Posts filtered by tags: Mary Hanbury[x]


 

Toymakers are focusing on selling soft, squishy toys this holiday season because space in storage containers is so limited

A cargo ship. Associated Press Companies are dealing with the limited space in shipping containers and their increased costs. Toymakers are pivoting to selling small, squishy toys so they can fit more on board, CNN reported. They predict fewer big toys available in stores this year. The limited space on shipping containers and increased price of using them has led toymakers to focus on shipping soft, squishy toys this holiday season, CNN reported.Jay Foreman, the chief executive of toymake...
Tags: News, Trends, Supply Chain, Bloomberg, Economy, Cnn, News UK, Retail, Shipping Containers, MGA, Shipping Container, Eyal Levy, Isaac Larian, Cargo Ship, Jay Foreman, Kantar Consulting


Uber Freight boss says 'we're living in shipping Armageddon,' and it's going to take the entire industry to fix it

Containers stacked up at the Port of Los Angeles. AP Photo/Jae C. Hong Uber Freight chief Lior Ron told CNBC that we've reached "shipping Armageddon." Ron said it would require the entire industry to fix the crisis - there's no one single cure, he said. Better wages may help to attract truckers turned off by the long-haul driving lifestyle, he said. Uber's logistics boss says the "entire industry" must pull together if it wants to fix the shipping crisis.In an interview with C...
Tags: Home Depot, White House, Trends, Port Of Los Angeles, Cnbc, Ron, Jim Cramer, Lior Ron, Mary Hanbury, AP Photo Jae C Hong Uber Freight


Ikea says product shortages will last well into the summer of 2022

Prepare for ongoing delays and shortages at Ikea. Robert Michael/picture alliance via Getty Images Ikea said supply chain problems continue to cause delays and shortages at its stores. These shortages would likely last well into 2022, the CEO of its parent company told the FT. Experts also say that the supply chain shows no sign of recovery. Swedish flatpack giant Ikea is expecting product shortages and delays to last well into the summer of 2022.In an interview with the Financial Times, ...
Tags: News, Shopping, Trends, Supply Chain, Furniture, Ikea, Retail, Robert Michael, Inter IKEA, Kantar Consulting, Mary Hanbury, Getty Images Ikea, Dave Marcotte, Financial Times Abrahamsson


Wendy's launches new 'hot and crispy' fries, and customers can get a free replacement if they aren't satisfied

Wendy's new fries that promise to stay hot and crispy longer. Wendy's Wendy's rolled out its new "Hot and Crispy" fries on Wednesday. Anyone who isn't satisfied can replace them for free. That applies to in-store, drive-thru, or app orders. The new recipe has been four years in the making. Wendy's launched its new "Hot and Crispy Fries" on Wednesday, a reworked version of its classic fries, and if customers don't think their serving is hot or crispy enough they ca...
Tags: Twitter, US, Trends, Cnn, Wendy, McDonald, Yahoo Finance, Kurt Kane, Mary Hanbury, Carl Loredo


Coach says it will stop destroying 'unsaleable' handbags after a viral TikTok revealed demolished merchandise discovered in a dumpster

Coach handbags. AP Photo/Mark Lennihan Coach said it will no longer destroy "unsalable" handbags after a TikTok video criticized the practice. The viral video showed several slashed Coach bags that were found in a dumpster outside a mall. Coach denied that it destroys bags that are in usable condition or that can be donated. Coach said it will stop destroying "damaged and unsaleable" bags after a viral TikTok video accused the company of slashing handbags and throwing them in a dumpster ...
Tags: London, News, Instagram, Trends, Luxury, Bags, Retail, Burberry, Dallas, Apparel, Coach, Handbag, Environmental Issues, Mary Hanbury, Anna Sacks, AP Photo Mark Lennihan Coach


Retailers struggle to hire warehouse workers ahead of the holidays, with brutal hours and poor working conditions taking their toll, a report says

Warehouse workers are in high demand. Scott Olson/Getty Images Retailers are scrambling to fill warehouse jobs as holiday season approaches. Workers have been put off by brutal hours and poor working conditions, per a Washington Post report. Perks and incentives, such as college tuition fees and sign-on bonuses, aren't luring people. Hiring warehouse workers in the US is becoming a near-impossible task, with incentives such as free college tuition, sign-on bonuses, and PlayStation pri...
Tags: Amazon, Post, News, Washington Post, Washington, US, Trends, Walmart, David, New York Times, Retail, Times, The Washington Post, Signal, Aeropostale, The Post


