Industry Headlines: April 4, 2013
- Will Dollar Stores Rule the Retail World?: Dollar stores did very well when the economy was at its worst. How do they look in a post-recession world? (Time)
- Macy’s, Others Turn Stores Into Online Fulfillment Centers: Brick and mortar has new roles to fill, and some retailers are filling them. (Forbes)
- Prolonged Winter Puts Retail Sales in Deep Freeze: A chilly March makes for the slow uptake of spring fashion and goods. (CNBC)
- McDonald’s Has a Millennial Problem: Despite growing up on McDonald’s, most millenials shun the brand. Now it’s trying to play catch up. (Advertising Age)
- Westfield cleaners protest over pay: Westfield centers in Australia face union demonstrations this week. (Inside Retailing)
- Wal-Mart may use customers to deliver packages to online buyers: Checked the date on this one, but it’s apparently not a joke. (Mercury News)
- Polyester Is Back With a Vengeance: The limits of cotton may have been reached – technical fabrics have lots to explore. (Wall Street Journal)
- J.C. Penney’s home revamp is make or break for CEO Johnson: Growing pains may no longer excuse Penney’s struggles. (Reuters)
- Your Internet Shopping Sprees Are Driving an Astonishing Building Boom: Online shopping may cut into brick-and-mortar locations, but that certainly doesn’t lower the footprint much. (Wired)
- Target finds Canada’s retail scene tougher than it looks: Strong competition and tighter pocketbooks make Canada a difficult market. (Financial Post)
- Shop ‘Til You Drop: Retail Therapy Works: Interestingly, it works better for those on the lower income end of the scale. (CNBC)
- St Enoch shopping centre in Glasgow set for giant screen: An exciting opportunity for the center. (BBC)
- New Life Christian Center moves from storefront to property owner: This is intriguing – a shopping center bought out by a church, which intends to maintain existing tenants and improve value for the community. (Baltimore Sun)
- The death of cash registers: We’ve been turning toward a cashless society for a while – so is it time to give the cash register the boot? (The Telegram)
