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4 days ago | 
thestreet.com | Jena Warburton
One of the hardest things about finding a restaurant or snack shop you love is knowing it probably won't be around for many years. That's because the food service industry is a notoriously difficult one to operate in. It's estimated that nearly one in five restaurants will close down within the first year of operation. After five years, that estimate goes up to one in two restaurants. And it's not hard to understand why this industry is so challenging to crack.
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4 days ago | 
flipboard.com | Jena Warburton
5 hours agoWhite House fires Copyright Office leaders as controversial AI report surfacesDid a report on artificial intelligence and copyright law lead to firings at the Library of Congress?
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4 days ago | 
thestreet.com | Jena Warburton
It's a pretty difficult time to be a retailer. While many are still catching their breath from the confusion and upheaval caused by the covid pandemic, changes just keep coming. Five years ago, covid sent most of America's retailers into a panic when most stores shuttered overnight and foot traffic fell to nearly zero.
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5 days ago | 
thestreet.com | Jena Warburton
It may not seem like a very good time to be any kind of retailer right now. Malls continue to see foot traffic dwindle. Restaurants are closing at an impressive clip. And discount retailers are struggling to maintain profits. And it's pretty hard to stay afloat when you're getting pressure from both sides of the business.
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5 days ago | 
miamiherald.com | Jena Warburton
It may not seem like a very good time to be any kind of retailer right now. Malls continue to see foot traffic dwindle. Restaurants are closing at an impressive clip. And discount retailers are struggling to maintain profits. Related: Popular Mexican chain closing all restaurants, no bankruptcyAnd it's pretty hard to stay afloat when you're getting pressure from both sides of the business.
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5 days ago | 
thestreet.com | Jena Warburton
Picture, if you would, the average grocery store anywhere in the U.S.If you wandered into one this weekend and asked your fellow shoppers whether there was something else they'd rather be doing, the overwhelming answer would probably be yes. They might tell you their weekly trip to the supermarket is a slog. They'd rather be fishing, watching television, gardening, and for the people who really hate shopping -- maybe even getting a root canal.
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5 days ago | 
thestreet.com | Jena Warburton
In this increasingly multifaceted era of retail, it can be difficult for many companies to figure out their identity. Thanks to the rise of online shopping, many previously in-person legacy retailers are trying to ramp up their e-commerce capabilities. Sometimes it works. In Target's case, for example, a slow but deliberate investment in its online capabilities gave way to the successful Target Circle 360 program, its paid-membership version of Amazon Prime.
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6 days ago | 
islandpacket.com | Jena Warburton
These days, performing in the retail space can feel like an uphill battle. On the one hand, it might feel like no matter what you do, customers are never impressed. Related: Popular Mexican chain closing all restaurants, no bankruptcyAfter all, it is hard to compete with some of the largest retailers, like Amazon, Walmart, and Target. These retailers all have robust online operations; most offer same- or next-day shipping for free, plus lightning-fast and easy returns.
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1 week ago | 
thestreet.com | Jena Warburton
These days, the retail industry is pretty much unrecognizable compared to what it used to look like. Consider what the average American's shopping experience looked like a couple of decades ago. Let's say you needed to buy a few things for your annual weekend of spring cleaning. You'd probably need to visit a big box store for things like a mop, wipes, cleaning solution, and sponges.
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2 weeks ago | 
thestreet.com | Jena Warburton
There's something very unique — and very American — about walking into a drugstore. Anybody who's ever traveled abroad will tell you that our pharmaceutical retail experience is quite different from most others around the world. In Europe, for example, many drugstores are simply that. They dispense prescription drugs and a few personal essentials closely correlated to health care, like over-the-counter medications and hygiene products. European pharmacies tend to be much smaller, too.
