Retail – Karolingische Klosterstadt Sat, 15 Jan 2022 14:22:00 +0000 en-US hourly 1 Retail – Karolingische Klosterstadt 32 32 Is Target one of the best retail stocks for 2022? Sat, 15 Jan 2022 14:22:00 +0000

The coronavirus pandemic has certainly highlighted how quickly consumer behavior can change. Physical retail was already facing substantial headwinds over the last decade or so with the rise of online shopping. But the past two years have only accelerated this ongoing trend.

Not all physical retail died, however, as Target (NYSE: TGT) has proved. The famed general merchandise chain’s 12-month sales of $103.3 billion and net income of $6.8 billion rose 16.6% and 78.9%, respectively, from the period of the previous year. And the company is embracing digital trends to drive growth.

Let’s see if Target is a the best retail stock to own for 2022.

Image source: Getty Images.

Solid dynamic

Target has been a surprise winner from the pandemic as its stores offer shoppers a wide range of items, allowing them to complete an entire shopping trip in one place. Comparable store sales, or comps, in the third quarter of fiscal 2021 (ended Oct. 30) were up 12.7% year-over-year. Target’s top five product categories — apparel and accessories, beauty and home essentials, food and beverage, front-line items, and home furnishings and decor — posted double-digit growth.

The company has made significant investments in building its digital capabilities over the years, which is why it prepared and thrived during the pandemic. In 2017, Target announced a $7 billion investment in its omnichannel shopping experience. Previously, in 2015, the company hired Mike McNamara as chief information officer to completely revamp Target’s IT workforce. These strategic moves continue to pay huge dividends.

Orders using same-day services (store pickup, curbside pickup and shipping) increased 60% in the quarter, adding to the 200% growth for this category over the period of the previous year. Additionally, a remarkable 95% of all sales were made by one store during the quarter, improving business efficiency and enabling individual locations to act as hubs, while customers benefit from reduced wait times and greater stock availability.

But don’t assume the in-person shopping experience isn’t important anymore. Target is sprucing up its stores to encourage customers to visit more often. Partnerships to create shop-in-shops with Apple, waltz disney, and Ultimate beauty refresh store layouts and benefit Target by supporting higher levels of customer traffic. This only increases the value proposition of shopping at Target.

Management expects a strong holiday shopping season to support high-single-digit to low-double-digit comp growth in the current quarter. And while the broader supply chain and inflation concerns have been an issue, the company is navigating the environment by expanding fulfillment capacity and inventory assortments.

During the last earnings call, CEO Brian Cornell announced that Target would hire 30,000 supply chain team members. Additionally, he confirmed that absorbing higher merchandising costs to continue delivering value to customers will prove to be the right move.

An attractive valuation

Despite soaring revenues and profits in recent quarters and a share price that jumped 31% in 2021, Target shares are trading at an attractive price. price/earnings ratio (P/E) of just 16.2 at the time of this writing. It’s significantly cheaper than competitors like Costco and walmart, which trade at P/E ratios of over 40. Target’s increased shareholder returns are a generous capital return policy that includes dividend payouts and share buybacks.

Will 2022 be another winning year for Target and its shareholders? I think the company’s continued momentum in digital and same-day purchases, along with its exceptional valuation, make it a screaming buy right now.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end consulting service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

NRF 2022: The Biggest Retail Show Is Back, But Is The Industry? Thu, 13 Jan 2022 21:59:15 +0000

Jack Kleinhenz, the NRF’s chief economist, noted in the organization’s latest monthly economic review that 2022 is likely to be a “difficult year of substantial uncertainty with many questions to be answered.” Is the pandemic coming to an end? Will supply chain disruptions be resolved? How high will inflation go and how long will it last?

Indeed, in addition to the vagaries of the pandemic and its many variants, traders are also facing the twin challenges of high inflation and a disruption in the supply chain. The latter “will likely persist through 2022,” Kleinhenz said, as pandemic consumers are more likely to shop at retail (online or in-store) than spend their discretionary income in restaurants, theaters or other places of entertainment.

“This would put additional pressure on inflation since supply chains are already overloaded across the world,” he added. “Additionally, infections among port workers and truck drivers could become a speed bump for ongoing supply chain progress.”

In other words, it’s a mess over there.

