Tag Archives: retail economy

Forbes Echos Miller Zell’s Thoughts on the Future of Retail

Over and over in this blog we have warned that retailers must focus on enhancing the in-store customer experience or risk closing their doors.  Wednesday, Forbes ran an article echoing that very argument. John Karonis and Madison Riley even went so far as to suggest that this trend started well before the recession and has only [...]

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New Markets, New Money, New Shoppers

The weakening dollar and retreating US consumers makes international markets appear much more attractive for retailers and manufacturers who were previously skeptical about launching operations overseas. The Wall Street Journal reports that Boston Consulting Group’s analysis of world wide consumer behavior supports the inclination to test international waters even in this economy.
Their survey of consumers in China [...]

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Private Label Accounts for 30% of Pantry

Ad Age’s Emily York reports that private label gains are not attributable to the recession and, in fact, private label was on the rise before the economy’s sonic boom.
However, whether the rise started before or after the crisis was declared, the fact remains that private label is infringing on the positioning of package food companies.  “When [...]

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Retail Sales Fell for the First Time in 2009

It seems ‘The Secret’ could not be applied to retail sales and despite all the positive thinking and earnest hoping for a turnaround, retail sales fell in the month of March. USA Today reports that this is the first decline of the year. Falling some 1.1%, according to the Commerce Department, the decline came as a [...]

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Dubai Retail Shifting Position – Rebranding for Bargins?

Interesting news on what’s happening in Dubai retail. The place that was branded as the epitome of luxury may have to pull back on that image considering the world economy. 
“Dubai’s transformation from desert backwater to commercial hub has attracted retailers from around the world, including Spain’s Inditex, owner of fashion chain Zara, British luxury retailer Harvey [...]

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