The article below is from theladders.com and I couldn’t agree more–people are inventing more and more crazy terms to describe things that are very simple. Years ago I interviewed a guy for Management Trainee at Longs and he had been in finance his entire life. He really had no clue what working in Read More…
Category: Retail Trends
Retail trends
Amazon is buying Whole Foods Market in 13.7-billion deal
At one point there was Henry’s Market, and they were bought by Whole Foods. Then Whole Foods sold them to Sprouts, and Henry’s was gone and they were all converted to Sprouts. Now Whole Foods has been gobbled up by the biggest of them all, Amazon. I’m guessing they will lose the nickname Read More…
Retail is Dying. But You Already Knew That.
From the LA Times, and titled “In the Age of Internet Shopping, Even Big Retailers Are Closing Stores At American Malls”, this article really won’t surprise anyone. As someone who does more than 50% of his non-food shopping online, mostly through Amazon, the trend is definitely not going away soon for me and certainly not Read More…
16 facts that show why bottled water is one of the biggest scams of the century
Here’s a great article from BusinessInsider about bottled water that really makes you marvel at how the bottled water industry has thrived in the face of logic. Just walk the aisle at your grocery or drug store and look at all of the high-priced, fancy bottles of something that you can literally get for free at Read More…
“Alexa, please order my blood pressure medication.”
Someday in the future this day may be looked back upon as the death of the drug store industry, as Amazon looks like they may be entering the pharmacy business. The big challenge for them would be securing insurance contracts to make sure all customers can buy from them, but if they get that Read More…
CVS: Poor Results, But They Exceeded Expectations
Interesting news from CVS, as they reported a 16.9% decrease in net income but stated that their results “Exceeded their expectations.” They continue to show drops in same-store sales (almost 5% year over year!!) and decreased revenue from their store business but most of it is being offset by an increase in their pharmacy Read More…
Whole Foods Is In Trouble
It shouldn’t come as a huge surprise that Whole Foods is struggling these days. Their first quarter results show a continuing trend of dropping sales and reduced profitability which has been going on for a while now. Like every other grocery retailer, they face increased competition from online sources (Amazon) and the major markets like Kroger Read More…
Peeps Dethroned? Say It Ain’t So!
It’s the end of an era. This article from USA Today has some interesting facts about Easter this year, including the fact that it will be a record year of spending, some 6% over last year. But more shocking than that is that according to one survey, Peeps are no longer the #1 favorite Easter Read More…
19 Baffling Products That Big Companies Actually Rolled Out
Once again here’s some examples of products that never should have gotten off the drawing board. I mean seriously, no one thought that Lamborghini Vodka was a bad idea? Doesn’t take a rocket scientist to figure out that someone would want to drink some while driving one, and it’s a miracle Read More…
This Is Why Arizona Iced Tea Is Cheaper Than Water
This is from Guff and it shows you how a well-managed company can still put out a good product at a good price. Hard to believe that the price of this can hasn’t changed in 25 years and I’m pretty sure they haven’t downsized it either. I can also verify that they’re Read More…