George Anderson Journalist Profile

Articles

Pound Sterling Recovers Against Euro & Dollar, Helped by Tariff News

4 weeks ago | fastbull.com | Warren Takunda |George Anderson

The Pound recovered against the Euro and Dollar after U.S. President Donald Trump told reporters that next week he would impose a 25% import tariff on all vehicle imports. The tariff would also apply to all vehicle components, leaving little scope for carve-outs. Trump said these tariffs were non-negotiable. The developments come ahead of the April 02 "Liberation Day" tariff announcements, which are anticipated to be the most severe of the President's two terms in office.
Gold Rises as Fears Mount Over Trump's Reciprocal Tariff Plans

4 weeks ago | fastbull.com | Warren Takunda |George Anderson

Gold prices rose on Thursday as U.S. auto tariffs ratcheted up global trade tensions ahead of an April 2 deadline for reciprocal tariffs from the world's largest economy. Spot gold was up 0.3% at $3,028.65 an ounce, as of 0650 GMT. U.S. gold futures gained 0.5% to $3,036.10. U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war.
Trump Risks Ending Years of Disinflation, Ex-Fed Vice Chair Says

4 weeks ago | fastbull.com | Warren Takunda |George Anderson

(Bloomberg) -- US President Donald Trump’s trade war risks turning powerful influences that helped ease inflation over decades in the opposite direction. “Some of the forces that helped the disinflation in the 1990s and the 1980s and the 2000s will be going into reverse,” Donald Kohn, a former vice chairman of the Federal Reserve, said on Thursday.
The Big Pepper and Brine Man

Oct 4, 2024 | theatlantic.com | George Anderson

IDID you ever think about the drama behind a jar of pickled peppers?Nothing, of course, is further from my purpose than to suggest that you are an addict. On second thought, I realize now that there is no special reason why you should have reflected upon pickled peppers at all. With your permission, however, I believe it can be demonstrated that mine was no flippant query.
Walmart Was A More Essential Retailer Than Target In Q2

Aug 21, 2023 | forbes.com | George Anderson

Walmart WMT is coming off a second quarter where its U.S. same-store sales, excluding fuel, grew 6.4 percent year-over-year. Target TGT , on the other hand, saw its same-store sales fall 5.4 percent. What did Walmart go right and where did Target go wrong? Most of the answer, in a word, is spelled G-R-O-C-E-R-Y. Walmart said its grocery dollar and unit volume grew in the high single digits in the second quarter. Health and beauty products were up in the high double digits.
Target’s Drive Up service has a latte going for it

Aug 16, 2023 | linkedin.com | George Anderson

The following article was previously published on Forbes.com. Target’s Drive Up service has been the star of the retailer’s same-day services growth. It’s likely to get an espresso-strength shot of momentum soon as Target rolls out a new service where customers add drinks and food from Starbucks to their Drive Up orders and have them walked out to their vehicles. The retailer said the Starbucks service will be available at more than 1,700 stores by October.
Do remodeled Amazon grocery stores give off a fresh or stale vibe?

Aug 10, 2023 | linkedin.com | George Anderson

The following article previously appeared on Forbes.com. It has been modified here. Amazon.com CEO Andy Jassy said in February that the company would not open any more Amazon Fresh stores until it came up with a concept that resonated with consumers and produced financial results that justified expansion. Two newly remodeled stores in the suburbs of Chicago seem unlikely to change Jassy’s mind about lifting the freeze any time soon.
Target’s New Starbucks’ Drive Up Service Has A Latte Going For It

Aug 9, 2023 | forbes.com | George Anderson

Target’s TGT Drive Up service has been the star of the retailer’s same-day services growth. It’s likely to get an espresso-strength shot of momentum soon as Target rolls out a new service where customers add drinks and food from Starbucks SBUX to their Drive Up orders and have them walked out to their vehicles. The retailer said the Starbucks service will be available at more than 1,700 stores by October. Target said it is the first retailer to make an offer like this available at scale.
Amazon CEO To Wait And See If Store Remodels Produce Desired Results

Aug 4, 2023 | forbes.com | George Anderson

Amazon AMZN CEO Andy Jassy said in February that the company would not open any more Amazon Fresh stores until it came up with a concept that resonated with consumers and produced financial results that justified expansion. Two newly remodeled stores in the suburbs of Chicago seem unlikely to change Jassy’s mind about lifting the freeze any time soon. The stores in Schaumburg and Oak Lawn, Ill., broadly include tweaks that are standard offers at many grocery competitors.
Bed Bath & Beyond Is A ‘Yes’ On Personalization And ‘Maybe’ On Stores

Aug 3, 2023 | forbes.com | George Anderson

Overstock.com has officially rebranded as BedBathandBeyond.com. CEO Jonathan Johnson discussed what it will mean for consumers and product vendors. George Anderson: You once told me you would be at 22 or 23 percent margins come hell or high water because of your dropshipping fulfillment model. Will that hold with your new categories in Bed Bath and Beyond? Jonathan Johnson, CEO, Overstock: We've added over 600,000 new SKUs, all on the dropship model.