South Korean electronics giant Samsung revealed plans to construct 11 new semiconductor manufacturing plants in Texas. “Right now, Taiwan is the biggest manufacturer of semiconductor chips. There are questions about what would happen if China were to invade Taiwan.” Having Samsung’s semiconductor manufacturing facilities within the U.S. will ultimately alleviate some of the supply chain […]
Uncle Sam shoppers have always preferred American-made products. With the election of President Trump, the demand for Made in USA has only increased.
In the March issue of Independent Retailer, we interviewed SoftBank, the robotics company who owns Pepper, the retail robot. Though we focused on the consumer-facing implications of robotics in the retail industry, there is much more to the puzzle.
Made in America is making a comeback in the retail industry in spite of the aftermath of the country’s recession.
One question consistently asked by smaller retailers is “How can we increase our margins?” While this topic is universal across all retailers regardless of size, it is especially relevant for smaller sellers that may not have the resources to purchase products in large enough volumes in order to gain economies of scale.
Recent and growing wage increases benefiting Chinese workers have made trading companies and Western retailers that import from China aware of potential cost increases and disgruntled American and European consumers. Bruce Rockowitz, chief executive of a large trading company supplying Chinese consumer goods to American retail chains, confirms the expected increase, saying, “The companies’ average […]
The popular British bicycle maker Giant has worked out a plan to branch out into the United States,
Leisure products appear to be on the verge of a comeback, but manufacturers warn that the rebound is a slow one.