With 59 million Hispanics in the U.S., they represent almost 18 percent of the U.S. population and their buying power grew to $1.4 trillion in 2016, according to Nielsen. Hispanics are now the nation’s largest minority and have accounted for nearly half of the population growth in the U.S. since 2010.
Best Buy has a new program known as Assured Living, that uses mobile web and smart home healthcare technology to help adult children remotely check in on the health and safety of aging parents at home. It can provide peace of mind for caregivers and delay the need for an elderly relative to enter assisted […]
Remember a time when Halloween was simple? Those days are over. For category managers, the huge opportunity (over $9 billion expected in sales this year) presents a daunting array of products and strategies to consider.
Second only to Christmas in dollars spent, Halloween continues to grow. This year, consumers are expected to spend $3.4 billion on […]
Amazon Go recently opened in the heart of downtown Chicago, in the financial district know as “the loop.” The premise behind the Go store, first piloted in Seattle, are grab-and-go items with no check-out, no cashier and no lines. No personal interaction necessary; an introverts oasis. Amazon calls the format ‘Just Walk Out Shopping.” Chicago […]
Unlike other types of brick and mortar retail, the convenience store (C-store) industry has actually doubled in size over the past 30 years — and it’s still growing. Why? One reason: you can’t fill up your gas tank online and 80% of all auto fuel is purchased at C-stores.
But while gasoline drives about 60 percent […]