January 8, 2013
The Internet continues to shake up the retail world. In the most recent PowerRanking report from Kantar Retail, Amazon gained serious ground. It picked up 9.3 points and earned fifth place as a future Power Retailer.
The report, which polls leading manufacturers about the future of retail, ranked Walmart as the biggest player over the next 15 years. Other picks in the top five: Target, Costco and Kroger. While Amazon isn’t expected to challenge Walmart for the top spot anytime soon, this change in the rankings still represents a big shift for traditional retailers.
And perhaps an even bigger challenge for brands: How exactly do you stand out at a mammoth online retailer like Amazon? tell me more
August 1, 2012
A retail giant has fallen, or well, at least slipped off the top of the winner’s podium. At the end of July, Home Textiles Today reported that Bed Bath & Beyond overtook Walmart to become the biggest seller of home textiles in the country. The specialty retailer racked up $3.74 billion in home textiles sales in 2011 compared to $3.625 for Walmart. Another notable winner. tell me more