April 07, 2023
Wage Growth Signals Pain Ahead for Main Street’s Small Businesses
For Main Street small businesses, the margin pressure will continue. Government data on the labor market released Friday (April 7) show that U.S. hiring backed off from a formerly relentless...
April 07, 2023
Only 26% of Main Street Businesses Have Access to 60...
Main Street USA is operating on the edge, and most are concerned about the impacts of inflation and the uncertain economic forecast. Most small to midsized businesses (SMBs) that...
April 06, 2023
Grocers Without Strong Online Presence Risk Losing Millennial Shoppers
While 2023 might be the “year of groceries” compared to consumers’ general pullback in eating out, that doesn’t mean the sector has had it easy. Manufacturer price hikes have put small and independent...
April 05, 2023
Barnes & Noble CEO: Store Expansion and Revamped Loyalty See...
Bookstores — remember those? — have staged something of a comeback during the pandemic years, and the question now is can that really be sustained? Driven by factors from streaming...
April 04, 2023
eGrocery Falls Flat When Startups Try to Reinvent the Wheel
From Instacart’s increased valuation to Boxed’s bankruptcy filing, online grocery is seeing major changes. While players that attempt to drive adoption of their own digital grocery stores are struggling to...
April 04, 2023
Boxed Bankruptcy Shows Cracks in Pandemic’s SPAC Funding Frenzy
It seems like a lifetime ago — SPACs were the “it” way to take companies public. And during the pandemic, eCommerce delivery businesses were the “it” business model. The disruptors,...
April 04, 2023
Solo Brands CEO Leans on In-Store Experience to Drive Customer...
The prevailing trend that has emerged from recent earnings reports is retailers’ emphasis on prioritizing core products, core customers and customer loyalty. Although not entirely new, these three elements underscore...
April 03, 2023
Walmart Revamps Its Digital Storefront With New App and Website
Walmart has unveiled redesigned versions of its app and website. “The closest store to our customers is the one in their pockets, and we’re giving that digital storefront a revamp,” the...
March 31, 2023
EV Charging Stations May Rev Up Retailers’ Basket Sizes and...
For brick-and-mortar retailers — convenience stores especially — boosting foot traffic is essential. And for some forward-thinking merchants, the way to charge sales and boost basket sizes is to offer...