Amazon is gaining a bigger brick-and-mortar presence with the opening of new US bookstores, but the real value may be as a showroom for readers who browse new titles before buying print or e-book editions online. Bookstore shoppers can take a picture of a book cover with the Amazon app to find out the price and place an order.
The Australian franchisee of UK-based fashion retailer Topshop/Topman has gone into administration, with plans to continue operating as it reorganises, said the controller. The retailer entered Australia six years ago, and it operates an e-commerce site, nine branded stores and concessions in 17 Myer department stores.
South African apparel retailer Edcon Holdings has named Grant Pattison as its new CEO, to succeed Bernie Brookes early next year. Pattison, who previously led Massmart Holdings, will begin as chief operating officer next month and take charge of Edcon's retail operations outside South Africa.
Bike-sharing startups in major Chinese cities are seeing an influx of business as the model becomes a popular mode of urban transportation. Startups are largely buying from smaller bicycle manufacturers, and the trend is proving challenging for large manufacturers as demand shifts from high-end bikes to lower-priced models.
Indian online fashion retailer Jabong has created the Jabong Mood Store that lets customers shop for complete outfits based on a specific mood. Jabong is launching the new effort with a multichannel campaign that will include influencers showing off the looks they've assembled for a variety of moods.
Running a business can be a costly endeavor, which is why some entrepreneurs may consider dipping into their retirement accounts. But there are other alternatives available, including loans backed by the Small Business Administration, home equity lines of credit and crowdfunding, writes Stephen Sherline.
In addition to carrying a wide variety of ukeleles, UkeHut in New York City also hosts monthly barbecues and other events. "We kind of try to model on the best shops in Hawaii, with that kind of aloha spirit," said Ken Murray, who opened the business in 2014.
Makers of industrial equipment who integrate tasks and skills into a customercentric approach are safer, more cost-effective and more profitable, Mike Evans of Cambashi said in an interview.
Two-dimensional technology is critical to inspection processes, especially for tasks involving contrast detection and pattern alignment, writes Terry Arden of LMI Technologies. Its limitations include difficulty with lighting and object movement, he writes.
Sales and operations planners can measure demand planning's outcomes by creating specific objectives equivalent to production standards, Dave Turbide writes. Balancing demand and supply "eliminates a lot of the finger-pointing that often happens when things don't go quite as planned," he writes.