Retail Feedback Today

By Brian Numainville | Brian Numainville and Doug Madenberg of Retail Feedback Group share retail stories/news. @thefeedbackgrp and @bnumainville

Walmart is developing a robot that identifies unhappy shoppers

Walmart is developing facial recognition technology to detect frustrated or unhappy shoppers.<p>The technology uses video cameras at store checkout lines that monitor customers' facial expressions and movements to try and identify varying levels of dissatisfaction, according to a patent filing.<p>If the …

Patents

Why the grim reaper of retail hasn't come to claim Best Buy

Five years ago Best Buy Co. looked like a retail dinosaur, another victim of e-commerce juggernaut Amazon.com and other online sellers.<p>The big-box electronics chain was suffering dwindling sales and profits due in good part to “showrooming,” when shoppers would come in to a Best Buy store to check …

eCommerce

Amazon is already selling some prepared ‘Amazon Meal Kits’

Based just on trademark filings and reported plans, Amazon’s potential entry into the prepared meal kit market has had a significant impact on freshly-IPO’d Blue Apron’s stock price. Now, however, we know that Amazon is actually already testing its own “Amazon Meal Kits,” thanks to a customer in …

Amazon

Why Best Buy Stock Is Up 31% So Far This Year -- The Motley Fool

It turns out a retailer not named Amazon can put up impressive numbers.<p>What happened<p>Shares of consumer electronics retailer <b>Best Buy</b> (NYSE:BBY) have …

Stocks

How brick-and-mortar retailers can fight Amazon’s new patent

Ask any retailer and they’ll tell you that the bane of their existence is a consumer turning to their cellphone and using Amazon to read reviews and price compare products while in-store. They hate it; I mean, wouldn’t you?<p>Imagine you were on a date and your potential suitor decided to open Tinder …

eCommerce

Why Goldman Thinks Walmart Can Hold Its Own Against Amazon

Not all brick-and-mortar retailers are withering before Amazon.com's (amzn) growing dominance.<p>Walmart (wmt) on Friday won a big vote of confidence …

eCommerce

Target Says Business Is Picking Up, Defying Doomsday Sayers

Reports of retail's death are proving to be premature.<p>Target (tgt) gave investors a nice surprise on Thursday when the discount retailer said …

eCommerce

4 Indisputable Signs Little Local Retail Is Becoming A Goliath

The biggest competitor on the retail horizon is more likely to be called David than Big Department Store, and he’s got a slingshot full of technology to help him stand his ground.<p>As major brands from Macy’s to Foot Locker wrestle with competition from Amazon, small independent merchants are gaining …

eCommerce

It's the shopping question of the moment. What's the future for retail in the U.S.?

Robert K. Futterman, founder, chairman and chief executive officer of Robert K. Futterman & Associates, and who has more than $10 billion in real estate deals under his belt, said for retailers and shopping malls to survive in the current landscape, deploying a successful digital and …

Trends

In Online Groceries, This Company Does What Even Amazon Can't: Make Money

It’s an open secret in retail that the grocery business is probably the largest market yet left untapped by online retailers. Use of online shopping in grocery is growing but it is still at a remarkably low rate, probably under 7%. Grocery stores are visited by a member of almost every household in …

Trends

Walmart is building giant towers to solve the most annoying thing about online ordering

Walmart is building giant self-service kiosks in its stores that retrieve customers' online orders.<p>The first kiosk appeared in a Walmart store in Bentonville, Arkansas, last year.<p>The company is now rolling them out to more than a dozen stores in cities including Gilbert, Arizona; Glenpool, …

Trends

A German grocery chain that's coming to America is already dominating Walmart on prices — here's why it's so cheap

The European grocery chain Lidl has arrived in the US, and bargain hunters should be excited.<p>A recent price check on a basket of 20 items by Jefferies analysts found that Lidl was about 9% cheaper than Walmart, the largest grocer in the US. Lidl claims to offer products for as much as 50% less than …

Trends

How Whole Foods Can Keep its Identity After the Amazon Deal

Amazon’s acquisition of Whole Foods for $13.7 billion merges two companies from entirely different industries. History shows that combining large …

Whole Foods

Blue Apron got Amazon'd before it even became a public company

Sorry, Blue Apron, you just got Amazon'd.<p>Just two weeks ago, the meal-prep delivery startup looked as if it would coast through the road show for its initial public offering and start public trading with a juicy valuation of about $3 billion. Then the deal-happy retail juggernaut Amazon shelled out …

