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- WeijunnWeijunn
  ·2021-09-08
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- WeijunnWeijunn
  ·2021-08-31
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- WeijunnWeijunn
  ·2021-08-31
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- WeijunnWeijunn
  ·2021-08-27
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- WeijunnWeijunn
  ·2021-08-25
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- WeijunnWeijunn
  ·2021-08-24
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- WeijunnWeijunn
  ·2021-08-21
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- WeijunnWeijunn
  ·2021-08-20
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  Amazon Plans to Open Large Retail Locations Akin to Department Stores<blockquote>亚马逊计划开设类似百货商店的大型零售点</blockquote>
  Online shopping pioneer wants a larger retail presence to sell clothing and household items and faci
  Amazon Plans to Open Large Retail Locations Akin to Department Stores<blockquote>亚马逊计划开设类似百货商店的大型零售点</blockquote>
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- WeijunnWeijunn
  ·2021-08-19
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  Inflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic<blockquote>美国的通货膨胀率高于其他地方，但不要惊慌</blockquote>
  While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by
  Inflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic<blockquote>美国的通货膨胀率高于其他地方，但不要惊慌</blockquote>
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- WeijunnWeijunn
  ·2021-08-18
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,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/838277899","repostId":"1147944508","repostType":4,"repost":{"id":"1147944508","kind":"news","pubTimestamp":1629416654,"share":"https://www.laohu8.com/m/news/1147944508?lang=zh_CN&edition=full","pubTime":"2021-08-20 07:44","market":"us","language":"en","title":"Amazon Plans to Open Large Retail Locations Akin to Department Stores<blockquote>亚马逊计划开设类似百货商店的大型零售点</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147944508","media":"The Wall Street Journal","summary":"Online shopping pioneer wants a larger retail presence to sell clothing and household items and faci","content":"<p>Online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges</p><p><blockquote>在线购物先驱希望拥有更大的零售业务来销售服装和家居用品并促进交流</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c9636afd2930660d1ff0c50ce38f3f33\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Amazon is stepping up its move into bricks-and-mortar retail, an area once dominated by department stores like Sears.</span></p><p><blockquote><p class=\"t-img-caption\"><span>亚马逊正在加紧进军实体零售业，这一领域曾经由西尔斯等百货公司主导。</span></p></blockquote></p><p> Amazon.com&nbsp;Inc.&nbsp;plans to open several large physical retail locations in the U.S. that will operate akin to department stores, a step to help the tech company extend its reach in sales of clothing, household items, electronics and other areas, people familiar with the matter said.</p><p><blockquote>知情人士称，亚马逊计划在美国开设几家类似百货商店的大型实体零售店，此举将帮助这家科技公司扩大在服装、家居用品、电子产品和其他领域的销售范围。</blockquote></p><p> The plan to launch large stores will mark a new expansion for the online-shopping pioneer into bricks-and-mortar retail, an area Amazon has long disrupted.</p><p><blockquote>开设大型商店的计划将标志着这家在线购物先驱向实体零售领域的新扩张，而实体零售领域是亚马逊长期以来一直颠覆的领域。</blockquote></p><p> Some of the first Amazon department stores are expected to be located in Ohio and California, the people said. The new retail spaces will be around 30,000 square feet, smaller than most department stores, which typically occupy about 100,000 square feet, and will offer items from top consumer brands. The Amazon stores will dwarf many of the company’s other physical retail spaces and will have a footprint similar to scaled-down formats that Bloomingdale’s Inc.,Nordstrom&nbsp;Inc.&nbsp;and other department-store chains have begun opening, the people said.</p><p><blockquote>知情人士称，首批亚马逊百货商店中的一些预计将位于俄亥俄州和加利福尼亚州。新的零售空间将约为30,000平方英尺，小于大多数百货商店，后者通常占地约100,000平方英尺，并将提供顶级消费品牌的商品。知情人士称，亚马逊商店将使该公司的许多其他实体零售空间相形见绌，其足迹将类似于Bloomingdale's Inc.、Nordstrom Inc.和其他百货连锁店已经开始开设的缩小规模的业态。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d67f9de0074029db2427cb052caf03fc\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>Chains including J.C. Penney have emerged from bankruptcy protection with new owners.</span></p><p><blockquote><p class=\"t-img-caption\"><span>包括J.C。彭尼公司已经摆脱了破产保护，有了新主人。</span></p></blockquote></p><p> It is unclear what brands Amazon will offer in the stores, although the company’s private-label goods are expected to feature prominently, the people said. Amazon sells scores of products including clothes, furniture, batteries and electronic devices through many of its own labels. The plans aren’t yet final and could change, these people said.</p><p><blockquote>知情人士表示，目前尚不清楚亚马逊将在商店中提供哪些品牌，尽管该公司的自有品牌商品预计将占据显着位置。亚马逊通过许多自有品牌销售数十种产品，包括衣服、家具、电池和电子设备。这些人说，这些计划还没有最终确定，可能会改变。</blockquote></p><p> Amazon’s plans represent an evolution in the company’s efforts to move into bricks-and-mortar retail after years of taking market share from big-box operators—moves that helped to push many into bankruptcy. The company’s growth in online shopping helped accelerate the fall of mall operators and other once-potent physical-store empires.Amazon is now the largest seller&nbsp;of clothing in the U.S., surpassing&nbsp;Walmart&nbsp;Inc.,according to Wells Fargo &amp; Co.</p><p><blockquote>亚马逊的计划代表了该公司在多年从大型运营商手中夺取市场份额后进军实体零售业的努力的演变——这些举措导致许多公司破产。该公司在线购物的增长加速了购物中心运营商和其他曾经强大的实体店帝国的衰落。根据富国银行的数据，亚马逊现在是美国最大的服装销售商，超过了沃尔玛公司。</blockquote></p><p> Founded in 1994 as an online bookseller, Amazon has gradually gained a foothold in physical retail through the opening of book stores,grocery outlets&nbsp;and other physical spaces. The company bought the grocer Whole Foods Market in 2017.</p><p><blockquote>亚马逊成立于1994年，是一家在线书商，通过开设书店、杂货店等实体空间，逐渐在实体零售领域站稳脚跟。该公司于2017年收购了杂货商Whole Foods Market。