Print section

UK Only Article: 
standard article

Fly Title: 

Tills and skills

Main image: 

20170513_ldp501.jpg

IT USED to be the American shopper that exemplified the state of the world economy. The focus now should be on the person on the other side of the till. America’s retail industry is huge: it employs 15.9m workers, who represent one in nine American jobs. It is also undergoing wrenching change, as e-commerce eats into sales. There is no more pressing test of society’s ability to cope with technology’s impact on work.
That impact is already visible (see article). For all the benefits that online retailing brings to consumers, it is causing immense pain to offline rivals. Last year 4,000 American stores closed; this year more than twice that number may shutter. Standard & Poor’s, a rating agency, expects retail defaults this year to outnumber those in 2009, at the height of the global recession. Some formats—discount stores, groceries, high-end malls—will continue to thrive. But many will shrink. The industry has shed 50,000 net jobs since January. Department stores may need to close more than 800 stores to reach the …
Source: Retailing
Tills and skills: How to prepare America’s retail workers for technological change

Print section
Print Rubric: 

The decline of established ways of shopping is a threat to workers and investors

Print Headline: 

Sorry, we’re closed

Print Fly Title: 

American retailing

UK Only Article: 
standard article

Issue: 

The policy designed to make America great again

Fly Title: 

Sorry, we’re closed

Location: 

New York

Main image: 

20170513_bbp010.jpg

IT DOESN’T look like much but Staten Island Mall is optimism in a cement box. Like all such retail spaces the temperature is carefully calibrated. Bland pop music wafts down beige halls. Its biggest tenants are America’s unholy trinity of struggling retailers: Macy’s, J.C. Penney and Sears, all of which are closing stores. This mall, however, is undergoing a rebirth.
Gangs of builders are hard at work on a 235,000-square-foot expansion, adding …
Source: Retailing
Sorry, we’re closed: The decline of established American retailing threatens jobs

Print section
Print Rubric: 

A Brexit-related decision on atomic energy could cause chaos

Print Headline: 

The nuclear cliff-edge

Print Fly Title: 

Euratom

UK Only Article: 
standard article

Issue: 

The data economy demands a new approach to antitrust

Fly Title: 

The nuclear cliff-edge

Main image: 

20170506_brp509.jpg

THE government’s stand-off with Brussels is less than a week old but already one aspect of the Brexit divorce is causing severe collywobbles in Britain: withdrawal from the European Atomic Energy Community (Euratom), which oversees the EU’s nuclear industry. A cross-party committee of MPs, as well as the industry itself, said this week that an abrupt departure in two years’ time could be disastrous. It is also a real possibility.
Euratom, started in 1957, provides safeguards for trade in nuclear materials, ensuring they are not diverted to rogue …
Source: Utilities
The nuclear cliff-edge: What if Britain crashes out of Euratom?

Print section
Print Rubric: 

A Brexit-related decision on atomic energy could cause chaos

Print Headline: 

The nuclear cliff-edge

Print Fly Title: 

Euratom

UK Only Article: 
standard article

Issue: 

The data economy demands a new approach to antitrust

Fly Title: 

The nuclear cliff-edge

Main image: 

20170506_brp509.jpg

THE government’s stand-off with Brussels is less than a week old but already one aspect of the Brexit divorce is causing severe collywobbles in Britain: withdrawal from the European Atomic Energy Community (Euratom), which oversees the EU’s nuclear industry. A cross-party committee of MPs, as well as the industry itself, said this week that an abrupt departure in two years’ time could be disastrous. It is also a real possibility.
Euratom, started in 1957, provides safeguards for trade in nuclear materials, ensuring they are not diverted to rogue …
Source: Utilities
The nuclear cliff-edge: What if Britain crashes out of Euratom?