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Economy
This article explores the history of Amazon's attempts to get into the fresh grocery game, and looks at potential future methods the company may use as it continues to do so.
Carmaking giants and ride-sharing upstarts racing to put autonomous vehicles on the road are dead set on replacing drivers, and that includes truckers. Trucks without human hands at the wheel could be on American roads within a decade, say analysts and industry executives. At risk is one of the most common jobs in many states, and one of the last remaining careers that offer middle-class pay to those without a college degree.
Food delivery apps are reshaping the restaurant industry—and how we eat—by inspiring digital-only establishments that don’t need a dining room or waiters.
A summary of retail job gain and loss through the different industries.
Amazon's physical retail strategy is coming into focus, and just like the company's e-commerce business, it's focused on convenience. Perhaps the best way to make things more convenient for customers is to shorten the time it takes for them to complete a shopping trip.
Like most other industries, transportation and logistics (T&L) is currently confronting immense change; and like all change, this brings both risk and opportunity. New technology, new market entrants, new customer expectations, and new business models. In this paper we discuss four key areas of disruption logistics companies need to focus on now, and explore some possible futures of the industry.
Using data from the 2010 to 2014 merged American Community Survey released by the U.S. Census Bureau, this paper estimates the labor market impact of jobs likely to be lost with a rapid transition to autonomous vehicles. The report finds that certain population groups and areas of the country would be disproportionately affected. Finally, we call for policymakers to take immediate steps to offset the potential for harmful labor disruptions.
Uber Eats will now deliver food to customers in the most unexpected of places—restaurants. The food delivery and pick-up app's "Dine-in" feature is now being pilot-tested in Dallas, Austin, Phoenix and San Diego, according to an Uber spokesperson.
In theory, e-commerce can be greener than a bunch of shoppers making personal trips in their own cars: Consolidating products and delivering them on one route to a bunch of homes requires fewer miles on the road. However, that calculus changes significantly if items are coming from further away and have to be sent immediately, which creates fewer opportunities for lumping deliveries together.
The quintessential college experience of getting pizza delivered to your dorm room is about to get a high-tech upgrade. Starship Technologies announced its plan to deploy thousands of its autonomous six-wheeled delivery robots on college campuses around the country over the next two years.
As e-commerce sales march ahead of in-store sales, the major issue discussed at the Retail Industry Leaders Association’s (RILA) Retail Supply Chain Conference: Logistics 2013 was best practices for developing and executing an omni-channel distribution strategy. And real estate—particularly distribution centers (DCs)—is a significant part of the process. This article reviews the main questions asked during the conference.
"This report explores autonomous vehicle benefits and costs, and implications for various planning issues. It investigates how quickly self driving vehicles are likely to be developed and deployed based on experience with previous vehicle technologies, their benefits and costs, and how they are likely to affect travel demands and planning decisions such as optimal road, parking and public transit supply."
The sharing economy and on-demand services are weaving their way into the lives of (some) Americans, raising difficult issues around jobs, regulation and the potential emergence of a new digital divide. This report offers a detailed examination of three different services that exemplify the shared, collaborative and on-demand economy: ride-hailing apps, home-sharing platforms and crowdfunding services.
A very brief introduction to the impacts that may come with autonomous cars in the future.
Low wages, lack of career paths and an overwhelming belief among the working public that fast-food jobs should only ever be temporary all contribute to the worsening turnover issues faced by quick-service restaurants. Automation is being explored as an answer.
E‐commerce has become an integral part of Americans’ lives and while it offers many benefits, it also represents forgone sales tax revenue for governments. Using a difference‐in‐differences model, this analysis examines how the Amazon tax affected local sales tax collections in North Carolina and whether that impact has been greater for urban, rural, or tourism‐rich counties. The results suggest that the Amazon tax increased revenues and urban jurisdictions benefit most. This finding is important for practitioners and policymakers as they consider the impact of policy changes, such as the South Dakota v. Wayfair ruling, on revenue capacity and financial management.
While the U.S. online food-delivery market continues to burn hot, data from KeyBanc suggests growth in restaurants offering the service may be slowing. That could limit the whole sector’s long-term growth, as restaurant selection is key to consumer adoption of delivery apps.
Meow Wolf started as a loose group of penniless punks coming together as an art collective. Now it’s a multimillion-dollar dream factory thriving in creating installations for the experience economy.
In many countries the revenue from gasoline taxes is used to fund highways and other transportation infrastructure. As the number of electric vehicles on the road increases, this raises questions about the effectiveness and equity of this financing mechanism. In this paper, we ask whether electric vehicle drivers should pay a mileage tax.
Since EV drivers zip past gas taxes, they don’t contribute to the federal fund for road maintenance. A new working paper tries to determine whether plug-ins should pay up.