Blue Apron

Kroger: The World Might Be Ending, But Not Before A Dividend Increase And A $1 Billion Share Buyback

<i>This post was written by Bob Ciura for Sure Dividend on June 23, 2017</i><p>If you were to base your investment decisions solely on the news headlines, you …

Better Buy: Costco Wholesale vs. Wal-Mart

A look at two of the biggest retailers in the country reveals a similar set of challenges facing both.<p>For decades, <b>Costco Wholesale Corporation</b> …

Amazon's grocery push playing catch up with Chinese e-commerce giants

BEIJING (Reuters) - As Amazon.com Inc (AMZN.O) looks to swallow U.S. grocery chain Whole Foods, China's tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains.<p>China's Alibaba Group …

eCommerce

eBay will match prices from Amazon and Walmart on certain items

eBay announced a new Price Match Guarantee today, ensuring many of its items will cost the same or less than those offered by other major retail competitors. It's the company's latest move in the ongoing business battle with giants like Amazon and Walmart.<p>The items eligible for price match are …

eCommerce

The Walmart Takeover: 5 Things to Know About the Retailer’s Fashion Acquisitions

What do fashion firms Shoes.com, ModCloth and Bonobos have in common?<p>Unless you’ve been living under a rock for the past few months, you probably …

eCommerce

Nordstrom? GrubHub? Warby Parker? Speculation rampant on Amazon's next purchase

Amazon.com's surprise announcement last week that it would buy Whole Foods Market for $13.7 billion sent rival grocery stocks plummeting. It also …

eCommerce

Whole Foods' CEO described his deal with Amazon as a 'dream come true,' but investors want more

When Amazon on Friday announced a $13.7 billion deal to buy Whole Foods, John Mackey, the CEO of Whole Foods, could barely contain his enthusiasm.<p>In a town hall with employees, he gushed about the impending "marriage"— a metaphor he revisited repeatedly — that was announced six weeks after a "blind …

Whole Foods

Amazon Patents Tech to Block In-Store Comparison Shopping

If you visit an Amazon Store, don't expect to be able to compare prices using your smartphone. Amazon's patent describes blocking such checks and …

Amazon

What will Whole Foods of the future, powered by Amazon, look like?

There's no greater hell than waiting in a long line at Whole Foods on a Saturday afternoon. Luckily, there could be some sweet relief coming soon.<p>Alexa to the rescue? Maybe. Amazon announced on Friday its plans to acquire the grocery store chain in a deal valued at $13.7 billion.<p>So why in the world …

eCommerce

Walmart May Beat Amazon’s Sales Growth in Back-to-School Season

Walmart's online sales is likely to grow double than Amazon.com during the back-to-school season, helped by the Jet.com acquisition and competitive …

eCommerce

Walmart is acquiring one of the hottest men's retailers for $310 million

Walmart is acquiring Bonobos, the high-end men's retailer, for $310 million in cash.<p>Bonobos generates between $100 million to $150 million in annual revenue and attracts young, urban customers with its slim-fitting pants, shirts, jackets, and suits.<p>Bonobos, founded in 2007, generates most of its …

eCommerce

Amazon is buying Whole Foods for $13.7 billion

Amazon is making a big bet on physical stores and the business of food.<p>The online retail giant announced Friday that is buying organic grocery chain Whole Foods (WFM) for $13.7 billion in cash. The deal values Whole Foods at $42 a share, 27% higher than where the stock was trading Thursday.<p>Amazon …

Amazon

How Retailers Are Using 'Coffee Shopping' To Bring Customers In The Door

“Coffee-shopping” is a trend in China that’s disrupting the traditional brick and mortar retail experience. When customers are coffee-shopping, they peruse in-stock items on a tablet, rather than on the shelves and racks of a retailer. It’s so named for the social, cafe-like, atmosphere that’s …

eCommerce

Grocery wars! Amazon and Walmart crush Kroger

Clean up in aisle 4!<p>Shares of supermarket chain Kroger plunged nearly 20% Thursday to their lowest level since October 2014 after warning that its earnings for the full year would be lower than Wall Street analysts expected. Kroger was by far the worst performer in the S&P 500.<p>Kroger (KR), which …

Trends

Amazon files oh-so-ironic patent to block people from comparing prices in its stores

Amazon has earned plenty of sales from shoppers comparing its prices to those of items on the store shelves in front of them.<p>Now the online retail giant has locked down a patent on technology to prevent people from doing just that in its own stores.<p>The system, filed under the Orwellian title …

Amazon