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Tag: retailers

Moody’s Investors Services predicts slower growth for retailers; revises outlook

Intense competition and digital investments are putting pressure on retailers’ profits.  That’s according to a new report from Moody’s Investors Services which has revised its outlook for U.S. retail from positive to stable from positive. The change comes as the industry faces rising pressure due to intense competition in the fight for market share and …

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AccuWeather: Holiday weather outlook looks good for retailers

The weather is not expected to play all that big a role in holiday sales this year.   That’s according to a forecast by AccuWeather, whose meteorologists are forecasting no major snowstorms for major cities in the Northeast corridor and for temperatures to be higher than last year from Thanksgiving to Christmas in Eastern cities, …

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Study: Retailers can win against Amazon this holiday season

Get great content like this right in your inbox. Subscribe Amazon is the top choice among online holiday shoppers, but has weak points. According to “Holiday Online Shopping Trends 2019: Retailers Win with Customer Centricity,” a survey of more than 4,500 global online shoppers from Episerver, 42% of respondents expecting to purchase all or most …

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Three reasons U.S. retailers should embrace Singles Day

There is no reason why the U.S. should miss out on the world’s biggest e-commerce event. Invented as an ironic celebration of singlehood by Chinese college students in the 1990s, Singles Day has evolved into a 24-hour online sales extravaganza that leaves Prime Day in its dust. Spearheaded by Chinese e-commerce juggernaut Alibaba and observed …

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Retailers move to reassure consumers over chicken safety after drug seizure | Environment

Retailers and the poultry industry have attempted to reassure consumers on the safety of chicken, after a seizure of Chinese antibiotics suspected to be destined for unregulated use on a poultry farm in Northern Ireland. The County Tyrone farm suspected of trying to source the antibiotics is now at the centre of an investigation by …

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Retailers cut 85,000 jobs in past year | Business

Retailers have axed 85,000 jobs in the past year as weak consumer demand, rising costs and the switch to online shopping, exacerbated by Brexit uncertainty, have put businesses under increasing pressure. The job losses in the UK’s biggest private employment sector – with particular importance for women – are the latest sign of a crisis …

Retailers cut 85,000 jobs in past year | BusinessRead More

Study: Many retailers don’t see AI as crucial to logistics success

A new study from JDA indicates that retailer investments in leading-edge logistics technology are not universal. According to the 2019 Global Logistics report from enterprise software provider JDA and supply chain intelligence platform EFT, only 25% of retailer/manufacturer/distributor respondents plan on investing in warehouse execution or control systems in the near term to enable higher …

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Study: Retailers missing mark on shipping, in-store experiences

Retailers are not meeting customer expectations, and in many cases are missing on the fundamentals. That’s according to a new global consumer study by Oracle Retail, which found that, among other things, retailers and customers dramatically disagree on how easy it is to return purchases. Fifty-seven percent of the retailers surveyed noted that returning products …

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UK retailers demand Brexit deal after worst September on record | Business

Retailers have urged the government to secure a Brexit deal with the European Union after their latest health check of high street and online spending showed the worst September performance since the survey was launched in the mid-1990s. The British Retail Consortium – the trade body for stores and digital suppliers of consumer goods – …

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Study: Retailers give store associates more seamless capabilities

Store associates are rapidly gaining the ability to provide shoppers with omnichannel services. According to the annual Omnichannel Leadership Report from NewStore, close to seven in 10 (68%) store associates are using a mobile device in 2019, up from 60% in 2018 and 10% in 2017. The study, which assesses the omnichannel capabilities of over …

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