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NRF: Inventory shrink cost the industry $48.9B in 2016

Dive Brief: • Retail inventory “shrink” increased to $48.9 billion in 2016 from $45.2 billion in 2015, as cost-cutting measures have left retail security budgets flat or declining, according to the annual National Retail Security Survey released Thursday by the National Retail Federation and the University of Florida.

Food Delivery Mobile Application Industry: Businesses Prepare to Jump Ship

The rise in standards of living in the developing countries, increase in expenditure on luxury smartphones, and technological advancements in the design and features of iOS. Android deployment platform contributed the largest share of revenue in the global food delivery mobile application market and is expected to witness second highest growth rate during the 2017 to 2023 owing to its easy accessibility, open-source platform, and deployment in large portion of smartphone brands.

The retail apocalypse is heading straight for Kroger, Whole Foods, and Aldi

•Retail space devoted to food sales in the US has hit a record high. •New store growth is outweighing demand, and grocers are cutting prices to compete. •Department stores followed the same strategy in the last decade, and now they are closing stores and filing for bankruptcy at staggering rates.

Do Local Merchants Stand A Chance In E-Commerce Wars With Amazon?

Grocery stores around the country – and all independent brick-and-mortar retailers, for that matter – uttered a collective gulp the day Amazon announced it had acquired Whole Foods for a whopping $13.7 billion dollars.

Organics, local product help independents compete in Northwest

While major retailers like Wal-Mart Stores, Kroger, and now, Amazon, slug it out for dominance across the U.S., in the Northwest, independent retailers say they still have a say in the business, particularly where fresh produce is concerned.
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"STCR provided a complete solution, from front end to back door receiving to help maintain gross profit."