The International Trade Commission forecasts that the United States-Mexico-Canada Agreement would have a moderately positive impact on the US economy, but it holds potential disruptions for supply chains, writes Rajesh Kalidindi. Supply chain professionals "must prepare to face additional pressures to ensure supply lines and negotiate new savings in the supply chain," he writes.
Window shopping has moved from the malls to online, and innovative retailers are utilizing visual search technologies to make it easier for consumers to find and purchase their products, writes Inbal Lavi. To ensure success, Lavi urges marketers to make sure images can be easily displayed online, file names and URLs include keywords and product descriptions are included with images.
Sears Holdings has filed a lawsuit against Edward Lampert, hedge fund ESL Investments and others including former ESL executive and current Treasury Secretary Steven Mnuchin. The suit alleges that Lampert and the others named gained about $2 billion through the sales of key assets, including Sears Hometown Outlet and Lands' End, while Sears' losses deepened and ultimately led to its bankruptcy filing.
Mozilla has modified its Project Things to release internet of things platform WebThings, which allows users to privately log data from their smart home devices and to visualize that information with interactive graphs. Mozilla WebThings combines WebThings Gateway, a privacy distribution for smart home gateways, and WebThings Framework, a reusable software components library.
Women have played key roles in the conception, construction and launch of the Shops and Restaurants at Hudson Yards, New York City's newest luxury mall. "The fact that I get out of the subway, look up to see where I am, and see towers that we designed? That my kids can point to the buildings and say, 'My mom made that' -- it's always a thrill," Marianne Kwok, senior architect and design director, says.
Conagra's plans for new frozen food items and snacks topped this week's most-clicked list among SmartBrief readers. Danone's sale of Earthbound Farm and Walmart's plans to renovate 500 stores this year also resonated with readers.
Building relationships with power-holders and influencers can help you develop the "radar" needed to navigate office politics, writes Bonnie Marcus. "This radar system comes from the knowledge that can only be obtained from the inner circles within the workplace that both influence and make the rules of the game," she notes.
Schlotzsky's has renovated 40 of its restaurants with the new Schlotzsky's Austin Eateries format and will complete the process at the remaining 337 units by the end of the year, President Kelly Roddy said. Changing over to the more upscale design, which also features a new menu, has fueled an average sales increase of 9%.
The beauty category generates about one-third of duty-free sales, according to NPD Group, and brands including L'Oreal and the Shiseido Group have seen travel retail sales grow in recent years. Shiseido is courting travelers with Nars Lip Gallery popups in airports in Thailand, Japan and China, which feature free beauty demonstrations and augmented reality capabilities.
Women in the US are buying more jeans, and more than half their denim purchases are discounted, according to a report from NPD Group. Fit was a factor as consumers purchased about 80% of their jeans in stores last year, but online purchases also grew 32%, the report found.
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