retail
Retail trade group sees holiday sales rising 3.8% to 4.2% this year
A pedestrian carries a Macy’s Inc. shopping bag while walking past a store in New York. Idris Talib Solomon | Bloomberg | Getty Images Holiday retail sales in November and December — excluding automobiles, gasoline and restaurants — are expected to increase between 3.8% and 4.2% this year, reaching between $727.9 billion and $730.7 billion, …
TiVo says all retail DVR owners will see ads before recorded shows
There’s no mention of if or when cable providers might implement the ads, and it’s not clear if the ads will subsidize the cost of service. The early testing suggested you might see the commercials primarily on TiVo Experience 4 devices. Not surprisingly, reactions haven’t been all that positive. Users in the thread that revealed …
A Plumbing Giant Is Breaking Up. Here’s What That Means for U.S. Investors.
Text size Photograph by Samuel Sianipar Plumbing and heating firm Ferguson has been undervalued due to poor performance at its British business, but a new activist shareholder and a plan to separate operations could boost the stock. The United Kingdom–listed firm (ticker: FERG.UK) generates 90% of its sales in the U.S. In June, activist Nelson …
Gold Prices Slow Down Following Mixed Retail Sales Data
The Holdings Calculator permits you to calculate the current value of your gold and silver. Enter a number Amount in the left text field. Select Ounce, Gram or Kilogram for the weight. Select a Currency. NOTE: You must select a currency for gold first, even if you don’t enter a value for gold holdings. If …
How new translation technology is opening financial floodgates around the world
Money talks, and soon it will be easier to understand. Language barriers can hinder international commerce, but that problem is increasingly being solved by machine-based translation programs, which are becoming sophisticated enough to enable people in different countries to communicate as if they spoke the same language. Lily Chen, a sales manager with electronic-forklift company …
Forever 21 Plans to File for Bankruptcy as Many Retailers Struggle
Teen retailer Forever 21 Inc. plans to file for bankruptcy as soon as Sunday, according to people familiar with the matter, as slow sales, online rivals and changing consumer habits take a rising toll on many bricks-and-mortar chains. Retailers closed more stores from January to June—more than 7,000—than they did in all of 2018, according …
‘The neoliberal takeover of the human body’ — this highly invasive technology could make your credit cards obsolete
Aram Sinnreich recently went grocery shopping at a Whole Foods Market in his hometown of Washington, D.C., and realized he had left his wallet at home. He had no cards and no cash, but he had no reason to worry — at least, not about paying for his food. “I used my iPhone to pay, …
The role of technology incubators in retail
Nate Fleming, director of product marketing, Bamboo Rose The retail community grapples constantly with its ability to respond to market trends and customer needs as quickly and efficiently as possible. This challenge is universal to the worlds of business and technology, which means retailers should take a cue from these industries if they want to …
5 Key Technology Moves Lowe’s Is Making to Renovate Its Retail Business
Lowe’s knows it needs to modernize its retail technology in some areas to catch up to today’s consumer expectations and other retailers. To this end, the home improvement retailer has been renovating its technology, from ripping up its price management system and rolling out predictive scheduling to replatforming its website, adding mobile tools and more. …
Technology reforming India’s retail business, Technology News, ETtech
“Retail used to be about location for long, but today retail is about technology.” — Atul Jalan, chief executive officer, Manthan Systems. Technology is creating a better user experience and helping improve sales at retailers — from carmakers to departmental stores. For instance, an Indian automaker is building an augmented reality-based game for children who …
