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Wholesale News - Supplier Profiles, Trade Show Coverage, Product Trends and Industry Coverage For B2B Professionals. Sourcing Tips and more.

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    ...s manager Chi Sing (Jimmy) Cheung, aside from quality, pricing and experience set the company apart from its competitors. “Our products have been through the test of time on reliability and satisfaction. We try our best to set quality control and product value. With over 30 years in the market we know what customers expect from our products and goods,” he says. When it comes to footwear, 79 South China Import, Inc. has one of the biggest inventor...

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    METRO Cash & Carry, a chain of self-service wholesale stores based in Germany, plans to expand in India with 50 more stores by the end of 2020, the German company said Monday. India, where retail is closed to foreign direct investment while allowing 100 percent FDI on wholesale trading, currently has 16 METRO distribution centers across 12 cities. If the expansion plan pushes through, India will join Russia, China and Turkey in METRO’s focus...

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    ...standing commercial reputation. According to sales manager Stewart Zhou, “We concentrate on supplying the best service together with the high quality and inexpensive products for  customers abroad, as well as offering the best solution to sourcing and pricing, walkthrough and feedback.” Products by Anhui Light Industries Int’l. Co., Ltd. caters to all types of consumers – from individuals to wholesale buyers. The company deals mainly...

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    ...Edge · Off-price Buyers Are Still Ahead. Fortune’s Kapner pointed to December sales, which said most department stores had double-digit drops, while discount merchandisers didn’t lose as much business or had sales only “flatten.” Does that sound like all-bad discounter news? Explained Kapner: Retail analysts said off-pricers would have done better than “flat” sales if they were not competing with “upscale” department stores who entered off-price...

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    ...roubles, it won’t do much for their market share. After bankruptcy they will have fewer stores and a smaller company overall, making them more profitable, but they still need customers. Aeropostale is planning on closing all stores in Canada and more than 100 stores in the United States. They must use bankruptcy to take the time to rethink their strategy. They are not the only company trying to sell to the teen market that’s in trouble....

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    ..., they do not have an online store. This means that they definitely lose some customers to stores that do have an online presence. Customers increasingly want the convenience of finding deals online and not having to go into stores. While similar stores such as TJ Maxx have opened stores internationally, Ross Stores has continued to only expand in the United States. This means they are missing out on extra revenue. These are all reasons why...

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    ...r. This proves to be a very interesting contrast between the two companies. Currently, Macy’s has 730 stores after the closure of the 40 by the spring of this year. The company had stated that it wanted to operated excellent stores in their best locations to serve both local customers that walk in the doors and those who order from across the country. Macy’s acknowledged the changing retail landscape as one of the reasons for this change. Macy’s...

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    ...also important to consider that Apple has possibly taken action against a number of illegitimate sellers. Another fact that may contribute to the drop in sales at these fake stores is that Apple has been expanding their real stores across China. They now have 33 retail stores in China, with the intention of having at least 40 this year. When it comes to numbers, Apple still has some catching up to do. In the United States, Apple has 53 retail...

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    Department stores are being killed by the influx of discount stores. Research shows that 2 out of 3 Americans prefer to shop at discount stores over department stores, due to trying to find the best price, rather than to pay full price for what they want or need. When the American nation was in a recession, our consumers began to gravitate more and more to discount stores. Even once the economy stabilized somewhat, consumers continued to return...

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    ...also fallen amid second-quarter results that show that both profits and sales are down. Since The Great Recession, Macy’s has had good sales but the sales have continued to slow as the company began to compete against other companies like TJ Maxx, which is snapping up more and more of the market share and cutting into the bottom line of Macy’s. Macy’s will now have 666 stores around the country, well below its peak of 868 stores in 2007....

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    ...ll are positive about the smaller stores, there are still some analysts who believe this is a limited growth opportunity: “A store in downtown Manhattan is interesting, but is it scalable?” said Barclays analyst Matthew McClintock. “Wal-Mart couldn’t make it work with a better logistical network. It makes you wonder how Target is going to succeed.” This isn’t the first time a big box retailer is taking on smaller stores, Wal Mart tried and...

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    ...ular store. Even so, that is not the best plan of action for all companies; some have decided to take their business solely online. Read on to find out the best elements of the consumer experience to add to your own store to best compete. Have a Digitally-Integrated Business to Some Degree It is a prerequisite to have a digitally-integrated business. The percentage of business that will be conducted online with vary from company to company. For...

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    ...roubles, it won’t do much for their market share. After bankruptcy they will have fewer stores and a smaller company overall, making them more profitable, but they still need customers. Aeropostale is planning on closing all stores in Canada and more than 100 stores in the United States. They must use bankruptcy to take the time to rethink their strategy. They are not the only company trying to sell to the teen market that’s in trouble....

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    ...Whether it is Dollar General, Dollar Tree or Family Dollar… discount stores are one of the hottest retail spaces in your local strip mall. And, actually now in the entire retail sector. In fact, off-price general merchandise stores and closeout stores are helping sustain momentum in retail sales. Amid a soul-crushing year for retail, discount stores have opened more stores than closed them and many of them have been erected in new markets....

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    Privacy is a sensitive topic. Increasingly, consumers have been ditching it for the sake of convenience. We now live in the time of auto-pay, and Alexa knows the ins and outs of our daily lives. Not so long ago, we feared e-commerce’s use of cookies to make personal recommendations based on our observed interests. The Price of Personalization Digital personalization technologies offer practical ways for businesses to capture and control...

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