Around the Web: The Army Against Amazon, Craftsmanship Over China, the Department Store Facelift

Print Friendly, PDF & Email

Amazon fulfillment

This week, the web demonstrated Amazon’s market strength, explored why craftmanship wins and offered deparment stores new methods for survival.

What’s digital, enormous and eating department stores alive? Amazon. Since 2006, Amazon has dominated traditional brick-and-mortar retailers with its aggressive disruption and combined market value of $355.9 billion, which is more than Best Buy, J.C. Penney, Kohl’s, Macy’s, Nordstrom, Sears and Target combined. (Visual Capitalist)

Related on SJ: Amazon Launches Instant Pickup, Lands in Trump Crosshairs

Craftsmanship comes before cost. Despite retail’s uncertainty and Asia’s lower production costs, luxury companies are still turning to historic towns, like Ubrique in Spain, for their leather manufacturing operations. (BBC)

Related on SJ: Deloitte: In Luxury, LVMH Still Rules the Space

Amazon is gaining momentum in the online fashion space and other e-tailers can’t keep up. This push to beat the e-commerce juggernaut has prompted other major players, including Asos and Zalando, to invest millions in new warehouses and other business expansion efforts. (Bloomberg)

Related on SJ: Asos Readies US Growth with $40M Warehouse Facility

The demise of Sears has been a cautionary tale for other iconic retailers. Once the top store for Americans, Sears’ failure to adapt over the years coupled with poor investment decisions has resulted in rampant store closures and a future that very likely involves bankruptcy. (Sears)

Related on SJ: Sears: 43 More Stores Must Go

Department stores may be struggling, but experts say to survive, these retailers must sell products consumers can’t find anywhere else, minimize brick-and-mortar locations, ditch discounting and pursue the concession model. (The Business of Fashion)

Related on SJ: Macy’s CEO Says Store’s Entire Marketing Machine Needs “Re-Engineering”

Traditional retail jobs may be on the decline, but e-commerce careers are on the rise. Thanks to major players, like Amazon, people across the U.S. are turning to online fulfillment centers for their next professional journeys. (The Boston Globe)

Related on SJ: Just How Much Time and Money Are Amazon’s Endless Fulfillment Centers Saving? 

Athleisure is the new luxury for China. The nation’s millennial consumers keep snapping up apparel in this category, which is undergoing major diversification and becoming more of a lifestyle concept. (Jing Daily)

Related on SJ: Despite Retail Headlines, Athleisure Category Remains Strong

Despite President Trump touting “Made in America’s” importance, many blue collar workers are surprisingly quitting their jobs and turning to other industries, like e-commerce, to further their career ambitions. (The Washington Post)

Related on SJ: Has Protectionism Made Sourcing in America Great Again?


Recent News

Financial Roundup: Abercrombie Comps up on Hollister; Gap Rides Athleta, Old Navy to Sales Gains

Abercrombie & Fitch continues to rely on Hollister gains, while positioning the Abercrombie brand for similar success. Gap sales up on Athleta, Old Navy performance.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more

“Uncertainty” Over Trump Policies Makes Frenemies of Importers, Domestic Producers

The domestic textile industry and apparel importers have often been on opposite sides of U.S. trade issues, but in today’s political climate they seem to have found some common ground.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more

Lord & Taylor Teaming With Walmart, a Desperate Last Gasp or a Brilliant Move Toward the Future?

While everyone’s been focused on the "retail apocalypse," the real story to emerge from 2017 might be the strange bedfellows that have emerged as everyone tries to plot a course forward. The recent partnership between Walmart and Lord & Taylor is the latest to get people talking.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more