</blockquote></p><p> Amazon is pushing into an area that has struggled for decades. Department stores were once big, exciting places to shop, where consumers could find everything from toaster ovens to evening gowns under one roof. But they have lost out to discounters, fast-fashion retailers and online players. A generation ago, department stores comprised 10% of retail sales, excluding automobiles, gas and restaurants, according to estimates by the consulting firm Customer Growth Partners. So far this year, they account for less than 1%.</p><p><blockquote>亚马逊正在进军一个已经苦苦挣扎了几十年的领域。百货商店曾经是令人兴奋的大型购物场所，消费者可以在一个屋檐下找到从烤面包机到晚礼服的一切。但他们已经输给了折扣店、快时尚零售商和在线玩家。根据咨询公司Customer Growth Partners的估计，一代人以前，百货商店占零售额的10%，不包括汽车、天然气和餐馆。今年到目前为止，它们所占的比例还不到1%。</blockquote></p><p> Their troubles worsened last year during the depths of the Covid-19 pandemic, when J.C. Penney, Neiman Marcus Group Inc., Lord &amp; Taylor and Stage Stores Inc.&nbsp;filed for bankruptcy. J.C. Penney and Neiman Marcus emerged from court protection under new owners. Lord &amp; Taylor now sells only online, and Stage Stores liquidated.</p><p><blockquote>去年在新冠肺炎疫情的深处，他们的麻烦变得更加严重。彭尼、内曼·马库斯集团公司、洛德&amp;泰勒和舞台商店公司申请破产。J.C.彭尼和内曼·马库斯在新主人的带领下摆脱了法庭保护。Lord&amp;Taylor现在只在网上销售，舞台商店也被清算了。</blockquote></p><p> Analysts and industry executives aren’t counting department stores out just yet. Chains including&nbsp;Macy’s&nbsp;Inc.&nbsp;and&nbsp;Kohl’s&nbsp;Corp.&nbsp;reported strong sales Thursday as shoppers restocked their closets after reducing clothing purchases last year. The shares of both chains jumped Thursday.</p><p><blockquote>分析师和行业高管还没有将百货公司排除在外。梅西百货(Macy's Inc.)和美国柯尔百货公司(Kohl's Corp.)等连锁店周四报告销售强劲，购物者在去年减少服装购买后重新进货。两家连锁店的股价周四均上涨。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/674ac6c89fb6009753f0194a611af973\" tg-width=\"1890\" tg-height=\"1260\" width=\"100%\" height=\"auto\"><span>Macy’s is benefiting as shoppers update their wardrobes after cutting back on clothing purchases last year.</span></p><p><blockquote><p class=\"t-img-caption\"><span>随着购物者在去年减少服装购买后更新衣柜，梅西百货正在受益。</span></p></blockquote></p><p> “People are absolutely returning and shopping in department stores,” John Idol, the chief executive of the Michael Kors parent&nbsp;Capri Holdings&nbsp;Ltd.&nbsp;told analysts on a conference call last month.</p><p><blockquote>Michael Kors母公司Capri Holdings Ltd.首席执行官John Idol上个月在电话会议上对分析师表示：“人们绝对会重返百货商店购物。”</blockquote></p><p> Amazon approached some U.S. apparel brands roughly two years ago with the idea of opening large-scale stores that would showcase their products, a person familiar with the matter said.</p><p><blockquote>一位知情人士表示，大约两年前，亚马逊与一些美国服装品牌接洽，希望开设大型商店来展示他们的产品。</blockquote></p><p></p><p> An expanded store footprint would enable Amazon to offer consumers a bevy of items they could try out in person before deciding to buy. That would be particularly beneficial in apparel, which can often be a guessing game for customers shopping online because of size and fit concerns. It would also give customers even more instant gratification than the quick shipping offered by Amazon for online purchases.</p><p><blockquote>扩大商店足迹将使亚马逊能够为消费者提供一系列商品，他们可以在决定购买之前亲自试用。这在服装领域尤其有利，因为出于尺寸和合身性的考虑，对于网上购物的顾客来说，服装往往是一场猜谜游戏。它还会给顾客带来比亚马逊为网上购物提供的快速运输更多的即时满足感。</blockquote></p><p> Amazon executives have felt that bricks-and-mortar stores would enable better engagement with customers and provide a showcase for its devices and other products to shoppers who otherwise might not have tried them, a person familiar with the matter said. The company has sought to innovate in bricks and mortar while building a network of stores that could glean insightful customer data and provide new shopping experiences.</p><p><blockquote>一位知情人士表示，亚马逊高管认为，实体店可以更好地与顾客互动，并为可能不会尝试过的购物者提供展示其设备和其他产品的机会。该公司一直在寻求实体创新，同时建立一个可以收集有见地的客户数据并提供新购物体验的商店网络。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4331d12588b278f9081ae6c943c78038\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>The more than two dozen Amazon 4-star stores sell gadgets from electronics to kitchen products.</span></p><p><blockquote><p class=\"t-img-caption\"><span>二十多家亚马逊四星级商店出售从电子产品到厨房产品的小工具。</span></p></blockquote></p><p> While physical stores took a hit during the pandemic as people sheltered at home, foot traffic has gradually returned, although it remains below 2019 levels, according to ShopperTrak, which uses cameras to count traffic in U.S. retail stores.</p><p><blockquote>使用摄像头统计美国零售店客流量的ShopperTrak表示，虽然实体店在疫情期间因人们躲在家里而受到打击，但客流量已逐渐恢复，尽管仍低于2019年的水平。</blockquote></p><p> Amazon’s physical-store sales declined roughly 5% last year as customers shopped more online because of the pandemic. Year-over-year sales for the segment grew 11% during the second quarter this year.</p><p><blockquote>由于疫情导致顾客更多地在网上购物，亚马逊的实体店销售额去年下降了约5%。今年第二季度，该部门的销售额同比增长11%。</blockquote></p><p> The company has in recent years invested more in building out its fashion business and giving shoppers increased alternatives regarding the purchase of apparel.Amazon has had a tougher time&nbsp;breaking into high-end fashion. Although Oscar de la Renta began selling cocktail dresses on Amazon’s website last year, few other luxury brands have followed.</p><p><blockquote>近年来，该公司加大了对时尚业务的投资，并为购物者提供了更多购买服装的选择。亚马逊在进军高端时尚领域方面遇到了更多困难。尽管奥斯卡·德拉伦塔去年开始在亚马逊网站上销售鸡尾酒礼服，但很少有其他奢侈品牌跟进。</blockquote></p><p> Over the years, Amazon has used its clout to expand into new markets, disrupting some industries and gaining strength in many others, including entertainment, groceries, healthcare and more. While the extent to which its physical-retail ambitions will grow isn’t clear, the company has been steadily adding stores for years.</p><p><blockquote>多年来，亚马逊利用其影响力扩展到新市场，颠覆了一些行业，并在许多其他行业获得了实力，包括娱乐、杂货、医疗保健等。虽然其实体零售雄心将增长到何种程度尚不清楚，但该公司多年来一直在稳步增加门店。</blockquote></p><p> Amazon opened&nbsp;its first physical store in 2015, a bookstore in Seattle. It tried to set the stores apart from competitors by providing discounts to Amazon Prime customers, offering its own devices for testing and sale, and creating a highly curated selection of books based on a ratings system.</p><p><blockquote>亚马逊在2015年开设了第一家实体店，西雅图的一家书店。