Walmart will extend night-time working hours to help ease the supply chain and shipping crisis, the White House says

Walmart is extending working hours. Suzanne Kreiter/The Boston Globe via Getty Images Walmart has pledged to extend its night-time working hours to help ease supply chain woes. The extended hours will help move more cargo from shipping docks to free up capacity, the White House said. The Walmart news comes ahead of a summit called by Biden to address the supply chain crisis. Walmart plans to work extra hours overnight to ease supply chain issues, the White House said.It's part of a com...
Tags: Transportation, Home Depot, News, White House, US, Trends, Supply Chain, Walmart, Joe Biden, Economy, UPS, Shipping, Port Of Los Angeles, Retail, Biden, Financial Times


Nearly 80,000 shipping containers are piled high in the Port of Savannah, a report says, as the supply chain crisis shows no sign of stopping

Ports around the world are overwhelmed. Getty Images/Sasin Tipchai The Port of Savannah is overwhelmed with shipping containers as the supply chain crisis continues. There are nearly 80,000 containers stacked up on the docks, The New York Times reported. The head of the Georgia Ports Authority said some ships were waiting for nine days before getting a slot. The Port of Savannah, like other ports around the US, is approaching crisis point, according to a report by The New York Times.It ha...
Tags: US, Trends, New York Times, The Times, Times, Savannah, Georgia Ports Authority, Griff Lynch, Kantar Consulting, Mary Hanbury, Dave Marcotte, Grace Kay


Expect 'weeping children' this holiday season, a retail expert says, as supply chain issues make it harder to buy the most popular toys

A global supply chain crisis is putting the holiday shopping season at risk. Shoshy Ciment/Business Insider Supply chain issues are making it hard for retailers to secure stock for the holiday season. One expert said retailers will struggle to secure in-demand items, such as toys. "There will definitely be weeping children this holiday season," they told the FT. Supply chain experts have warned that people should shop early or prepare for disappointment this holiday season, particularly fo...
Tags: Holiday Shopping, Toys, News, Shopping, China, Trends, Supply Chain, Bloomberg, Economy, Retail, Holiday Season, Financial Times, AlixPartners, Isaac Larian, Larian, Joel Bines


Why discount stores can survive when the supply chain falls apart

Discount retailer Dollar General could be less vulnerable to supply chain pressures because of its business model. Erin Scott/Reuters Discount chains such as Lidl or Dollar General have more flexibility to manage supply chain issues. These stores stock fewer items and carry more own-brand goods. This means fewer products to keep in stock and more flexibility to switch manufacturers. See more stories on Insider's business page. The global supply chain network is on its knees and retaile...
Tags: Asia, UK, News, Trends, Supply Chain, Walmart, Aldi, Analysis, Ireland, Retail, Lidl, Costco, Kirkland, Reuters Discount, Marcotte, Dollar Tree


Sam's Club is banking on shoppers desperate need to throw big holiday bashes by doubling Thanksgiving portions

Sam's Club holiday gift display Sam's Club Sam's Club expects holiday shopping to soar this year as members host big events again. The company will double portions for Thanksgiving food items and offer twice as many sales events. Sam's Club reported record high membership counts in August 2021. Sam's Club is expecting to enjoy substantial holiday sales this fall, topping off its record year for member growth.Tony Rogers, the company's chief member officer, told repo...
Tags: Holiday Shopping, News, Thanksgiving, Holidays, New York City, Christmas, Trends, Walmart, Sam s Club, Retail, Club, Sam, Centers For Disease Control And Prevention, Rogers, Doug McMillon, Tony Rogers


12-packs of Coca-Cola are up by as much as $1.50 at Family Dollar and bags of Lay's potato chips cost $0.50 more at Dollar General, an analyst found, as inflation hits weekly shops

Dollar stores raise prices. Jim Young/Reuters Prices are creeping up at dollar stores as inflation soars. An analyst highlighted price increases at certain Dollar General and Family Dollar stores in the US. A 12-pack of Coca-Cola cost $1.50 more at some Family Dollar stores versus the year before, the analyst found. See more stories on Insider's business page. Inflation has hit dollar stores, sending prices of a Coca-Cola 12-pack up by as much as $1.50, according to an analyst.Price ch...
Tags: New York Post, US, Trends, Walmart, Pepsico, Coca Cola, Southwest, Northeast, Frito Lay, Grom, Gordon Haskett, Vasos, Todd Vasos, Chuck Grom, Mary Hanbury, Jim Young Reuters Prices


