RetailWire Weekly Recap - April 17, 2023
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Walmart is closing four of the eight stores it operates in Chicago after concluding that it could no longer sustain the losses it has experienced since opening 17 years ago.
Amazon.com has begun charging return fees on products brought to the UPS Store.
Forty-three percent of Americans have publicly voiced their displeasure about their most serious product and service problem,?according to the 2023 National Customer Rage Survey.
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A university study finds that loyal workers tend to be exploited by being asked to do unpaid work and additional job tasks where less committed colleagues are not.
A report published earlier this year provided a bleak assessment of the U.S. wine industry’s prospects.
"I count a couple dozen Target stores inside the Chicago city limits, although heavily skewed toward the North Side. Obviously they succeeded where Walmart has failed, despite the city’s well-publicized crime and shoplifting problems. Is it possible that Target’s merchants understood the Chicago customer better than Walmart did?"
"Wine just doesn’t lend itself to a casual environment, whereas seltzers, beer and spirits do. Wine as a whole category would need new positioning to align with the lifestyle drinking younger generations do."
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