MORE FOR DETAIL: Dive deeper into the technology trends that will shape the industry in 2022.

Supply Chain, omnichannel experiences on the NRF program

Big Show speakers will try to help retailers understand these challenges, wherever possible.

On supply chain, Vinod Bidarkoppa, CTO of Sam’s Club, will explain how his organization, a warehouse-like retailer that sells goods in bulk to its members, uses fulfillment technology, predictive AI and property-to-person processes to overcome challenges. Jon Gold, NRF’s Vice President of Supply Chain and Customs Policy will discuss how bottlenecks at U.S. ports may ultimately resolve themselves — and when.

While not a new concept, creating effective omnichannel experiences for consumers has taken on new urgency since the onset of the pandemic. In a keynote session, Target President and CEO Brian Cornell will discuss the company’s strategy of putting stores at the center of its omnichannel and same-day digital execution goals.

Not to be outdone by his company’s chief rival, Walmart President and CEO John Furner will take “a long-term view of the next normal for the retail industry where the innovation fuels growth and customer-centric thinking underpins longevity” in a “fireside chat” with Shay, according to the NRF.

Bookmark this page for BizTechcoverage of NRF 2022, or follow us on Twitter at @BizTechMagazine or the official conference Twitter account, @NRFBigShow, and join the conversation using the hashtag #NRF2022.

Reality hits omnichannel retail with a harsh truth – RetailWire Tue, 11 Jan 2022 22:07:30 +0000

January 11, 2022

Does a customer really care who handles their purchases, customer service questions, or returns as long as it’s quick and convenient? Is a unified back-end process managed by a single entity the key determinant of retention in 2022?

Having recently purchased an item from and returned it to a FedEx office closer to me than the nearest Walmart store, I would say no to each of these questions. Walmart’s drive to “cultivate” this aspect of product returns points to an opportunity that goes beyond traditional operating models.

The same goes for department stores that are going out of their e-commerce business. Many retail experts express their horror at what looks like a regressive step in the pursuit of a unified customer experience.

Some fear competition for customers between the once unified store and e-commerce operations. Others see stores becoming simple distribution centers optimized to support digital sales and returns.

The omnichannel problem of retail has been characterized by operational silos preventing a smooth customer journey through channels. This was true in the past, but today there are factors that are redefining omnichannel.

A customer experience-focused software engineering team is interested in the in-store experience as it helps customers find, buy, and collect their purchases as efficiently as possible. Nothing in this statement suggests that the stores should be owned and operated by the same entity. It is a research exercise, not a mandatory business model.

Shopping behaviors have been forever changed by the pandemic, with consumers buying more online. Successful digital operations are a necessity, not an option. These need funding and focus given the rapid pace of innovation and competition.

Speaking of innovation, Industry clouds AWS, Google, Microsoft, and others are driving massive growth for these tech companies. These bring best practices, lower costs and agility to retailers who struggle to adapt to constant change, given decades of legacy IT acting as an anchor on digital transformation.

The cloud provides easy access to analytical methods like AI and external data to power differentiated experiences at any touchpoint, whether digital or physical. An increased intra-industry partnership, technology integration strategy and the cloud will define omnichannel success in 2022 more than the interweaving of store and e-commerce operations under one banner.

DISCUSSION QUESTIONS: Do customers care who handles their purchases, customer service questions, or returns? Can retailers maintain seamless customer experiences through separate physical and digital operations?


“Activist investors are pushing stores like Macy’s and Kohl’s to separate their physical and digital operations, but this is totally counterintuitive.”


Commercial Real Estate Outlook: Can Shopping Malls Entice Digital Shoppers With Experiences They Can’t Find Online? Mon, 10 Jan 2022 02:40:35 +0000

With shoppers now accustomed to the convenience of shopping online, the challenge for the industry is to optimize the retail experience for consumers.

Ms. Yeo Mui Hong, CEO of Orchard Turn Developments, which manages Ion Orchard, said the company mainly focuses on what she calls retail.

“We are constantly engaging our tenants for unique shopping experiences … Over the past two years, we have introduced nearly 20 new flagship brands to the market at Ion Orchard. We are constantly updating our tenant mix to maintain the interest of our buyers and make them want to come back for more, ”Ms. Yeo said.

Real estate developer Lendlease, whose portfolio includes Jem and Paya Lebar Quarter, is banking on concept-driven retail offerings.