The Mayor’s Proposed Fiscal Year (FY) 2018-19 and 2019-20 Budget for the City and County of San Francisco (the City) contains citywide budgetary and fiscal policy information as well as detailed departmental budgets for General Fund and Enterprise Departments.
It’s nothing short of a revolution, and the stakes have never been higher for retailers and consumer goods companies. Our Total Retail survey results, together with 2015 fourth-quarter retail results around the world, point to 2016 as a watershed for many of the trends that have been percolating over the past few years. From the unmistakable desire to be a member of a specialized retail community to buying more on their mobile phones, from becoming more reliant on social media to demanding a more service-focused and knowledgeable store employee, global consumers are pushing the boundaries of what shopping means.
Ever since Amazon began selling books online in 1995, retailers — and plenty of other commentators — have been asking what role, if any, physical stores might play in the retail arena. Some have gone so far as to predict the ultimate demise of stores, and others expound the virtues of various hybrid omnichannel solutions. This report explores where things stand in retail in 2017.
This article explores the different ways retailers might engage with their customers in the future as we shift into an evermore digital-physical hybrid world.
This report aims to pull back Amazon’s cloak of invisibility, it shows how the company’s tightening grip is stifling competition, eroding jobs, and threatening communities - it presents new data; draws on interviews with dozens of manufacturers, retailers, and others; and synthesizes a broad body of previous reporting and scholarship.
We are on the cusp of one of the fastest, deepest, most consequential disruptions of transportation in history. By 2030, within 10 years of regulatory approval of autonomous vehicles (AVs), 95% of U.S. passenger miles traveled will be served by on-demand autonomous electric vehicles owned by fleets, not individuals, in a new business model we call “transportas-a-service” (TaaS). The TaaS disruption will have enormous implications across the transportation and oil industries, decimating entire portions of their value chains, causing oil demand and prices to plummet, and destroying trillions of dollars in investor value — but also creating trillions of dollars in new business opportunities, consumer surplus and GDP growth.
The Young and Restless—25 to 34 year olds with a bachelor’s degree or higher level of education, are increasingly moving to the close-in neighborhoods of the nation’s large metropolitan areas. This migration is fueling economic growth and urban revitalization.
This article outlines the growth of the gig economy in the US and how individuals have different feelings about it and the pay versus flexibility.
This report looks to the past to anticipate an uncertain future. It adopts the view of neither the techno-optimist nor the techno-pessimist about the scope and pace of change, instead taking a middle-of-the-road approach to evaluate the impacts of automation on the future of work in Oregon. Regardless of the scenario, Oregon policymakers — and their federal partners — should be preparing an expansive, flexible and focused policy response that can keep pace with rapidly changing conditions.
We are long past the point of discussing how technology has interrupted our lives and changed our perspective of the world. We are now in the post-disruption era, and in many sectors including retail, a new normal is emerging. We are seeing that the most successful retailers are using both online and offline approaches. The key is the critical balance between the efficiency of online with the engagement of offline.
A year after shutting all its U.S. stores, Toys R Us is making a comeback. The international chain, which filed for bankruptcy in 2017, is opening two mall stores this holiday season and bringing back its website. But don’t expect the Toys R Us you’re used to. 'We’re reinventing Toys R Us to make it fun and interactive for kids and parents.'
According to case studies, transit systems not in a state of good repair are particularly vulnerable when unanticipated events occur. This can cost a local or regional economy millions of dollars in repairs and lost revenue. Along with the net gains or losses at stake to the U.S. economy, the condition of public transit infrastructure has regional and local implications. As cities throughout America compete to retain key occupations and businesses, the condition and quality of public transit infrastructure play a growing role in what makes a thriving regional economy. The total SGR (State of Good Repair) backlog was estimated to be at $89.9 billion in 2015, and is continuing to grow. Six case studies provide detailed examples of how different agencies are dealing with SGR issues.
This blog post summarizes a larger article written by University of Michigan faculty member Saif Benjaafar's research on smart technology. It specifically focuses on his analysis of ride-sharing companies.
Autonomous trucking is coming faster than expected—perhaps within five years, according to panelists at the Transportation Research Board’s 96th annual meeting in Washington, D.C.
Summary of consumer expenditure data including the expenditures and income of consumers, as well as the demographic characteristics of those consumers.
Drones, for the last few years, have been viewed as the future of last-mile delivery for a variety of organizations ranging from 3PLs to hospitals. Amazon has applied for a waiver with the Federal Aviation Administration (FAA) that, if approved, would allow the retailer to begin drone delivery in the United States.
This web page presents a 2016 overview of the U.S. retail industry and all relevant information, facts, research, data and trivia related to the U.S. retail industry. It provides the definition of the U.S. retail industry, the size of the U.S. retail industry, and the types of retailing and retailers that comprise the U.S. retail industry. Also provides links to the most current info, facts, research, data, and trivia about the largest U.S. retail chains.
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