California startup LevaData just got a big boost. Bain & Co. on Tuesday (Oct. 13) announced it has begun using San Jose-based firm’s supply chain management platform in its work with consulting clients. The coronavirus pandemic, which has led to a surge in demand for...
The massive surge in online grocery orders in wake of the coronavirus may have permanently altered shopping habits, which, while a boon to consumers, could pose a challenge to the bottom line of retailers, a new report finds. A significant proportion of the increase in...
Neiman Marcus’s bankruptcy filing on Thursday (May 7) may go unnoticed by many consumers. Amid lockdowns and a global economic collapse not seen since the Great Depression, the luxury industry faces a challenge like never before, according to a Bain & Company survey. While sales...
A study to be released Friday (Dec. 19) shows that mobile interactions are soaring, but that’s not entirely a good thing. The report, from Bain & Co., also shows that digital-only customers are less loyal, less engaged and purchase fewer products. Looks like those branches...
November 18, 2020
While the ongoing COVID-19 pandemic has hit the luxury goods market hard, it has also spurred underlying change in the business, according to a new study by Bain & Co. The market for high-end personal goods has plunged 23 percent since 2019 to EUR217 billion, the study found. That’s the first major contraction of the […]
July 09, 2020
The massive surge in online grocery orders in wake of the coronavirus may have permanently altered shopping habits, which, while a boon to consumers, could pose a challenge to the...
May 07, 2020
Neiman Marcus’s bankruptcy filing on Thursday (May 7) may go unnoticed by many consumers. Amid lockdowns and a global economic collapse not seen since the Great Depression, the luxury industry...
December 19, 2014
A study to be released Friday (Dec. 19) shows that mobile interactions are soaring, but that’s not entirely a good thing. The report, from Bain & Co., also shows that...