它试图通过向亚马逊Prime客户提供折扣、提供自己的测试和销售设备以及根据评级系统创建高度精选的书籍来将商店与竞争对手区分开来。</blockquote></p><p> Amazon now operates more than 20 bookstores throughout the country, as well as more than two dozen Amazon 4-star stores, outlets that sell gadgets from electronics to kitchen products. The 4-star stores have typically been around 4,000 square feet. Two years ago, the company said&nbsp;it would close many “pop-up” stores&nbsp;it had opened in malls. The small shops showcased such devices as smart speakers, tablets and Kindle e-readers.</p><p><blockquote>亚马逊现在在全国经营着20多家书店，以及20多家亚马逊四星级商店，这些商店出售从电子产品到厨房产品的小工具。四星级商店通常在4000平方英尺左右。两年前，该公司表示将关闭许多在商场开设的“快闪”商店。小商店展示了智能音箱、平板电脑和Kindle电子阅读器等设备。</blockquote></p><p> The company’s technological innovations have been particularly present in its line of grocery stores, which began with its purchase of Whole Foods. Those now include its cashierless Amazon Go convenience stores in Chicago, New York, San Francisco and Seattle and its more conventional Amazon Fresh stores across several states. It is unclear if Amazon is planning to introduce any store features such as cashierless technology at the new retail locations.</p><p><blockquote>该公司的技术创新尤其体现在其杂货店系列中，该系列始于收购全食超市。现在，其中包括位于芝加哥、纽约、旧金山和西雅图的无收银员Amazon Go便利店以及位于多个州的更传统的Amazon Fresh商店。目前尚不清楚亚马逊是否计划在新零售点引入任何商店功能，如无收银技术。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Plans to Open Large Retail Locations Akin to Department Stores<blockquote>亚马逊计划开设类似百货商店的大型零售点</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Plans to Open Large Retail Locations Akin to Department Stores<blockquote>亚马逊计划开设类似百货商店的大型零售点</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-08-20 07:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges</p><p><blockquote>在线购物先驱希望拥有更大的零售业务来销售服装和家居用品并促进交流</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c9636afd2930660d1ff0c50ce38f3f33\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Amazon is stepping up its move into bricks-and-mortar retail, an area once dominated by department stores like Sears.</span></p><p><blockquote><p class=\"t-img-caption\"><span>亚马逊正在加紧进军实体零售业，这一领域曾经由西尔斯等百货公司主导。</span></p></blockquote></p><p> Amazon.com&nbsp;Inc.&nbsp;plans to open several large physical retail locations in the U.S. that will operate akin to department stores, a step to help the tech company extend its reach in sales of clothing, household items, electronics and other areas, people familiar with the matter said.</p><p><blockquote>知情人士称，亚马逊计划在美国开设几家类似百货商店的大型实体零售店，此举将帮助这家科技公司扩大在服装、家居用品、电子产品和其他领域的销售范围。</blockquote></p><p> The plan to launch large stores will mark a new expansion for the online-shopping pioneer into bricks-and-mortar retail, an area Amazon has long disrupted.</p><p><blockquote>开设大型商店的计划将标志着这家在线购物先驱向实体零售领域的新扩张，而实体零售领域是亚马逊长期以来一直颠覆的领域。</blockquote></p><p> Some of the first Amazon department stores are expected to be located in Ohio and California, the people said. The new retail spaces will be around 30,000 square feet, smaller than most department stores, which typically occupy about 100,000 square feet, and will offer items from top consumer brands. The Amazon stores will dwarf many of the company’s other physical retail spaces and will have a footprint similar to scaled-down formats that Bloomingdale’s Inc.,Nordstrom&nbsp;Inc.&nbsp;and other department-store chains have begun opening, the people said.</p><p><blockquote>知情人士称，首批亚马逊百货商店中的一些预计将位于俄亥俄州和加利福尼亚州。新的零售空间将约为30,000平方英尺，小于大多数百货商店，后者通常占地约100,000平方英尺，并将提供顶级消费品牌的商品。知情人士称，亚马逊商店将使该公司的许多其他实体零售空间相形见绌，其足迹将类似于Bloomingdale's Inc.、Nordstrom Inc.和其他百货连锁店已经开始开设的缩小规模的业态。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d67f9de0074029db2427cb052caf03fc\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>Chains including J.C. Penney have emerged from bankruptcy protection with new owners.</span></p><p><blockquote><p class=\"t-img-caption\"><span>包括J.C。彭尼公司已经摆脱了破产保护，有了新主人。</span></p></blockquote></p><p> It is unclear what brands Amazon will offer in the stores, although the company’s private-label goods are expected to feature prominently, the people said. Amazon sells scores of products including clothes, furniture, batteries and electronic devices through many of its own labels. The plans aren’t yet final and could change, these people said.</p><p><blockquote>知情人士表示，目前尚不清楚亚马逊将在商店中提供哪些品牌，尽管该公司的自有品牌商品预计将占据显着位置。亚马逊通过许多自有品牌销售数十种产品，包括衣服、家具、电池和电子设备。这些人说，这些计划还没有最终确定，可能会改变。</blockquote></p><p> Amazon’s plans represent an evolution in the company’s efforts to move into bricks-and-mortar retail after years of taking market share from big-box operators—moves that helped to push many into bankruptcy. The company’s growth in online shopping helped accelerate the fall of mall operators and other once-potent physical-store empires.Amazon is now the largest seller&nbsp;of clothing in the U.S., surpassing&nbsp;Walmart&nbsp;Inc.,according to Wells Fargo &amp; Co.</p><p><blockquote>亚马逊的计划代表了该公司在多年从大型运营商手中夺取市场份额后进军实体零售业的努力的演变——这些举措导致许多公司破产。该公司在线购物的增长加速了购物中心运营商和其他曾经强大的实体店帝国的衰落。根据富国银行的数据，亚马逊现在是美国最大的服装销售商，超过了沃尔玛公司。</blockquote></p><p> Founded in 1994 as an online bookseller, Amazon has gradually gained a foothold in physical retail through the opening of book stores,grocery outlets&nbsp;and other physical spaces. The company bought the grocer Whole Foods Market in 2017.</p><p><blockquote>亚马逊成立于1994年，是一家在线书商，通过开设书店、杂货店等实体空间，逐渐在实体零售领域站稳脚跟。该公司于2017年收购了杂货商Whole Foods Market。</blockquote></p><p> Amazon is pushing into an area that has struggled for decades. Department stores were once big, exciting places to shop, where consumers could find everything from toaster ovens to evening gowns under one roof. But they have lost out to discounters, fast-fashion retailers and online players. A generation ago, department stores comprised 10% of retail sales, excluding automobiles, gas and restaurants, according to estimates by the consulting firm Customer Growth Partners. So far this year, they account for less than 1%.</p><p><blockquote>亚马逊正在进军一个已经苦苦挣扎了几十年的领域。百货商店曾经是令人兴奋的大型购物场所，消费者可以在一个屋檐下找到从烤面包机到晚礼服的一切。