What 2020 Was Like for People in the Retail Industry – The New York Times:
In New York City, retail jobs make up 9 percent of private-sector employment, and many have been slow to return. At stores selling clothing and clothing accessories, employment is down more than 40 percent from a year ago, according to a recent report by the state comptroller’s office.
Bose is closing all of its retail stores in North America, Europe, Japan, and Australia – The Verge:
“Bose plans to close its entire retail store footprint in North America, Europe, Japan, and Australia. The company announced the decision earlier today and pointed to the fact that its headphones, speakers, and other products ‘are increasingly purchased through e-commerce’ as the reasoning. Hundreds of employees will be laid off as a result. “
The screenshot image below is from Dent Reality.
It seems they are working on some interesting Augmented Reality technology. Someone is going to make something that creates consumer and retailer value. If you visit their site hopefully you can see a video of the demo the screenshot was from.
Apple iPhone Privacy Changes Lead to Layoffs at Retail Tracking Startup Nomi | Re/code:
… repeat visitor information was mainly gathered by keeping track of an iPhone’s MAC address — the 12-character identifier that is broadcast when a phone is searching for nearby Wi-Fi networks. The problem for Nomi, and others in the space, is that Apple will start randomizing that number in iOS8 …
*Things change.
Wary of Holiday Forecasts, Retailers Stay Flexible:
This year, retailers say they want to be more flexible, ready to ramp up on best sellers and cut off supplies of the duds.
(Via WSJ.com: US Business)
Will air freight be the big winner this holiday season?
D.L. Damore 