According to Ms. Jenny Khoo, her head of asset operations, this was already the goal before the pandemic and COVID-19 simply accelerated the process.

To stay in touch with digitally savvy consumers, Lendlease will use social platforms to help its retailers market and promote their products.

As retailers and shoppers learn to live with COVID-19, online and offline will have a place in every shopper’s heart.

The two shopping channels are complementary and can add value to the entire shopping experience.

As Ms. Yeo of Orchard Turn Developments says, “Humans are social beings. Human contact is very important. And human touch is something that shopping online can never replace.

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Retail Media 2022: What’s next for the third big wave of digital advertising? | Meet the Analysts Webinar | January 21, 2022 Sat, 08 Jan 2022 06:19:21 +0000

As advertising in retail media continues to increase year on year, retailers and brands have the opportunity to better plan their digital advertising strategies. Find out about our forecast for retail media ad spending and how the market will develop and evolve in the years to come.

Watch this webinar, made possible by Google, and explore:

  • Why Retail Media Networks Now Attract Big Brands Budgets and Where Do These Budgets Come From?
  • The Evolution of Closed Loop Targeting and Attribution to Drive Retail Media Adoption
  • Main challenges and opportunities for retailers looking to develop their own media networks
  • More! Jennifer Presser-Kroll, Head of Business Partnerships at Google, joins the conversation


Andrew lipsman is a Senior eMarketer Analyst at Insider Intelligence, specializing in Retail and Ecommerce. Recent coverage includes retail media networks, direct-to-consumer brands, social commerce, mobile retail apps, holiday shopping, and Amazon Prime Day.

Jennifer Presser-Kroll (she / she) is responsible for Retail Partnerships within the Google Business Partnerships team, which provides financial and strategic value to retail businesses by helping them develop and increase ad revenue in their properties . She worked in the Commerce Partnerships team at Google for over four years. Prior to joining Google, she led the Digital and Omnichannel Marketing Strategy team at Macy’s, Inc. She holds an MBA from Columbia Business School.


Blake droesch is an eMarketer Analyst at Insider Intelligence, covering retail and e-commerce with a focus on digital grocery shopping and the intersection of e-commerce and digital media. Previously, Blake was a writer and editor covering the luxury lifestyle industry.

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Missfresh Signs Over 20 Major Regional Grocery Chains To Use Its Retail Cloud Services Thu, 06 Jan 2022 11:30:00 +0000

BEIJING, January 6, 2022 / PRNewswire / – Missfresh Limited (“Missfresh” or the “Company”) (NASDAQ: MF), an innovator in from China convenience store, has signed agreements with more than 20 regional supermarket chains to equip more than 150 stores in 19 cities of China with the company’s proprietary SaaS suite of tools and AI-powered capabilities, such as intelligent omnichannel marketing, intelligent supply chain management, and intelligent store-to-door delivery, enhancing the experience purchase from more than four million active customers. Retail partners include well-known regional retailers such as Shandong Aodelong Supermarket, Chongqing Jiameijia Department Store and Changchun Yatai Supermarket, which are upgrading and improving their digital operations through Missfresh’s Retail Cloud services.

Missfresh’s Retail Cloud business segment was officially launched in June 2021 and continues to empower a growing number of neighborhood retailers through the digitalization of their services, while laying the groundwork for the rapid expansion of Retail Cloud services in the neighborhood retail industry.

Since its partnership with Tencent Smart Retail, Missfresh strengthens its Retail Cloud services by joining forces Tencent The Smart Retail ecosystem and its partner empowerment philosophy with the retail AI network developed by the company and years of experience managing neighborhood retail operating systems. With applications in many areas including cloud computing, digital marketing and e-commerce live streaming, Missfresh’s Retail Cloud services enable traditional small and mid-sized retailers to quickly set up full online operations. , which in turn accelerates the digitization and modernization of the district. retail business.

As online shopping continues to gain popularity and the trend of “consumer upgrade” (the growing demand for high-quality goods and services) spreads across the country, the retail industry offline retail is gradually moving online. According to iResearch, the neighborhood retail cloud market is poised to grow rapidly alongside the accelerated pace of online retail development from 207.7 billion RMB (US $ 32.7 billion) in 2020 at 2,200 billion RMB (US $ 346.2 billion) by 2025.