但他们已经输给了折扣店、快时尚零售商和在线玩家。根据咨询公司Customer Growth Partners的估计，一代人以前，百货商店占零售额的10%，不包括汽车、天然气和餐馆。今年到目前为止，它们所占的比例还不到1%。</blockquote></p><p> Their troubles worsened last year during the depths of the Covid-19 pandemic, when J.C. Penney, Neiman Marcus Group Inc., Lord &amp; Taylor and Stage Stores Inc.&nbsp;filed for bankruptcy. J.C. Penney and Neiman Marcus emerged from court protection under new owners. Lord &amp; Taylor now sells only online, and Stage Stores liquidated.</p><p><blockquote>去年在新冠肺炎疫情的深处，他们的麻烦变得更加严重。彭尼、内曼·马库斯集团公司、洛德&amp;泰勒和舞台商店公司申请破产。J.C.彭尼和内曼·马库斯在新主人的带领下摆脱了法庭保护。Lord&amp;Taylor现在只在网上销售，舞台商店也被清算了。</blockquote></p><p> Analysts and industry executives aren’t counting department stores out just yet. Chains including&nbsp;Macy’s&nbsp;Inc.&nbsp;and&nbsp;Kohl’s&nbsp;Corp.&nbsp;reported strong sales Thursday as shoppers restocked their closets after reducing clothing purchases last year. The shares of both chains jumped Thursday.</p><p><blockquote>分析师和行业高管还没有将百货公司排除在外。梅西百货(Macy's Inc.)和美国柯尔百货公司(Kohl's Corp.)等连锁店周四报告销售强劲，购物者在去年减少服装购买后重新进货。两家连锁店的股价周四均上涨。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/674ac6c89fb6009753f0194a611af973\" tg-width=\"1890\" tg-height=\"1260\" width=\"100%\" height=\"auto\"><span>Macy’s is benefiting as shoppers update their wardrobes after cutting back on clothing purchases last year.</span></p><p><blockquote><p class=\"t-img-caption\"><span>随着购物者在去年减少服装购买后更新衣柜，梅西百货正在受益。</span></p></blockquote></p><p> “People are absolutely returning and shopping in department stores,” John Idol, the chief executive of the Michael Kors parent&nbsp;Capri Holdings&nbsp;Ltd.&nbsp;told analysts on a conference call last month.</p><p><blockquote>Michael Kors母公司Capri Holdings Ltd.首席执行官John Idol上个月在电话会议上对分析师表示：“人们绝对会重返百货商店购物。”</blockquote></p><p> Amazon approached some U.S. apparel brands roughly two years ago with the idea of opening large-scale stores that would showcase their products, a person familiar with the matter said.</p><p><blockquote>一位知情人士表示，大约两年前，亚马逊与一些美国服装品牌接洽，希望开设大型商店来展示他们的产品。</blockquote></p><p></p><p> An expanded store footprint would enable Amazon to offer consumers a bevy of items they could try out in person before deciding to buy. That would be particularly beneficial in apparel, which can often be a guessing game for customers shopping online because of size and fit concerns. It would also give customers even more instant gratification than the quick shipping offered by Amazon for online purchases.</p><p><blockquote>扩大商店足迹将使亚马逊能够为消费者提供一系列商品，他们可以在决定购买之前亲自试用。这在服装领域尤其有利，因为出于尺寸和合身性的考虑，对于网上购物的顾客来说，服装往往是一场猜谜游戏。它还会给顾客带来比亚马逊为网上购物提供的快速运输更多的即时满足感。</blockquote></p><p> Amazon executives have felt that bricks-and-mortar stores would enable better engagement with customers and provide a showcase for its devices and other products to shoppers who otherwise might not have tried them, a person familiar with the matter said. The company has sought to innovate in bricks and mortar while building a network of stores that could glean insightful customer data and provide new shopping experiences.</p><p><blockquote>一位知情人士表示，亚马逊高管认为，实体店可以更好地与顾客互动，并为可能不会尝试过的购物者提供展示其设备和其他产品的机会。该公司一直在寻求实体创新，同时建立一个可以收集有见地的客户数据并提供新购物体验的商店网络。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4331d12588b278f9081ae6c943c78038\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>The more than two dozen Amazon 4-star stores sell gadgets from electronics to kitchen products.</span></p><p><blockquote><p class=\"t-img-caption\"><span>二十多家亚马逊四星级商店出售从电子产品到厨房产品的小工具。</span></p></blockquote></p><p> While physical stores took a hit during the pandemic as people sheltered at home, foot traffic has gradually returned, although it remains below 2019 levels, according to ShopperTrak, which uses cameras to count traffic in U.S. retail stores.</p><p><blockquote>使用摄像头统计美国零售店客流量的ShopperTrak表示，虽然实体店在疫情期间因人们躲在家里而受到打击，但客流量已逐渐恢复，尽管仍低于2019年的水平。</blockquote></p><p> Amazon’s physical-store sales declined roughly 5% last year as customers shopped more online because of the pandemic. Year-over-year sales for the segment grew 11% during the second quarter this year.</p><p><blockquote>由于疫情导致顾客更多地在网上购物，亚马逊的实体店销售额去年下降了约5%。今年第二季度，该部门的销售额同比增长11%。</blockquote></p><p> The company has in recent years invested more in building out its fashion business and giving shoppers increased alternatives regarding the purchase of apparel.Amazon has had a tougher time&nbsp;breaking into high-end fashion. Although Oscar de la Renta began selling cocktail dresses on Amazon’s website last year, few other luxury brands have followed.</p><p><blockquote>近年来，该公司加大了对时尚业务的投资，并为购物者提供了更多购买服装的选择。亚马逊在进军高端时尚领域方面遇到了更多困难。尽管奥斯卡·德拉伦塔去年开始在亚马逊网站上销售鸡尾酒礼服，但很少有其他奢侈品牌跟进。</blockquote></p><p> Over the years, Amazon has used its clout to expand into new markets, disrupting some industries and gaining strength in many others, including entertainment, groceries, healthcare and more. While the extent to which its physical-retail ambitions will grow isn’t clear, the company has been steadily adding stores for years.</p><p><blockquote>多年来，亚马逊利用其影响力扩展到新市场，颠覆了一些行业，并在许多其他行业获得了实力，包括娱乐、杂货、医疗保健等。虽然其实体零售雄心将增长到何种程度尚不清楚，但该公司多年来一直在稳步增加门店。</blockquote></p><p> Amazon opened&nbsp;its first physical store in 2015, a bookstore in Seattle. It tried to set the stores apart from competitors by providing discounts to Amazon Prime customers, offering its own devices for testing and sale, and creating a highly curated selection of books based on a ratings system.</p><p><blockquote>亚马逊在2015年开设了第一家实体店，西雅图的一家书店。它试图通过向亚马逊Prime客户提供折扣、提供自己的测试和销售设备以及根据评级系统创建高度精选的书籍来将商店与竞争对手区分开来。</blockquote></p><p> Amazon now operates more than 20 bookstores throughout the country, as well as more than two dozen Amazon 4-star stores, outlets that sell gadgets from electronics to kitchen products. The 4-star stores have typically been around 4,000 square feet. Two years ago, the company said&nbsp;it would close many “pop-up” stores&nbsp;it had opened in malls. The small shops showcased such devices as smart speakers, tablets and Kindle e-readers.</p><p><blockquote>亚马逊现在在全国经营着20多家书店，以及20多家亚马逊四星级商店，这些商店出售从电子产品到厨房产品的小工具。