June 14, 2016

June 14, 2016

5 Headlines You May Have Missed

15, the increased percentage over previous generations of income spent by Millennials on experiences, giving destination stores that offer customers a good time an advantage in the tenuous future of brick and mortar shopping. http://www.retailingtoday.com/article/good-news-premium-malls-lifestyle-centers?tp=i-H55-Q5Q-vH-jtG4-1x-IJI-1c-Dtn-jt3X-2IVhMG&utm_campaign=Daily&utm_source=Experian&utm_medium=email&cid=3551&mid=10937176#

13.5 million, the first quarter net loss reported by home furnishings retailer Restoration Hardware Holdings Inc. http://www.retailingtoday.com/article/restoration-hardware-misses-street-tough-q1?tp=i-H55-Q5Q-vH-jtG4-1x-IJI-1c-Dth-jt3X-QDWDT&utm_campaign=Daily&utm_source=Experian&utm_medium=email&cid=3551&mid=10937176

20, the percentage that first-line retail supervisors earn over other workers, making retail management jobs (especially at big box stores) a good replacement for disappearing manufacturing jobs. http://bizbeatblog.dallasnews.com/2016/06/do-you-make-more-than-a-wal-mart-manager-study-shows-not-all-retail-jobs-are-a-dead-end.html/

10, the number of years in a row that Ace Hardware has claimed the ztop prize for the most satisfied shoppers among home improvement chains, according to a new J.D. Power study. http://www.chicagotribune.com/business/ct-jdpower-home-improvement-0609-biz-20160608-story.html

30, the number of images per second that drones can capture, making it easier to flag misplaced inventory items in warehouses and the main reason Walmart is testing drones in their distribution centers. http://www.hardwareretailing.com/wal-mart-tests-drones-to-manage-inventory/

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