In China, as consumers increasingly turn to online shopping, the advent of the omnichannel retail era has left small and mid-sized local stores – which hold a combined market share of 80 % – struggle to meet consumer demands for multiple retail channels, and simultaneously lack a diverse range of shopping options and better consumer experiences. Delivering a better customer experience, achieving higher customer conversion and redemption rates, and improving operational efficiency have become key areas to address as the traditional retail industry undergoes its digital transformation.

Aiming to address these industry issues, Missfresh’s Retail Cloud services offer digital upgrades to traditional retail formats and AI-powered solutions instead of human decision-making. This helps address a number of critical issues for retailers, including SKU management, high inventory loss and wastage during transit, difficulties in attracting customers online, and store-to-door execution. Missfresh’s Retail Cloud business has already partnered with many leading regional retailers, including Shandong Quanfuyuan Commercial Group, Dongtai Guomao Group and Zhejiang Kaihong Group, to provide integrated online and offline retail solutions and upgrade the online capacity of retailers. These solutions include setting up private traffic domain platforms, improving door-to-door delivery, and setting up presale and pick-up services.

Missfresh has also launched other initiatives to accelerate the digitization of the neighborhood retail sector, such as the recent organization of an online services workshop for neighborhood retailers as well as a “Building New Retail Growth” forum. Engines Together ”for ecosystem partners and major neighborhood retailers. These events aim to explore the digital transformation trends of the retail industry, seek new growth drivers for the local retail economy, and pursue the high-quality development of the industry. of neighborhood retail.

About Missfresh Limitée

Missfresh Limited is an innovator and leader in from China neighborhood retail. The company invented the Distributed Mini Warehouse (DMW) model to operate an integrated online and offline on-demand retail business focused on the supply of fresh produce and fast-moving consumer goods (FMCG). Thanks to the “Missfresh” mobile app and the mini program integrated with third-party social platforms, consumers can easily buy quality groceries at their fingertips and have the best products delivered to their doorstep in 36 minutes, by medium.

Building on its core capabilities, Missfresh launched a smart fresh market activity in the second half of 2020. This innovative business model is dedicated to standardizing and transforming fresh markets into smart fresh shopping centers. Missfresh has also implemented a comprehensive stack of proprietary technologies that enable a wide range of neighborhood retail participants, such as supermarkets, fresh produce markets and local retailers, to effectively start and operate their businesses. digitally business.

For more information, please visit:

SOURCE MissFresh

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Are Albertsons and Tesco Too Late for the Retail Media Party? – RetailWire Tue, 04 Jan 2022 15:22:30 +0000

04 January 2022

Albertsons, the third largest grocer in the United States, and Tesco, the largest retailer in the United Kingdom, recently launched their own retail media networks to join the race against and others. retail rivals.

Albertson media program reaches 27 million Just for U loyalty members. Media opportunities include homepage, department, category, subcategory, email, search, app, and advertising placements. Albertsons pharmacy, as well as targeted offsite advertising placements.

Tesco media network, powered by dunnhumby, gives advertisers access to the UK-based supermarket chain’s 20 million customer loyalty database Clubcard for ad targeting and insight on everything. from individual personalization to larger mass campaigns.

The acceleration of e-commerce caused by the pandemic subsequently led to increased ad placements on retailer e-commerce sites and applications to influence consumers at the increasingly omnichannel point of purchase.

EMarketer identified retail media as one of the top five retail trends of 2022, predicting that they will account for 17.2% of digital sales in the United States, up from 14.9% in 2021 and 13 , 4% in 2020.

“The handy fruit of retail media has been the bottom-of-the-funnel search ads. But various retail media networks are evolving their advertising offerings to include more upper funnel awareness formats, such as digital signage and video, ” eMarketer written in a report. “Several also have their own demand side platforms (DSPs) or partner with other DSPs to serve targeted advertising beyond their owned and operated sites, including in ad-supported CTV.”

Forrester “Predictions 2022The report predicts that retail media spending will overtake Netflix and YouTube this year. Forrester wrote, “As zero and first party data becomes critical for marketers in 2022, retail media networks rich in data will live up to the occasion. ”

Best Buy and Dollar Tree also caused a sensation in 2021 with the launch of media networks, joining Walmart, Target, Kroger, CVS, Walgreens, Macy’s, Home Depot, Best Buy and others.