四星级商店通常在4000平方英尺左右。两年前，该公司表示将关闭许多在商场开设的“快闪”商店。小商店展示了智能音箱、平板电脑和Kindle电子阅读器等设备。</blockquote></p><p> The company’s technological innovations have been particularly present in its line of grocery stores, which began with its purchase of Whole Foods. Those now include its cashierless Amazon Go convenience stores in Chicago, New York, San Francisco and Seattle and its more conventional Amazon Fresh stores across several states. It is unclear if Amazon is planning to introduce any store features such as cashierless technology at the new retail locations.</p><p><blockquote>该公司的技术创新尤其体现在其杂货店系列中，该系列始于收购全食超市。现在，其中包括位于芝加哥、纽约、旧金山和西雅图的无收银员Amazon Go便利店以及位于多个州的更传统的Amazon Fresh商店。目前尚不清楚亚马逊是否计划在新零售点引入任何商店功能，如无收银技术。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/amazon-retail-department-stores-11629330842?mod=hp_lead_pos2\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.wsj.com/articles/amazon-retail-department-stores-11629330842?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147944508","content_text":"Online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges\nAmazon is stepping up its move into bricks-and-mortar retail, an area once dominated by department stores like Sears.\nAmazon.com Inc. plans to open several large physical retail locations in the U.S. that will operate akin to department stores, a step to help the tech company extend its reach in sales of clothing, household items, electronics and other areas, people familiar with the matter said.\nThe plan to launch large stores will mark a new expansion for the online-shopping pioneer into bricks-and-mortar retail, an area Amazon has long disrupted.\nSome of the first Amazon department stores are expected to be located in Ohio and California, the people said. The new retail spaces will be around 30,000 square feet, smaller than most department stores, which typically occupy about 100,000 square feet, and will offer items from top consumer brands. The Amazon stores will dwarf many of the company’s other physical retail spaces and will have a footprint similar to scaled-down formats that Bloomingdale’s Inc.,Nordstrom Inc. and other department-store chains have begun opening, the people said.\nChains including J.C. Penney have emerged from bankruptcy protection with new owners.\nIt is unclear what brands Amazon will offer in the stores, although the company’s private-label goods are expected to feature prominently, the people said. Amazon sells scores of products including clothes, furniture, batteries and electronic devices through many of its own labels. The plans aren’t yet final and could change, these people said.\nAmazon’s plans represent an evolution in the company’s efforts to move into bricks-and-mortar retail after years of taking market share from big-box operators—moves that helped to push many into bankruptcy. The company’s growth in online shopping helped accelerate the fall of mall operators and other once-potent physical-store empires.Amazon is now the largest seller of clothing in the U.S., surpassing Walmart Inc.,according to Wells Fargo & Co.\nFounded in 1994 as an online bookseller, Amazon has gradually gained a foothold in physical retail through the opening of book stores,grocery outlets and other physical spaces. The company bought the grocer Whole Foods Market in 2017.\nAmazon is pushing into an area that has struggled for decades. Department stores were once big, exciting places to shop, where consumers could find everything from toaster ovens to evening gowns under one roof. But they have lost out to discounters, fast-fashion retailers and online players. A generation ago, department stores comprised 10% of retail sales, excluding automobiles, gas and restaurants, according to estimates by the consulting firm Customer Growth Partners. So far this year, they account for less than 1%.\nTheir troubles worsened last year during the depths of the Covid-19 pandemic, when J.C. Penney, Neiman Marcus Group Inc., Lord & Taylor and Stage Stores Inc. filed for bankruptcy. J.C. Penney and Neiman Marcus emerged from court protection under new owners. Lord & Taylor now sells only online, and Stage Stores liquidated.\nAnalysts and industry executives aren’t counting department stores out just yet. Chains including Macy’s Inc. and Kohl’s Corp. reported strong sales Thursday as shoppers restocked their closets after reducing clothing purchases last year. The shares of both chains jumped Thursday.\nMacy’s is benefiting as shoppers update their wardrobes after cutting back on clothing purchases last year.\n“People are absolutely returning and shopping in department stores,” John Idol, the chief executive of the Michael Kors parent Capri Holdings Ltd. told analysts on a conference call last month.\nAmazon approached some U.S. apparel brands roughly two years ago with the idea of opening large-scale stores that would showcase their products, a person familiar with the matter said.\nAn expanded store footprint would enable Amazon to offer consumers a bevy of items they could try out in person before deciding to buy. That would be particularly beneficial in apparel, which can often be a guessing game for customers shopping online because of size and fit concerns. It would also give customers even more instant gratification than the quick shipping offered by Amazon for online purchases.\nAmazon executives have felt that bricks-and-mortar stores would enable better engagement with customers and provide a showcase for its devices and other products to shoppers who otherwise might not have tried them, a person familiar with the matter said. The company has sought to innovate in bricks and mortar while building a network of stores that could glean insightful customer data and provide new shopping experiences.\nThe more than two dozen Amazon 4-star stores sell gadgets from electronics to kitchen products.\nWhile physical stores took a hit during the pandemic as people sheltered at home, foot traffic has gradually returned, although it remains below 2019 levels, according to ShopperTrak, which uses cameras to count traffic in U.S. retail stores.