People are stocking up on frozen turkeys, with one discount chain selling 1,500 a day, a report says

UK shoppers are prepping for Christmas lunch already. Maren Caruso/Getty Images UK shoppers are stocking up on frozen turkeys and Christmas puddings at discount chain Aldi. Shoppers are likely buying these key items in advance to avoid missing out later on in the year. Ongoing supply chain issues in both the UK and US mean retailers and restaurants have product shortages. See more stories on Insider's business page. UK shoppers are stocking up on frozen turkeys weeks in advance amid fe...
Tags: New York Post, UK, News, Shopping, Groceries, Christmas, US, Trends, Supply Chain, Aldi, Retail, Holiday Season, McDonald, Nando, Shady Brook Farms, Mary Hanbury


How China's most mysterious billion-dollar company, Shein, won over US teens and became TikTok's most-hyped fashion brand

Shein has become a huge hit with young fashion lovers. Instagram/Shein Shein is now the largest online-only fashion company in the world, according to Euromonitor. The brand undercuts rivals on price and often adds thousands of new styles to its website daily. It uses aggressive social media marketing to win over young shoppers. See more stories on Insider's business page. Chinese fast-fashion retailer Shein overtook Amazon this year to become the most downloaded shopping app in th...
Tags: Amazon, UK, Instagram, US, Trends, Spain, Bloomberg, Katy Perry, Euromonitor, Zara, Vox, Asos, Reuters, Boohoo, Buddhist, Guangzhou


Wealthy teens are ruining thrifting for the rest of Gen Z

Gen Z is leading a thrifting boom. RUSS ROHDE/Getty Images Thrifting is thriving thanks to Gen Zers on the hunt for sustainable, Y2K clothes. But wealthy Gen Zers who thrift - but don't need to - are sending prices up and inventory down. The secondhand clothing market is set to grow as Gen Z revels in nostalgia. See more stories on Insider's business page. Thrifting is booming thanks to Gen Zers in search of sustainable, stylish clothes."I've kind of stopped buying clothes from...
Tags: Trends, Vogue, Jefferies, Nguyen, GlobalData, Gen Zers, Snelling, Hillary Hoffower, Axios, Avery Hartmans, Terry Nguyen, Swidenbank, Depop, Mary Hanbury, Emily Farra, Gen Zer Grace Snelling


Brace yourself for a less exciting, more expensive holiday shopping season because of the supply chain crisis, experts say

Black Friday scenes. NurPhoto/Getty Images A global supply chain crisis is putting the holiday shopping season at risk. Retailers are scrambling to get products and some are resorting to stocking last season's items. Experts say we'll have less to choose from this holiday season, and may have to pay more. See more stories on Insider's business page. Brace yourself for a less exciting, more expensive holiday shopping season. As retailers scramble to keep shelves stocked amid a g...
Tags: Asia, China, US, Los Angeles, Trends, Bloomberg, Cnn, Hasbro, Mattel, MGA, Maglan Capital, Isaac Larian, Larian, Academy Sports, Ken Hicks, Mary Hanbury


New York couple ditch their $15,000 wedding and splash out on four honeymoons instead

The couple traveled to Hawaii and three other destinations. Kent Nishimura / Los Angeles Times via Getty Images A couple said they decided to scrap plans for a $15,000 wedding and have four honeymoons instead. New Yorker Yulia Thomas explained the decision in a TikTok video. Newsweek first reported the story of Thomas' video, which has garnered over 2 million views. See more stories on Insider's business page. A woman from New York said she and her partner decided to scrap their ...
Tags: New York, News, Life, New York City, Lifestyle, Trends, Hawaii, Morocco, Wedding, Thomas, Bride, Newsweek, GROOM, Honeymoon Destinations, Honeymoons, Wedding Budget


Some Walmart shoppers have accused the retailer of 'killing Christmas' after it replaced layaway with a buy-now-pay-later service that not everybody can use

Walmart scrapped its layaway service. Joe Raedle/Getty Images Walmart scrapped its layaway program before the 2021 holiday season. Shoppers should now use its "buy-now-pay-later" service that's handled by Affirm, it said. Some customers are furious, and say they could end up paying extra for holiday shopping. See more stories on Insider's business page. Some Walmart shoppers are up in arms over the retail giant's decision to abandon its layaway program before the 2021 holiday ...
Tags: Trends, Walmart, Saunders, GlobalData Retail, Mary Hanbury, Joe Raedle Getty Images Walmart, Walmart Neil Saunders