Amazon, however, remains far ahead. According to eMarketer, Amazon’s share of U.S. digital media revenue was 77.7% in 2021, up from 76.6% in 2020, and is only expected to drop to 76.9% in 2022, despite competition. Rounding out the top three for 2021, Walmart, with a 5.4% share, and Instacart, 1.7%.

DISCUSSION QUESTIONS: Can new entrants such as Albertsons and Tesco experience significant success in the retail media space compared to other retailers who have a head start? What is your overall outlook for retail media spending in the coming years?


“Tesco and Albertsons are not coming too late, if only because the partner brands of both companies will want to leverage the data and scale offered by the two retailers. “


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Record breaking holidays mean flood of record returns for retailers Sun, 02 Jan 2022 13:39:38 +0000

The first results are available and holiday retail sales were up 8.5% year-over-year from Nov. 1 to Dec. 24, according to Mastercard Spending Pulse. That’s low but still in line with the National Retail Federation’s (NRF) initial forecast of an 8.5% to 10.5% percent increase for the holidays, although it has since been even higher at 11. , 5%.

Accounting for non-auto retail consumer spending and all payment types, including cash and checks, Mastercard reports that sales grew 8.1% in-store and 11% in e-commerce.

But the biggest news is that e-commerce sales are up 61.4% from before the 2019 pandemic. This year, e-commerce accounted for more than 20% of consumers’ vacation spending, against 15% in 2019.

Exploring by retail category, Mastercard found that clothing stores grew the most with sales up almost 50% from the previous year. Jewelry stores saw sales increase by almost a third, and even department stores got a 21% boost.

“Consumers splurged throughout the season, with clothing and department stores experiencing strong growth as shoppers sought to put their best dressed foot forward,” commented Steve Sadove, Senior Advisor at Mastercard and former CEO and chairman of Saks.

But before retailers can take advantage of the windfall of exuberant consumer spending over the holidays, they’re going to have to deal with the inevitable consequence: returns. Last year, the NRF estimated that 13.3% of merchandise sold over the holiday season was returned, worth about $ 101 billion.

If returns continue to pace last year and retailers hit the NRF’s initial sales forecast of $ 843.3-859 billion, retailers can expect to receive between $ 112 billion and $ 114 billion. dollars in merchandise this year, including $ 43 billion to $ 45 billion in online sales.

However, in a survey of retailers, Inmar Intelligence found that 61% expect this year’s return rates to be even higher than last year.

And like everything else, these returns are going to cost retailers more. A report from CBRE-Optoro on Returns Logistics found that the cost of returns will increase by 7% this year when factoring in all processing, transportation, discount and clearance losses.

Nightmare after Christmas

Some retailers will be hit harder than others because returns are not distributed evenly among retailers. For example, online purchases are returned at a rate more than double that of in-store purchases. Returns can be as high as 40% for some retailers, suggested David Sobie, CEO of Happy Returns.

Happy Returns offers some 2,600 drop-off points where buyers can return their online purchases directly without having to print labels, packaging and shipping. And best of all, Happy Returns refunds immediately or makes an exchange. Happy Returns was recently acquired by PayPal

as a returns logistics arm, closing the loop of the 31 million companies for which it provides payment services.

Online fashion purchases are particularly vulnerable to returns. Bracketing, where customers buy multiple sizes to find the right size, is a common practice, with Navar research finding 58% of shoppers make it a habit. And even if they don’t regulate their purchases, fit, size or color are the main drivers of e-commerce returns, accounting for around 42% of them.

As mentioned, there is reason to believe that retailers will see an even higher rate of return this year than last year. First, consumers continue to go online for their holiday shopping, with more than half (52%) of shoppers surveyed by Navar saying they expected to buy more and less online in-store this year.

Second, buyers’ supply chain anxiety may have prompted them to make second or third choice purchases early, only to find the item they want later in the season, resulting in more returns. Or disappointed second and third choice gift recipients may decide to return unwanted items.

Needless to say, all of that returned merchandise will give a boost to service companies that help retailers liquidate excess inventory, like B-Stock Solutions, a B2B marketplace that allows retailers and brands to list, buy and sell surplus and returned goods.

