Click the picture to download a PDF of this story. By Jesse Carleton, jcarleton@nrha.org New Age of Pricing Adjusting prices according to supply and demand is basic economic theory, but now it’s happening faster than ever. Search for an airline ticket …
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Sears and Amazon: Retail Innovation at a Glance
For Amazon and Sears, retail innovation has not been an overnight undertaking. Long before the companies made their marks on retail history, Sears got its start along Minnesota railroad tracks. Amazon began its global ascent from Jeff Bezos’ garage in …
Read More »As Retail Wages Rise, Companies Seek Higher Efficiency With Tech
As retailers struggle to fill jobs, a new report from the Associated Press suggests some retailers are raising wages and hoping for more efficient employees. The report says retail workers have seen some of the economy’s best wage gains in …
Read More »Amazon Chooses Two Cities for Second Headquarters
After nearly a year of cities across North America vying to land Amazon HQ2, the company’s second headquarters, Amazon says it has decided to split the location between two cities. The company announced New York City and Arlington, Virginia, will …
Read More »Amazon Invests in Prefabricated Homes
Amazon recently invested in Plant Prefab, a California-based company that utilizes sustainable construction methods and materials “to build prefabricated custom single- and multifamily houses,” according to an article from CNBC. The investment was made through Amazon’s Alexa Fund, which “provides …
Read More »10 Ways to Beat Amazon at Retail
Escaping news about Amazon and its infiltration of the retail sector is impossible. It’s even likely that you or the people closest to you buy often from them and are members of their subscription service. You may overhear customers in …
Read More »Amazon May Open Up to 3,000 Brick-and-Mortar Locations
Amazon may be expanding Amazon Go, the company’s brick-and-mortar convenience store concept, to as many as 3,000 new locations by 2021, according to Bloomberg. The aggressive and costly expansion would threaten chains like 7-Eleven, quick-service sandwich shops like Subway and Panera Bread, …
Read More »Walmart, Amazon Focus on Demand for Drivers
As demand for speedy delivery continues to grow among consumers, retailers like Walmart and Amazon are looking for solutions to meet those needs. Both companies are approaching delivery in unique ways, with Walmart on the hunt for quality long-haul truck …
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