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…
Category: Retail Trends
Retail trends
“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…
Warren Buffett just dropped Walmart and signaled the death of retail as we know it
So this is pretty much sums it up…one of the most well-known investors has sold off nearly $1 billion in Walmart stock and moved his money into airlines, thus validating what we already know–that the brick and mortar retail industry is in decline. Despite the stock market being at an all-time high, Walmart stock is Read More…
These Corporations Prove You Can Be Successful And Also Pay Your Employees A Living Wage
This article from Guff shows that it is in fact possible to take care of your employees and pay them well, and in fact the companies at the top of this list (bottom of the article) are all doing VERY well, thank you. And while I can’t speak for Zappos, I can tell you Read More…
16 Times Fast Food Went Too Far In 2016
These were sent into Buzzfeed (you know, the garbage, failing news site…) and I’m glad they published them. Because Americans need to know that fast food restaurants are pulling out all the stops in an effort to keep their business. They also seem to be motivated to keep the antacid drug makers in Read More…