“Last year we saw double-digit increases across the board as retailers look to optimize their inventory,” said Marcus Shen, COO of B-Stock.

“Having a generous and flexible returns policy is now part of the marketing strategy. A well-managed return policy helps convert visitors into buyers. As a result, the return rates are higher overall, which is obviously good for our business, ”he adds.

Many happy comebacks

While returns can be a nightmare for retailers, they are a necessary cost of doing business. And dealing with them wisely and efficiently from a customers’ perspective becomes even more important as more and more sales are made online.

“Consumers decide where to buy online based on the flexibility and ease of the returns process,” says Sucharita Kodali, vice president and senior analyst at Forrester.

. “It’s not something that retailers really like, but it’s now a cost to doing business, especially since so much of the sales for so many categories, clothing in particular, are in. line. “

Seeing returns as the next retail service differentiator, Forrester found that more than a third of American online consumers say fear of a complicated returns process has discouraged them from buying online.

“A tedious returns process alters the entire shopping experience, so in 2022 returns will become the hotspot of differentiation in retail. Return policies influence how consumers choose a retailer, ”says Kodali.

“Ease of returns means more places to return, quick refunds, return to a store, and having someone else wrap and return the package for you,” she adds.

Of course, the best way to deal with returns is to avoid them in the first place. That means better photography, more product details and posting customer reviews. In fashion, the stakes are even higher and require precise size charts and presenting a variety of models of different shapes and sizes.

Kodali concludes: “Smart retailers will follow

“Merchandising as a service offering” to better present products and avoid returns in the first place. “

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Retail investor sees gold reach record highs above $ 2,000 in 2022 Fri, 31 Dec 2021 20:42:00 +0000

Welcome to Kitco News’ Perspectives 2022 series. The new year will be filled with uncertainties as the Federal Reserve seeks to pivot and tighten monetary policies. At the same time, the inflationary threat continues to grow, meaning that real rates will stay in low to negative territory. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2022.

(Kitco News) – Retail investors remain markedly bullish on gold prices next year as the precious metal appears to end 2021 with a loss of nearly 4%.

Gold prices saw a solid upswing, surpassing $ 1,800 an ounce on the last trading day of 2021. Spot gold prices last traded at 1,827, $ 95 per ounce; however, the market started the year at $ 1,898 an ounce.

The year has been relatively disappointing for the gold market, which has seen quite volatile movements. Including a flash crash in August that saw the price drop below $ 1,700 an ounce. Gold prices have struggled to gain bullish attention even as real interest rates have fallen into historic negative territory, under extraordinary inflationary pressure.

Analysts note that the rise in consumer prices over the past year has met expectations that the Federal Reserve will tighten interest rates sooner than expected. At its December monetary policy meeting, the U.S. central bank announced that it would end its monthly bond purchases by March and could hike interest rates three times in 2022.

However, US monetary policy does not scare many retail investors who appear to be markedly bullish on gold as the new year approaches. According to Kitco News’ annual outlook survey, a clear majority of Main Street investors expect gold prices to hit new highs in 2022.

This year, nearly 3,000 people took part in Kitco’s annual online survey. Of those 1,605, 54% said they saw gold prices above $ 2,000. Meanwhile, 592 voters, or 20%, said gold would trade between $ 1,900 and $ 2,000.

In last year’s Price Outlook Survey, 84% of retail investors expected gold prices to exceed $ 2,000.

The results show that only 352 retail investors or 12% see gold prices remaining relatively stable in the current range between $ 1,800 and $ 1,900 per ounce.

Meanwhile, 158 or 5% of participants see the price of gold trading between $ 1,700 and $ 1,800 an ounce.

On the purely bearish side, 109 voters or less than 4% see gold prices trading between $ 1,600 and $ 1,700 an ounce, and 130 people just over 4% see gold prices plummet. below $ 1,600 per ounce.

There have been a few bearish calls that have stood out in recent weeks. Analysts at JPMorgan Research said gold prices could average around $ 1,520 by the fourth quarter of 2022.

Meanwhile, Georgette Boele, senior currency and precious metals strategist for the Dutch bank, said she expects gold prices to drop to $ 1,500 an ounce by the end of next year. .

Wall Street analysts don’t have a clear consensus on where gold prices will go next year. Many analysts have said that while the specter of a rate hike next year could weigh on gold prices, much of the bad news has been incorporated.