\nAmazon’s physical-store sales declined roughly 5% last year as customers shopped more online because of the pandemic. Year-over-year sales for the segment grew 11% during the second quarter this year.\nThe company has in recent years invested more in building out its fashion business and giving shoppers increased alternatives regarding the purchase of apparel.Amazon has had a tougher time breaking into high-end fashion. Although Oscar de la Renta began selling cocktail dresses on Amazon’s website last year, few other luxury brands have followed.\nOver the years, Amazon has used its clout to expand into new markets, disrupting some industries and gaining strength in many others, including entertainment, groceries, healthcare and more. While the extent to which its physical-retail ambitions will grow isn’t clear, the company has been steadily adding stores for years.\nAmazon opened its first physical store in 2015, a bookstore in Seattle. It tried to set the stores apart from competitors by providing discounts to Amazon Prime customers, offering its own devices for testing and sale, and creating a highly curated selection of books based on a ratings system.\nAmazon now operates more than 20 bookstores throughout the country, as well as more than two dozen Amazon 4-star stores, outlets that sell gadgets from electronics to kitchen products. The 4-star stores have typically been around 4,000 square feet. Two years ago, the company said it would close many “pop-up” stores it had opened in malls. The small shops showcased such devices as smart speakers, tablets and Kindle e-readers.\nThe company’s technological innovations have been particularly present in its line of grocery stores, which began with its purchase of Whole Foods. Those now include its cashierless Amazon Go convenience stores in Chicago, New York, San Francisco and Seattle and its more conventional Amazon Fresh stores across several states. It is unclear if Amazon is planning to introduce any store features such as cashierless technology at the new retail locations.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831225496,"gmtCreate":1629331245115,"gmtModify":1631892065295,"author":{"id":"3581902862365801","authorId":"3581902862365801","name":"Weijunn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581902862365801","idStr":"3581902862365801"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/831225496","repostId":"1181537707","repostType":4,"repost":{"id":"1181537707","kind":"news","pubTimestamp":1629297265,"share":"https://www.laohu8.com/m/news/1181537707?lang=zh_CN&edition=full","pubTime":"2021-08-18 22:34","market":"us","language":"en","title":"Inflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic<blockquote>美国的通货膨胀率高于其他地方，但不要惊慌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181537707","media":"The Wall Street Journal","summary":"While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by","content":"<p>  While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by any inflationary economic policies in Washington.  <img src=\"https://static.tigerbbs.com/ca674d5c6ff01a5f89997288be6364b8\" tg-width=\"871\" tg-height=\"517\" width=\"100%\" height=\"auto\">America likes being exceptional, but too much exceptionalism when it comes to inflation is starting to cause concern. A closer look at the data suggests that investors can keep calm.</p><p><blockquote>尽管欧元区的物价上涨速度似乎较慢，但华盛顿的任何通胀经济政策都无法最好地解释这种差异。美国喜欢例外，但在通胀问题上过多的例外主义开始引起担忧。仔细观察数据表明，投资者可以保持冷静。</blockquote></p><p> On Wednesday, official figures confirmed that the harmonized consumer-price index in the eurozone rose 2.2% in July from a year earlier. This marked an acceleration relative to June, when inflation was 1.9%. But stripping out energy, food, alcohol and tobacco prices to see what is dubbed “core” inflation, the index only rose 0.7%, down from 0.9% the previous month.</p><p><blockquote>周三，官方数据证实，欧元区7月份统一消费者价格指数同比上涨2.2%。这标志着相对于6月份1.9%的通胀率有所加速。但剔除能源、食品、酒精和烟草价格以了解所谓的“核心”通胀，该指数仅上涨0.7%，低于上个月的0.9%。</blockquote></p><p> What is surprising isn’t inflation being too strong in the eurozone, but rather it being too weakrelative to the U.S., where CPI growth reached 5.4% in July, with core inflation at 4.3%.</p><p><blockquote>令人惊讶的不是欧元区的通胀太强，而是相对于美国来说太弱，美国7月份CPI增长率达到5.4%，核心通胀率为4.3%。</blockquote></p><p> Officials argue that today’s inflation is only temporarily higher as global prices rebound from the troughs of the pandemic and companies work through supply bottlenecks. Yet, if it is so much higher in the U.S., doesn’t this mean that excessive fiscal and monetary policy are driving the economy—since transfers to households have been less generous in Europe—and could trigger a dangerous delayed reaction by the Federal Reserve? Some prominent economists think so.</p><p><blockquote>官员们认为，随着全球价格从疫情的低谷反弹以及企业克服供应瓶颈，今天的通胀只是暂时走高。然而，如果美国的利率如此之高，这难道不意味着过度的财政和货币政策正在推动经济发展——因为欧洲对家庭的转移支付不那么慷慨——并可能引发美联储危险的延迟反应吗？一些著名的经济学家是这样认为的。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d76c2a0f13ab39592583dd45f8a3a9d2\" tg-width=\"742\" tg-height=\"416\" width=\"100%\" height=\"auto\">Once compared with U.S. data, however, Wednesday’s figures show that more than half of the 3.2-percentage-point gap between inflation figures across the Atlantic can be explained away by two factors.</p><p><blockquote>然而，与美国数据相比，周三的数据显示，大西洋两岸通胀数据之间3.2个百分点的差距，一半以上可以通过两个因素来解释。</blockquote></p><p> The first is Americans’ reliance on used cars, which make up 3.5% of their consumption baskets, versus 1.1% for Europeans. Auto makers are having production issues due to a microchip shortage. In Europe, consumers have delayed car purchases. In the U.S., they have bid the price of used cars up 42%.</p><p><blockquote>首先是美国人对二手车的依赖，二手车占他们消费篮子的3.5%，而欧洲人这一比例为1.1%。由于微芯片短缺，汽车制造商面临生产问题。在欧洲，消费者推迟了购车时间。在美国，他们将二手车的价格提高了42%。