The company blames rampant retail theft for the store closings. A 2014 California law classified shoplifting < $950 as a misdemeanor, possibly leading to fewer reports and less enforcement. Critics say they’re just using shoplifting as convenient cover for stores […]
I think this was only a matter of time. Redundant logistics networks are really expensive. “The Home Depot is the first retail client of Walmart GoLocal, which uses Walmart’s expansive network to deliver products for businesses of all sizes.” | learn more
You know that problem that’s cascading throughout the country? Yeah, the supply chain problem. The port’s cranes aren’t the bottleneck; it’s container storage. | learn more
I’m surprised by this for two reasons. First, I’m surprised that layaway remained an option until now. Second, I’m surprised that Walmart is leaving it to Affirm to provide credit to customers. I remember underestimating them when they were starting […]
Retail is a tough business as competition is always just around the corner. There’s not a ton of strategic or market detail in this article. Instead, there’s entertaining and unfounded speculation from a “founder in the direct-to-consumer space” that Apple’s […]
“We have more pot in [Canada] than we can possibly sell. Producers today are sitting on a massive, and predictable, oversupply that is slowly becoming worthless—and that’s going to cost a lot of companies a lot of money.” | learn more
“Amazon has told its delivery partners to stop screening applicants for marijuana use, according to Bloomberg. Amazon said screening for marijuana reduces the number of job applicants by 30%. The company said eliminating the requirement increases applications by 400%.” | learn more
This is a very interesting analysis answering the question: Why is expensive housing such a lucrative investment? “Most Americans (66% of American households) are in the business of owning and leasing residential real estate. It just so happens that they […]
Copycat versions of popular products are a mainstay of the retail world. It’s not common to see brands fight back against giants to defend their intellectual property. | learn more
“By all appearances, Great Jones was a startup success story. Launched by the childhood friends Sierra Tishgart and Maddy Moelis in 2018, the direct-to-consumer kitchenware line positioned itself as a hipper, more affordable update to legacy brands such as Le […]