Ford’s announcement that it will invest $3 billion in Mexico confirms the recent rebound of the country’s auto sector. Sharp U.S. economic slowdown may have a significant negative impact in the sector, hitting exports. However, these are slowly becoming more geographically diversified, and domestic markets will remain relatively sturdy. According to the Economy Ministry, Mexico […] ↓ Read the rest of this entry…
A record number of retailers–85%–say that they’ve been victims of organized retail crime in the past 12 months. That’s up 6% since 2007. Is this a Jean Valjean effect? In other words, is the tough economy driving shoplifting and organized retail theft? Or is this the result of increased accessibility of online resale markets and […] ↓ Read the rest of this entry…
Everyone loves a good discount. And it comes in as an incentive especially during times of inflation. For apparel discount retailers, inflation has proved to be a blessing. Arvind’s branded discount retail chain Megamart has seen an improvement in walk-ins of 15% in the past few weeks. “During inflation, customers always prefer to shop in […] ↓ Read the rest of this entry…
As we step into a new year, we are also entering a new era of business and economic environment. A new era calls for fresh thinking, exploring new scenarios and new solutions. Whether it is through deficit-financed tax cuts that will put more money in the pocket of consumers, or through vouchers that encourage people to spend immediately, we have to explore ways and means to further boost private consumption.
This article discusses the benefits of e-commerce as a retail option in a recessionary economy, and lists effective strategies when adopting an online medium that could result in growth for a retailer.
The UK continues to lead the world as the most international retail market, as Europe maintains its ability to attract the world’s top retailers, according to new research.
The first two stores opened in Atlanta on June 22, 1979. Over the next three decades the company grew into the nation’s second-biggest retailer behind Walmart.
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