Hand bags and home furnishings. Fast fashion and face cream. Pants and pizza. How do retailers know when new product categories are going to resonate with consumers?
Are you happy now, hipsters? Instead of walking away from your fashionable fad at its peak hipness, you’ve let it linger long enough to become a consumer commodity. Not only is Urban Outfitters thriving, it’s now spawning unholy consumer electronics like this cassette-playing turntable. Read more...
Urban Outfitters has been a mediocre performer over the past year, losing a number of its customers to fast-fashion companies such as Zara and Forever 21. To make things worse, foot traffic across the industry has been declining rapidly due to a consistent shift to online shopping, an area where Urban Outfitters does not have a strong footprint. Show More Summary
General Motors unveiled its new Chevrolet Bolt at the Las Vegas Consumer Electronics Show, the auto maker’s latest electric vehicle aimed in part at making inroad’s with the brand?in California and urban areas.
Given the rapid growth of consumer spending on fast-casual dinning, the retailer stands to gain directly from this acquisition. However, indirect gains are also on the cards as Urban Outfitters can leverage the pizza outlets to improve the shopping experience and thus drive store traffic. Show More Summary
US CPI Urban Consumers Owners Equivalent Rent of Residences grew at 3.1% YoY in November. Too bad average wage growth is only 2.3% YoY. The post Simply Unaffordable! Rent CPI Grows At 3.1% YoY (Too Bad Wage Growth Is 2.3% YoY) was originally published at The Wall Street Examiner. Follow the money!
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased...Show More Summary
Companies such as Instacart, Uber and TaskRabbit may be known for their appeal to young, urban consumers, but they may soon influence older adults’ lives just as profoundly. Offering alternatives to traditional, senior-oriented services, these companies stand to transform how the older demographic gets things done.Read full article >>
The holiday season is the busiest and the most crucial time of the year for apparel retailers and Urban Outfitters is no exception. By effectively taking advantage of the seasonal increase in consumer spending triggered by the holiday gift giving, retailers can earn more than 20% of their annual revenues during the months of November and December. Show More Summary
Having had many opportunities to engage both broadly and deeply in UN projects relating to sustainable development, I am familiar with -- and am a consumer of -- the United Nation's 'Urban Age' Paradigm declaring that the world is more urban than ever before, with more than 50 percent of the world's population living in urban areas. Show More Summary
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased just 0.2 percent before seasonal adjustment. Show More Summary
Urbanisation in India is taking many twists and turns. Organised manufacturing is moving out of urban areas, while unorganised manufacturing is transitioning towards urban areas. As the fourth greatest energy consumer in the world, how...Show More Summary
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 0.2 percent before seasonal adjustment. Show More Summary
Big college clothing chain Urban Outfitters thought it’d expand and corner its big college consumer market by purchasing a pizza chain. You know, why not just get everything an undergrad wants in one place! Unfortunately, investors weren’t into it. Read more...
The investment in gastronomy comes as retailers of all stripes struggle to entice consumers to actually enter stores.
Android Wear watches are getting cellular support, starting with the LG Watch Urbane 2nd Edition LTE, but will that matter to consumers?
A logo should instantly trigger a consumer's recognition of a brand and all it represents. But there are a lot of brands out there and, consequently, a lot of logos. Just take a stroll down a busy urban street—or a scroll down your Facebook feed. Show More Summary
As tech companies race to outdo each other in the smartwatch department, consumers cannot help but be confused on which brand of device to buy. The Samsung Gear S2, LG Watch Urbane 2, and Motorola Moto 360 2 are among the smartwatches being pitted against each other.
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.2 percent in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index was essentially unchanged before seasonal adjustment. Show More Summary
Estimated electricity production from the total waste generated in Africa could reach 122.2 TWh in 2025, or more than 20 percent of the electricity consumed in 2010 at continental level (661.5TWh), according to a study that analyzed the potential of urban solid waste for Africa's electricity needs.