</blockquote></p><p> The other has to do with the way shelter costs are calculated. U.S. numbers include a theoretical category that factors in the rent that owner-occupiers would pay if they rented, whereas European statistics only count those who are actually renting—an issue that the European Central Bank is seeking to address. This has long made eurozone inflation appear lower, and is key now: While rents in both regions are up by a similar amount, they account for a massive 31% of the U.S. CPI basket, and only 7.5% of the European one.</p><p><blockquote>另一个与住房费用的计算方式有关。美国的数据包括一个理论类别，该类别考虑了自住者如果租房将支付的租金，而欧洲的统计数据只计算了那些实际租房的人——这是欧洲央行正在寻求解决的问题。长期以来，这使得欧元区通胀率显得较低，现在也是关键：虽然这两个地区的租金涨幅相似，但它们占美国CPI篮子的31%，仅占欧洲CPI篮子的7.5%。</blockquote></p><p> Of the differences that remain, most seem related to the U.S. having reopened its economy first, particularly travel. Airfares are up 19%, reflecting the degree of normality U.S. carriers are enjoying in the domestic market. Meanwhile, their European counterparts are still dealing with rafts of travel restrictions and have only increased prices 1%. There are similar stories for restaurants and hotels.</p><p><blockquote>在仍然存在的分歧中，大多数似乎与美国首先重新开放经济有关，特别是旅游业。机票价格上涨了19%，反映了美国航空公司在国内市场的正常程度。与此同时，他们的欧洲同行仍在应对大量的旅行限制，并且仅将价格提高了1%。餐馆和酒店也有类似的故事。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d71c445a20f52dd97521b03eb12d417f\" tg-width=\"725\" tg-height=\"415\" width=\"100%\" height=\"auto\">To be sure, the relative surge in some price categories, such as apparel, could be more indicative of demand-led pressure caused by American consumers being awash with cash. But the weakness inthe latest U.S. retail sales datashould be a check on any assumptions that a short-term rebound in spending willnecessarily lead to a sustained boom.</p><p><blockquote>可以肯定的是，服装等某些价格类别的相对飙升可能更能表明美国消费者现金泛滥造成的需求主导压力。但最新美国零售销售数据的疲软应该是对任何假设的检验，即支出的短期反弹必然会导致持续繁荣。</blockquote></p><p> Overall, most goods’ prices have remained remarkably stable during the pandemic. A rebound in services will likely help European headline inflation catch up with its U.S. counterpart somewhat in the coming months. With the labor market recovery far from complete, though, signs of economic overheating on either side of the Atlantic are likely a mathematical mirage.</p><p><blockquote>总体而言，大多数商品的价格在疫情期间保持非常稳定。服务业的反弹可能会在未来几个月帮助欧洲整体通胀率在一定程度上赶上美国。然而，随着劳动力市场复苏远未完成，大西洋两岸经济过热的迹象很可能是数学上的海市蜃楼。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic<blockquote>美国的通货膨胀率高于其他地方，但不要惊慌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic<blockquote>美国的通货膨胀率高于其他地方，但不要惊慌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-08-18 22:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by any inflationary economic policies in Washington.  <img src=\"https://static.tigerbbs.com/ca674d5c6ff01a5f89997288be6364b8\" tg-width=\"871\" tg-height=\"517\" width=\"100%\" height=\"auto\">America likes being exceptional, but too much exceptionalism when it comes to inflation is starting to cause concern. A closer look at the data suggests that investors can keep calm.</p><p><blockquote>尽管欧元区的物价上涨速度似乎较慢，但华盛顿的任何通胀经济政策都无法最好地解释这种差异。美国喜欢例外，但在通胀问题上过多的例外主义开始引起担忧。仔细观察数据表明，投资者可以保持冷静。</blockquote></p><p> On Wednesday, official figures confirmed that the harmonized consumer-price index in the eurozone rose 2.2% in July from a year earlier. This marked an acceleration relative to June, when inflation was 1.9%. But stripping out energy, food, alcohol and tobacco prices to see what is dubbed “core” inflation, the index only rose 0.7%, down from 0.9% the previous month.</p><p><blockquote>周三，官方数据证实，欧元区7月份统一消费者价格指数同比上涨2.2%。这标志着相对于6月份1.9%的通胀率有所加速。但剔除能源、食品、酒精和烟草价格以了解所谓的“核心”通胀，该指数仅上涨0.7%，低于上个月的0.9%。</blockquote></p><p> What is surprising isn’t inflation being too strong in the eurozone, but rather it being too weakrelative to the U.S., where CPI growth reached 5.4% in July, with core inflation at 4.3%.</p><p><blockquote>令人惊讶的不是欧元区的通胀太强，而是相对于美国来说太弱，美国7月份CPI增长率达到5.4%，核心通胀率为4.3%。</blockquote></p><p> Officials argue that today’s inflation is only temporarily higher as global prices rebound from the troughs of the pandemic and companies work through supply bottlenecks. Yet, if it is so much higher in the U.S., doesn’t this mean that excessive fiscal and monetary policy are driving the economy—since transfers to households have been less generous in Europe—and could trigger a dangerous delayed reaction by the Federal Reserve? Some prominent economists think so.</p><p><blockquote>官员们认为，随着全球价格从疫情的低谷反弹以及企业克服供应瓶颈，今天的通胀只是暂时走高。然而，如果美国的利率如此之高，这难道不意味着过度的财政和货币政策正在推动经济发展——因为欧洲对家庭的转移支付不那么慷慨——并可能引发美联储危险的延迟反应吗？一些著名的经济学家是这样认为的。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d76c2a0f13ab39592583dd45f8a3a9d2\" tg-width=\"742\" tg-height=\"416\" width=\"100%\" height=\"auto\">Once compared with U.S. data, however, Wednesday’s figures show that more than half of the 3.2-percentage-point gap between inflation figures across the Atlantic can be explained away by two factors.</p><p><blockquote>然而，与美国数据相比，周三的数据显示，大西洋两岸通胀数据之间3.2个百分点的差距，一半以上可以通过两个因素来解释。</blockquote></p><p> The first is Americans’ reliance on used cars, which make up 3.5% of their consumption baskets, versus 1.1% for Europeans. Auto makers are having production issues due to a microchip shortage. In Europe, consumers have delayed car purchases. In the U.S., they have bid the price of used cars up 42%.</p><p><blockquote>首先是美国人对二手车的依赖，二手车占他们消费篮子的3.5%，而欧洲人这一比例为1.1%。由于微芯片短缺，汽车制造商面临生产问题。在欧洲，消费者推迟了购车时间。在美国，他们将二手车的价格提高了42%。</blockquote></p><p> The other has to do with the way shelter costs are calculated. U.S. numbers include a theoretical category that factors in the rent that owner-occupiers would pay if they rented, whereas European statistics only count those who are actually renting—an issue that the European Central Bank is seeking to address. This has long made eurozone inflation appear lower, and is key now: While rents in both regions are up by a similar amount, they account for a massive 31% of the U.S. CPI basket, and only 7.5% of the European one.</p><p><blockquote>另一个与住房费用的计算方式有关。美国的数据包括一个理论类别，该类别考虑了自住者如果租房将支付的租金，而欧洲的统计数据只计算了那些实际租房的人——这是欧洲央行正在寻求解决的问题。长期以来，这使得欧元区通胀率显得较低，现在也是关键：虽然这两个地区的租金涨幅相似，但它们占美国CPI篮子的31%，仅占欧洲CPI篮子的7.5%。