KHD Buzz – More than Half of Retail Businesses ‘Struggling’, Amazon’s Bus Pick Up Plans, China’s Retail Revolution and More
Report: More Than Half of US Retail Businesses ‘Just Surviving’
According to a new report released by accounting firm BDO more than half of US retailers are operating their businesses in ‘survival mode’ as 2019 begins, and that is hampering their prospects for growth or innovation. Read More.
A Look at China’s ‘New Retail’ Revolution
Alibaba’s Jack Ma was the person who coined the term ‘New Retail’ to describe the offline/online hybrid stores that his company is operating in China. The concept is fascinating- as this article reveals – and includes everything from using an app to shop in a physical store to grocery carts that follow you around (supposedly). But how much of this can we expect to be adopted in the West, now that Amazon and Ma’s AliExpress are increasingly direct competitors? Read More
Charlotte Russe File for Chapter 11 Bankruptcy Protection
Last week saw another big retailer head into Chapter 11 bankruptcy as fashion chain Charlotte Russe made the move and announced a plan to close 94 stores and perhaps head into full liquidation if no buyer can be found. Read More
Amazon Granted Patent for ‘Bus Package Pick Up’
Amazon has been granted a very interesting patent, one that seems to indicate they will be expanding their pick up services to include buses as it reads, in part “A user may then choose to have items delivered to a mobile pickup location on the vehicle which the user takes every day traveling from the office to home, or which stops at a bus stop, station or other location that is convenient for the user.” Read MoreKoehler Home Decor is a wholesaler of home decor accessories and unique gifts. Source quality wholesale merchandise at KoehlerHomeDecor.com and find tips for promoting your business on our blog.