Business is full of unknowns, and 2017 is likely to be no exception. The pressures and uncertainties franchisors may face include the growth of competition, technological advancements, rising construction costs, a new political administration, and much more. From Franchising USA
With online shopping and so much competition, signature retail outlets are looking towards franchise options to help establish a brand and create continuous marketing support. From Franchising USA
Stronger consumer spending has generated big profits forthe credit card industry. But given the challenges facing brands like American Express and MasterCard, Investorsshould tread carefully. From Fortune
Amazon eliminates wrapping paper ahead of the holidays in an attempt to accelerate fulfillment and advance its sustainabillty strategy. From Fortune
Yoox Net-a-Porter is opening a dedicated tech hub in London as part of plans to increase its technology team headcount. From Retail Week
The department store has brought visual merchandising and endearing quirks to the fore at its opening in the new Victoria Gate shopping centre in Leeds. From Retail Week
Gap recently announced it will close all its Banana Republic stores in the UK.
From Retail Week
Independent department stores face more challenges than ever, yet many are excelling. From Retail Week
AI technology is still be in its infancy, but some retailers are already realising its potential online and in-store. From Retail Week
Home rental firm Airbnb is now worth more than the world’s largest
hotel chain, Hilton Worldwide. What can retailers learn from the
phenomenal success of the home rentals website. From Retail Week