Surge in Wardrobing Costs Retailers US\$890 Billion
Wardrobing, the practice of returning used clothing, costs retailers US\$890 billion annually and is surging; retailers are using technology and stricter return policies to combat this, impacting consumers through higher prices and less convenient return options.
Surge in Wardrobing Costs Retailers US\$890 Billion
Wardrobing, the practice of returning used clothing, costs retailers US\$890 billion annually and is surging; retailers are using technology and stricter return policies to combat this, impacting consumers through higher prices and less convenient return options.
Progress
48% Bias Score
German Organic Food Market Rebounds, but 2030 Goals Remain Distant
Germany's organic food market, after a 2022 decline due to inflation, rebounded strongly in 2023 and 2024, reaching about €17 billion in turnover; however, only 11.8% of farmland is currently used for organic agriculture, falling short of the 30% government target by 2030.
German Organic Food Market Rebounds, but 2030 Goals Remain Distant
Germany's organic food market, after a 2022 decline due to inflation, rebounded strongly in 2023 and 2024, reaching about €17 billion in turnover; however, only 11.8% of farmland is currently used for organic agriculture, falling short of the 30% government target by 2030.
Progress
32% Bias Score
Competitive US Retail Market Drives Five Key Trends in 2025
In 2025, the US retail real estate market shows a 4.1% national vacancy rate, but prime locations have far lower vacancy. Five trends are emerging: smaller stores, experiential retail, tailored geographical expansion, data-driven site selection, and a suburb-first approach, reflecting changing consu...
Competitive US Retail Market Drives Five Key Trends in 2025
In 2025, the US retail real estate market shows a 4.1% national vacancy rate, but prime locations have far lower vacancy. Five trends are emerging: smaller stores, experiential retail, tailored geographical expansion, data-driven site selection, and a suburb-first approach, reflecting changing consu...
Progress
24% Bias Score
Galeries Lafayette to Close Marseille Stores Amidst Financial Losses
Galeries Lafayette will close its two Marseille stores by the end of 2024 due to consistent annual losses of €10 million, despite a 4% overall revenue increase for the group in 2024, impacting 145 employees and highlighting challenges in adapting to evolving urban retail landscapes.
Galeries Lafayette to Close Marseille Stores Amidst Financial Losses
Galeries Lafayette will close its two Marseille stores by the end of 2024 due to consistent annual losses of €10 million, despite a 4% overall revenue increase for the group in 2024, impacting 145 employees and highlighting challenges in adapting to evolving urban retail landscapes.
Progress
44% Bias Score
Diverging Views on EV Adoption: Consumer Enthusiasm Meets Manufacturer Concerns
A Tata Consultancy Services study reveals that while 64% of consumers globally are likely to consider an EV for their next vehicle, manufacturers express concerns about cooling demand and insufficient charging infrastructure; despite this, U.S. EV sales surged 7.3% in 2024.
Diverging Views on EV Adoption: Consumer Enthusiasm Meets Manufacturer Concerns
A Tata Consultancy Services study reveals that while 64% of consumers globally are likely to consider an EV for their next vehicle, manufacturers express concerns about cooling demand and insufficient charging infrastructure; despite this, U.S. EV sales surged 7.3% in 2024.
Progress
40% Bias Score
Starbucks China Shifts to Digital Strategy Amidst Declining Sales
Starbucks China is undergoing a digital transformation to counter declining sales, appointing a new chief growth officer and launching viral marketing campaigns to attract younger consumers, while competitors like Ora Coffee focus on affordability.
Starbucks China Shifts to Digital Strategy Amidst Declining Sales
Starbucks China is undergoing a digital transformation to counter declining sales, appointing a new chief growth officer and launching viral marketing campaigns to attract younger consumers, while competitors like Ora Coffee focus on affordability.
Progress
36% Bias Score
Retail's Centenarian Expert Warns of Creativity Gap
Walter Loeb, a centenarian retail expert, identifies a "lack of creativity" as the primary challenge for retailers today, hindering their ability to adapt to evolving consumer behavior, such as social media-driven shopping, and compete effectively.
Retail's Centenarian Expert Warns of Creativity Gap
Walter Loeb, a centenarian retail expert, identifies a "lack of creativity" as the primary challenge for retailers today, hindering their ability to adapt to evolving consumer behavior, such as social media-driven shopping, and compete effectively.
Progress
36% Bias Score
Fairtrade to Tackle Exploitation in UK Supply Chains
Fairtrade's new chief, Eleanor Harrison, plans to expand the organization's ethical standards to UK factories and farms, addressing concerns over worker exploitation and leveraging its success in international markets, where sales rose by more than 5% in 2023, despite economic challenges.
Fairtrade to Tackle Exploitation in UK Supply Chains
Fairtrade's new chief, Eleanor Harrison, plans to expand the organization's ethical standards to UK factories and farms, addressing concerns over worker exploitation and leveraging its success in international markets, where sales rose by more than 5% in 2023, despite economic challenges.
Progress
36% Bias Score
German Private Electric Vehicle Adoption Plummets in 2024
HUK Coburg insurance data reveals a sharp decline in private electric vehicle adoption in Germany during 2024, with only 4% of insured drivers switching to electric cars, compared to nearly 7% in 2022; this is linked to factors including the end of subsidies, high prices, limited models, and lack of...
German Private Electric Vehicle Adoption Plummets in 2024
HUK Coburg insurance data reveals a sharp decline in private electric vehicle adoption in Germany during 2024, with only 4% of insured drivers switching to electric cars, compared to nearly 7% in 2022; this is linked to factors including the end of subsidies, high prices, limited models, and lack of...
Progress
44% Bias Score
Combating Impulse Buying: Strategies for Better Financial Habits
Impulse buying, driven by emotional and situational triggers, negatively impacts finances and well-being; however, strategies like expense tracking, cooling-off periods, and investment prioritization can help control impulsive spending.
Combating Impulse Buying: Strategies for Better Financial Habits
Impulse buying, driven by emotional and situational triggers, negatively impacts finances and well-being; however, strategies like expense tracking, cooling-off periods, and investment prioritization can help control impulsive spending.
Progress
32% Bias Score
Starbucks China Shifts to Digital-First Strategy Amidst Market Competition"
Starbucks China, facing a 7% sales decline in Q4 2024, is pivoting to a digital-first strategy under new growth director Yang Zhen, while Ora Coffee, a Peet's Coffee sub-brand, focuses on affordability to compete in China's rapidly expanding coffee market, projected to reach 16.9 billion yuan in 202...
Starbucks China Shifts to Digital-First Strategy Amidst Market Competition"
Starbucks China, facing a 7% sales decline in Q4 2024, is pivoting to a digital-first strategy under new growth director Yang Zhen, while Ora Coffee, a Peet's Coffee sub-brand, focuses on affordability to compete in China's rapidly expanding coffee market, projected to reach 16.9 billion yuan in 202...
Progress
32% Bias Score
Online Holiday Sales Surge 8.7% to $241.4 Billion
Online holiday sales surged 8.7% to $241.4 billion, driven by deep discounts and the rise of AI-powered shopping assistants; Adobe Analytics data shows a 1% price drop boosted demand by 1%, adding $2.25 billion in spending.
Online Holiday Sales Surge 8.7% to $241.4 Billion
Online holiday sales surged 8.7% to $241.4 billion, driven by deep discounts and the rise of AI-powered shopping assistants; Adobe Analytics data shows a 1% price drop boosted demand by 1%, adding $2.25 billion in spending.
Progress
40% Bias Score