA, Cora Diamond, Lazare Kaplan and most ...

Thumbnail-Photo: AGACI announces Chapter 11 restructuring update...
22.01.2018   #brick and mortar retail #fashion

A'GACI announces Chapter 11 restructuring update

The Fashion retailer which filed for Chapter 11 relief will begin discussions with landlords regarding 49 of its locations

A'GACI, LLC, a leading fashion retailer in Texas, which filed for Chapter 11 relief on Tuesday, January 9th, will shortly begin discussions with landlords regarding 49 of its locations. In a court filing on Tuesday, A'GACI ...

Thumbnail-Photo: Some glitter but no gold for Christmas
17.01.2018   #marketing research #food retail

Some glitter but no gold for Christmas

In December, UK retail sales increased by 0.6 percent on a like-for-like basis from December 2016

In December, UK retail sales increased by 0.6 percent on a like-for-like basis from December 2016, when they had increased 1.0 percent from the preceding year. On a total basis, sales rose 1.4 percent in December, against a growth of 1.7 ...

Thumbnail-Photo: UK retailers unaware and unprepared in the face of Payment Services...
17.01.2018   #payment systems #economy

UK retailers unaware and unprepared in the face of Payment Services Directive

Report calls for retail technology vendors to educate retailers and help them innovate

New research from independent technical consultancy Consult Hyperion and tech PR consultancy CCgroup, reveals that major UK retailers are unaware, unprepared and paralysed ahead of the Second Payment Services Directive ...

Thumbnail-Photo: Shoppers to lose out if UK doesn’t adopt EU global trade deals...
28.12.2017   #economy #pricing

Shoppers to lose out if UK doesn’t adopt EU global trade deals

“Higher tariffs inevitably mean consumers would face higher prices”

As a member of the EU, the UK currently benefits from zero or low rate tariffs on various imports from trade deals that the EU has negotiated with third countries. From the day after the UK leaves the EU, on 30 March 2019, it will no longer be ...

Thumbnail-Photo: Toys R Us: Our results for the quarter were disappointing...
27.12.2017   #retail #marketing research

Toys "R" Us: "Our results for the quarter were disappointing"

The company reports results for third quarter 2017

Toys "R" Us, Inc. ("the Company") reported financial results for the third quarter of fiscal 2017, which ended October 28, 2017. "Our results for the quarter were disappointing.  They not only reflect the broad ...

Thumbnail-Photo: The chancellor needs to deliver a budget for shoppers...
25.10.2017   #marketing research #economy

The chancellor needs to deliver a budget for shoppers

Business and consumers are looking to the Chancellor’s upcoming Budget for action to support consumer spending

In a submission entitled Helping Shoppers Budget, sent to the Chancellor last week, the British Retail Consortium (BRC) proposes a series of targeted measures to support the retail industry in maximising its future contribution to the ...

Thumbnail-Photo: Mobile payment can fail due to lack of knowledge and enthusiasm of...
15.10.2017   #mobile payment #customer relationship management

"Mobile payment can fail due to lack of knowledge and enthusiasm of checkout personnel"

Interview with Professor Ludwig Hierl of the DHBW Heilbronn

Out in the field, new technologies hinge on whether the people who use them also accept and adopt them. In this conversation with iXtenso, Professor Ludwig Hierl points out that things are still amiss when it comes to mobile and contactless payment ...

Thumbnail-Photo: Forecast to 2023 for the global cloud storage market...
21.08.2017   #marketing research #trend research

Forecast to 2023 for the global cloud storage market

Challenges, key vendors, drivers and trends for the next five years

The global cloud storage market is expected to grow at approximately 104 billion US dollars by 2023, at 25 percent of CAGR between 2017 and 2023. Major key players are Amazon Web Services, IBM Corporation, Microsoft Corporation, VMware Inc., HP ...

Thumbnail-Photo: NRF: Retail industry employment declined slightly in July...
18.08.2017   #retail #economy

NRF: Retail industry employment declined slightly in July

1,700 jobs less than in June, although some retail sectors saw job gains

Retail industry employment declined slightly in July, decreasing 1,700 jobs from June, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. The economy overall saw gains of 209,000 ...

Thumbnail-Photo: Research examines benefits of promoting competing retail websites...
03.08.2017   #online trading #marketing research

Research examines benefits of promoting competing retail websites

In-store advertising by competitors is a common practice across the web and can be advantageous for both retailers

A few years ago, Dr. Mohammad Zia PhD was checking flight prices on Expedia when he was puzzled by a section of the website that prompted him to run the same search on competing travel websites, including Priceline and Orbitz. "Instead of ...

Thumbnail-Photo: Schaeffler AG and Fraunhofer sign a strategic partnership agreement...
28.07.2017   #logistic systems #logistic solutions

Schaeffler AG and Fraunhofer sign a strategic partnership agreement

Shaping mobility for tomorrow

Schaeffler AG and Fraunhofer have entered into a strategic partnership with the aim of further enhancing this collaboration. What do the factories and workplaces of the future look like? How can emission-free, intelligent mobility for tomorrow ...

Thumbnail-Photo: New internationalization study
27.07.2017   #e-commerce #marketing research

New internationalization study

E-commerce retailers in the USA want to expand into Europe

"Europe is one of the largest and most dynamic e-commerce markets in the world", emphasizes Frank Schirrmeister, CEO at Arvato SCM Solutions. "US brands, therefore, need to actively improve their reputations in Europe." Hence, ...

Thumbnail-Photo: Skilken Gold sells six Walmart neighborhood markets for 78 Million...
19.07.2017   #design #brand management

Skilken Gold sells six Walmart neighborhood markets for 78 Million dollars

National retail developer is the first in the country to build and sell Walmart Neighborhood Market's newest store prototype

Skilken|Gold, a national retail developer, today announced that they sold six Walmart Neighborhood Market grocery stores to The Hampshire Companies and their South Korean partner. The properties were sold for $78 million. The six properties, all ...

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