Why Dollar Tree raising prices above $1 isn't necessarily all bad news for shoppers

Dollar Tree is breaking its $1 promise. Rick Wilking/Reuters Dollar Tree's decision to raise some prices above $1 isn't necessarily all bad news for shoppers. It can now offer more variety and better-quality items while keeping prices low, analysts say. Price increases are inevitable at dollar stores, and Dollar Tree is still cheaper than competitors, they say. See more stories on Insider's business page. Dollar Tree is about to get more expensive - but that's not necessar...
Tags: News, Shopping, Value, Trends, Analysis, Ubs, Retail, Inflation, Rick Wilking, Dollar Tree, Neil Saunders, Dollar Stores, GlobalData Retail, Mary Hanbury, Reuters Dollar Tree


Rihanna's $1 billion Savage X Fenty lingerie brand plans to open physical stores in the US in 2022, putting it head-to-head with the rebranded Victoria's Secret

Savage X Fenty was valued at $1 billion in early 2021. Kevin Mazur/Getty Images for Savage X Fenty Rihanna's Savage X Fenty is opening stores in the US in 2022. The brand has made been praised for its attention to size, race, and gender inclusivity. The stores would put it in more direct competition with Victoria's Secret, which is in the midst of a major rebrand. See more stories on Insider's business page. Rihanna's billion-dollar underwear brand, Savage X Fenty, will ope...
Tags: Europe, Rihanna, US, Trends, Bloomberg, Canada, Victoria, Kevin Mazur Getty, Fenty, Pendarvis, Savage X Fenty, Mary Hanbury, Fenty Rihanna, Christiane Pendarvis


The dollar store is officially dead

Dollar stores traditionally sold all items for $1 or less. Mario Anzuoni / Reuters and Jim Young / Reuters Dollar Tree said Tuesday that it's adding $1.25 and $1.50 price points at some stores. Until then it was the last big dollar store chain to stick to a $1 price cap. The news signals the death of the traditional dollar store concept in the US. See more stories on Insider's business page. Dollar Tree, the last of the big dollar store chains to sell items for $1 or less, announce...
Tags: News, Shopping, US, Trends, Retail, Nashville, West Coast, Louisville, Discount, Gary, Starboard, Mario Anzuoni Reuters, Dollar Tree, Family Dollar, Dollar General, Dollar Stores


Vermont ski resorts struggling in the labor shortage ask full-time accounting staff to fit ski boots and serve soup

Ski resorts are struggling to find staff for the winter season. George Rose/Getty Images Vermont ski resorts are struggling to find staff during the labor shortage. Some accounting staff are being retrained, for example to fit ski boots or serve in cafeterias. "You go to job fairs in town, and two or three people show up," the president of two resorts said. See more stories on Insider's business page. Vermont ski resorts are bracing themselves for a tricky winter season on account of w...
Tags: News, US, Trends, Workers, Part-time Workers, Retail, Ski Resorts, Vermont, Killington, Vermont Ski Areas Association, Labor Shortage, Molly Mahar, Mary Hanbury, George Rose Getty, VPR, Mike Solimano


Dollar Tree, known for its $1 deals, is raising prices to cope with rising shipping costs and inflation

Dollar Tree has historically only sold items at $1 and below. Mario Anzuoni/Reuters Dollar Tree is raising some prices above $1 in certain stores. It's also bringing its range of $3 and $5 products to more locations. The chain has been hit hard by rising shipping and labor costs, which are squeezing profit margins. See more stories on Insider's business page. Dollar Tree said Tuesday that it was raising prices above $1 in some of its stores.In its statement, it didn't say what...
Tags: US, Trends, Stores, Dollar Tree, Mary Hanbury, Witynski, Michael Witynski, Mario Anzuoni Reuters Dollar Tree


Costco is renting 3 container ships and 'several thousand containers' to shield itself from supply chain delays and rising costs

Costco is looking to protect itself against rising freight costs. Noam Galai/Getty Images Costco is renting its own container ships to import products from Asia to the US and Canada. It wants to sidestep the global shipping crisis and shield itself from shortages and rising costs. It's also renting "several thousand" containers, Costco CFO Richard Galanti said. See more stories on Insider's business page. Costco has joined Home Depot in renting its own container ships to prevent de...
Tags: Transportation, Home Depot, Asia, News, Shopping, US, Trends, Supply Chain, Canada, Shipping, Retail, Grocery, Costco, Noam Galai, Richard Galanti, Galanti


