Retail News: Top Stories
January 10, 2020

Top stories in retail news and the business headlines that interest us today.

Top 10 Biggest Retailers

Top 10 Largest Retailers

“2019 was one of the hardest years in living memory for the retail sector – we saw slowing consumer spending, a push from consumers for an adoption of more ethical practices by retailers and a rapid increase in online sales. This resulted in a massive number of store closures, over 9,000 in the US alone and profit warnings from multiple retail businesses.

Despite these challenges, the world’s biggest retailers remain some of the highest turnover companies in the world and a recent report by the Institute for Real Growth (IRG) undertaken by Kantar/WPP highlights the sheer scale of these businesses.”

Smart Speaker Ownership in 2019

“Smart speaker ownership grew to 24% of the U.S. adult population — or about 60 million people — from 21% a year earlier, per a December 2019 survey by NPR and Edison Research. The study also found that smart speaker households contain an average of 2.6 devices, up from 2.3 a year earlier and 1.7 in December 2017.”

Walmart’s Store of the Future

Walmart Alphabot

Walmart is using robots to pick and pack online grocery orders at a store in Salem, New Hampshire. The machines, part of a system called Alphabot, will soon be rolled out to more stores.”


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