</blockquote></p><p> Of the differences that remain, most seem related to the U.S. having reopened its economy first, particularly travel. Airfares are up 19%, reflecting the degree of normality U.S. carriers are enjoying in the domestic market. Meanwhile, their European counterparts are still dealing with rafts of travel restrictions and have only increased prices 1%. There are similar stories for restaurants and hotels.</p><p><blockquote>在仍然存在的分歧中，大多数似乎与美国首先重新开放经济有关，特别是旅游业。机票价格上涨了19%，反映了美国航空公司在国内市场的正常程度。与此同时，他们的欧洲同行仍在应对大量的旅行限制，并且仅将价格提高了1%。餐馆和酒店也有类似的故事。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d71c445a20f52dd97521b03eb12d417f\" tg-width=\"725\" tg-height=\"415\" width=\"100%\" height=\"auto\">To be sure, the relative surge in some price categories, such as apparel, could be more indicative of demand-led pressure caused by American consumers being awash with cash. But the weakness inthe latest U.S. retail sales datashould be a check on any assumptions that a short-term rebound in spending willnecessarily lead to a sustained boom.</p><p><blockquote>可以肯定的是，服装等某些价格类别的相对飙升可能更能表明美国消费者现金泛滥造成的需求主导压力。但最新美国零售销售数据的疲软应该是对任何假设的检验，即支出的短期反弹必然会导致持续繁荣。</blockquote></p><p> Overall, most goods’ prices have remained remarkably stable during the pandemic. A rebound in services will likely help European headline inflation catch up with its U.S. counterpart somewhat in the coming months. With the labor market recovery far from complete, though, signs of economic overheating on either side of the Atlantic are likely a mathematical mirage.</p><p><blockquote>总体而言，大多数商品的价格在疫情期间保持非常稳定。服务业的反弹可能会在未来几个月帮助欧洲整体通胀率在一定程度上赶上美国。然而，随着劳动力市场复苏远未完成，大西洋两岸经济过热的迹象很可能是数学上的海市蜃楼。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/inflation-is-higher-in-the-u-s-than-elsewhere-but-dont-panic-11629296911?mod=rss_markets_main\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.wsj.com/articles/inflation-is-higher-in-the-u-s-than-elsewhere-but-dont-panic-11629296911?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181537707","content_text":"While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by any inflationary economic policies in Washington.\n\nAmerica likes being exceptional, but too much exceptionalism when it comes to inflation is starting to cause concern. A closer look at the data suggests that investors can keep calm.\nOn Wednesday, official figures confirmed that the harmonized consumer-price index in the eurozone rose 2.2% in July from a year earlier. This marked an acceleration relative to June, when inflation was 1.9%. But stripping out energy, food, alcohol and tobacco prices to see what is dubbed “core” inflation, the index only rose 0.7%, down from 0.9% the previous month.\nWhat is surprising isn’t inflation being too strong in the eurozone, but rather it being too weakrelative to the U.S., where CPI growth reached 5.4% in July, with core inflation at 4.3%.\nOfficials argue that today’s inflation is only temporarily higher as global prices rebound from the troughs of the pandemic and companies work through supply bottlenecks. Yet, if it is so much higher in the U.S., doesn’t this mean that excessive fiscal and monetary policy are driving the economy—since transfers to households have been less generous in Europe—and could trigger a dangerous delayed reaction by the Federal Reserve? Some prominent economists think so.\nOnce compared with U.S. data, however, Wednesday’s figures show that more than half of the 3.2-percentage-point gap between inflation figures across the Atlantic can be explained away by two factors.\nThe first is Americans’ reliance on used cars, which make up 3.5% of their consumption baskets, versus 1.1% for Europeans. Auto makers are having production issues due to a microchip shortage. In Europe, consumers have delayed car purchases. In the U.S., they have bid the price of used cars up 42%.\nThe other has to do with the way shelter costs are calculated. U.S. numbers include a theoretical category that factors in the rent that owner-occupiers would pay if they rented, whereas European statistics only count those who are actually renting—an issue that the European Central Bank is seeking to address. This has long made eurozone inflation appear lower, and is key now: While rents in both regions are up by a similar amount, they account for a massive 31% of the U.S. CPI basket, and only 7.5% of the European one.\nOf the differences that remain, most seem related to the U.S. having reopened its economy first, particularly travel. Airfares are up 19%, reflecting the degree of normality U.S. carriers are enjoying in the domestic market. Meanwhile, their European counterparts are still dealing with rafts of travel restrictions and have only increased prices 1%. There are similar stories for restaurants and hotels.\nTo be sure, the relative surge in some price categories, such as apparel, could be more indicative of demand-led pressure caused by American consumers being awash with cash. But the weakness inthe latest U.S. retail sales datashould be a check on any assumptions that a short-term rebound in spending willnecessarily lead to a sustained boom.\nOverall, most goods’ prices have remained remarkably stable during the pandemic. A rebound in services will likely help European headline inflation catch up with its U.S. counterpart somewhat in the coming months. With the labor market recovery far from complete, though, signs of economic overheating on either side of the Atlantic are likely a mathematical mirage.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3027,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833281140,"gmtCreate":1629245263680,"gmtModify":1631892065296,"author":{"id":"3581902862365801","authorId":"3581902862365801","name":"Weijunn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581902862365801","idStr":"3581902862365801"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833281140","repostId":"2160788036","repostType":2,"isVote":1,"tweetType":1,"viewCount":3016,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}