Costco confirms it's limiting toilet paper and water purchases, as customers start to stockpile amid the spread of the Delta variant

Costco has reinstated purchase limits on toilet paper. Robert Nickelsberg/Getty Images Costco is limiting the amount of toilet paper and water customers can buy in its stores. Demand for these items is soaring as customers stock up amid the spread of the Delta variant. Customers have been complaining about product shortages at Costco on Twitter for several weeks. See more stories on Insider's business page. Costco's purchase limits on key items are back. The warehouse chain confirm...
Tags: US, Trends, Delta, Nevada, Costco, Kirkland, Richard Galanti, Galanti, Mary Hanbury, Robert Nickelsberg Getty Images Costco


Chick-Fil-A removed from plans for an upcoming Kansas City airport wing after opposition from LGBTQ commission

People walk past Chick-fil-A in New York City. Alexi Rosenfeld/Getty Images Chick-Fil-A was cut from a list of restaurants proposed for Kansas City's planned airport terminal. The news comes after the city's LGBTQ commission urged the city council to act. Chick-Fil-A has previously donated to charities known for opposing LGBTQ rights. See more stories on Insider's business page. Plans to open a Chick-Fil-A store at an upcoming wing of Kansas City International Airport have been...
Tags: Trends, Fox News, Lgbtq, Kansas City, Chick Fil A, Salvation Army, Cathy, Chick Fil, Kansas City International Airport, Kate Taylor, Dan Cathy, KSHB, KCUR, Kansas City Council, NCF, Fox News Insider


Amazon's planned department stores could have robots, QR codes, and touchscreens in futuristic dressing rooms, a report says

Amazon already runs physical stores, including its 4-star stores, and plans to open department-store-style shops in 2022, The Wall Street Journal reported. Associated Press Sources told The Wall Street Journal that Amazon's planned department stores could have robots and QR codes. Dressing rooms could have touchscreens for customers requesting more clothes, the sources said. Amazon will sell both own-label clothes and external brands in the stores, The Journal reported. See more storie...
Tags: Amazon, California, US, Trends, Walmart, Ohio, Wall Street Journal, Journal, The Journal, Hayley Peterson, Mary Hanbury, Kate Duffy, Journal Shoppers, Amazon Go Critics


These top Depop sellers make as much as $10,000 a month. They reveal 5 ways to make money with Gen Z's favorite shopping app.

Depop US top seller Syndy Boney. Sydny Sky Young people around the world are getting rich selling secondhand and vintage goods on Depop. Insider spoke to some of the app's top sellers to find out what it takes to be successful. Good photography and consistency in brand image were two key pieces of advice they offered. See more stories on Insider's business page. Young people around the world are using Depop to get rich.The social shopping app, which launched in 2011 and was bough...
Tags: News, Teens, Shopping, Etsy, Ebay, Trends, Millennials, Retail, Vintage, Don, Dale, Watkins, Bella Hadid, Gen Z, Tech Insider, Boney


Walmart to scrap quarterly bonuses for store workers

Walmart store workers will lose quarterly bonuses, according to a report. Jonathan Newton/The Washington Post via Getty Images Walmart is scrapping quarterly bonuses for store workers, per a Wall Street Journal report. The company said these bonuses would be folded into employees' wages to make compensation consistent. Last week, Walmart raised its minimum wage by $1. See more stories on Insider's business page. Walmart is scrapping quarterly bonuses for store workers.The retail gi...
Tags: Amazon, Washington Post, US, Trends, Walmart, Wall Street Journal, Journal, Mary Hanbury, Jonathan Newton, Getty Images Walmart


Peloton is launching its own apparel brand that puts it in direct competition with Lululemon and Nike

Peloton's new apparel collection. Peloton Peloton is launching an apparel brand. The new collection features a mix of men's, women's, and gender-neutral styles, costing between $15 to $118. Peloton previously partnered with Lululemon, Nike, and Adidas to sell Peloton-branded products. See more stories on Insider's business page. Peloton, best known for its $2,000 bike (it now offers a cheaper version) and $4,000 treadmill, launched a new apparel brand Thursday, dubbed Pelot...
Tags: News, Fitness, Clothing, Trends, Nike, Adidas, Work Out, Retail, Apparel, Lululemon, John Foley, Business of Fashion, Peloton, Tech Insider, Peloton Peloton, Lululemon Nike