Many banks see gold prices trading in a reasonably wide range, between $ 1,800 and $ 2,000. The most important factor for the price of gold in 2022 remains real interest rates. Although the Federal Reserve is looking to hike interest rates three times next year, many economists expect inflation to stay above 4%, which means real rates will stay deeply in. negative territory. Almost all economists predict that the Federal Reserve will stay well below the inflation curve in 2022.

Among the bullish banks, Goldman Sachs is one of the more bullish. In November, analysts said they saw prices surpass $ 2,000 an ounce by the end of the year.

Wells Fargo is also bullish on gold next year, looking for $ 2,000 an ounce as precious metals games catch up with the rest of the commodities complex. John LaForge, head of real assets strategy for gold at Wells Fargo, will be sensitive to US monetary policy in 2022; however, he added that the Federal Reserve is unlikely to adopt overly aggressive monetary policies.

Warning: The opinions expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure the accuracy of the information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is for informational purposes only. It is not a solicitation to effect an exchange of commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article accept no responsibility for any loss and / or damage resulting from the use of this publication.

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Dada Group and Kimberly-Clark China Strengthen Partnership to Create New Growth of On-Demand Retail Healthcare Brands Thu, 30 Dec 2021 02:57:00 +0000

According to the Dada Group on-demand retail platform, data from JDDJ and Shop Now, sales of mom and baby products, as well as sanitary products continue to grow rapidly as delivery services continue to grow rapidly. within an hour and on-demand consumption flourished this year. There is great potential for a sustainable expansion of the strategic cooperation between Dada and Kimberly-Clark China. As part of the cooperation agreement for 2022, the Dada Group will deepen its cooperation with Kimberly-Clark China via Shop Now’s omnichannel strategy, product optimization, marketing promotion, regional coordination and tripartite collaboration to drive new growth in categories such as mom and baby and sanitary products.

In november 2018, Kimberly-Clark China and the Dada group have previously entered into a collaboration agreement. The two companies announced in October 2020 that they had deepened their strategic cooperation by developing a new on-demand retail model of healthcare brands. During the three-year close cooperation, Kimberly-Clark China has experienced a strong continuous increase in sales on the JDDJ platform. This partnership has forced the development of healthcare brands in the on-demand retail market.

During the Women’s Day Festival this year, JDDJ and Kimberly-Clark China jointly launched the Super Brand Day marketing campaign. Leveraging the participation of celebrities, the event integrated the resources of online platforms and offline supermarkets, triggering a boom in the “She-Economy”, achieving a win-win partnership between the platform and the brand. During the event, KC China’s sales on the JDDJ platform increased more than 3.2 times compared to the same period last year, and more than 8.6 times per compared to last month’s sales. For five consecutive days in category sales, Kimberly-Clark China became the first brand.

The achievement of the cooperation has benefited from their close partnership and marketing innovations and is also rooted in the comprehensive and mature on-demand retail brand ecosystem established by JDDJ. Through closer cooperation, the two companies will create greater value for consumers and industry.

About the Dada group

Dada Group is a leading local on-demand retail and delivery platform in China. It operates JDDJ, one of China’s largest on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and shippers. individual products from various sectors and product categories. The Company’s two platforms are interconnected and mutually beneficial. The Dada Now platform enables a better delivery experience for participants on the JDDJ platform. with its easily accessible fulfillment solutions and strong on-demand delivery infrastructure Meanwhile, the vast on-demand delivery order volume of the JDDJ platform increases the volume and order density for the platform. -form Dada Now. In june 2020, the Dada Group began trading on the Nasdaq Global Market under the ticker symbol “DADA”.

On Kimberly-Clark China

Kimberly-Clark and its trusted brands are an indispensable part of the lives of people in more than 175 countries and regions. Fueled by ingenuity, creativity, and an understanding of people’s most basic needs, we create products that help people experience more of what is important to them. In 1994, Kimberly-Clark entered the Chinese market and our portfolio of brands including Huggies, Kleenex, Kotex, Poise and Depend. We use sustainable practices that support a healthy planet, build strong communities and ensure the prosperity of our business for decades to come. To stay up to date with the latest news and learn more about the company’s nearly 150 years of innovation, visit

SOURCE Dada Group

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