Walgreens Suffers $700 Million Hit From Coronavirus ‘Stay At Home’ Orders

July 9, 2020

Via: Forbes
Category: Retail Types, Stores

Walgreens Boots Alliance said its earnings suffered a negative impact of $700 million to $750 million as the company sustained a major loss of global business from the surge of cases of the coronavirus strain Covid-19 that caused its customers […]

Amazon’s traffic is way up, but others are doing even better during the pandemic

July 2, 2020

As consumers have navigated their way through stay-at-home and social distancing restrictions during the pandemic, a new study says Amazon’s web traffic has soared, but other retailers are up even more. Traffic to the sites of some of the biggest […]

70% of consumers would now shop secondhand as resale market set to hit $64bn by 2025

June 25, 2020

Via: Charged
Category: Retail Trends

The resale clothing market is set to more than double to $64 billion in the next five years as more shoppers are willing to buy second hand. Over two thirds (70 per cent) of consumers now say they are willing […]

FMCG products, Retail Types

Online grocery spend more than doubled in June

July 14, 2020

Via: Charged

Online grocery spend shot up more than 100 per cent in June as demand for home deliveries stayed strong despite retailers reopening their doors. According to Barclaycard’s latest data, online grocery spending jumped 105.9 per cent year-on-year in June, aided […]

E-commerce, Retail Trends, Retail Types

Will Boomers and Gen X keep shopping online post-pandemic?

July 13, 2020

Via: RetailWire

Older consumers, forced to shop online in response to COVID-19, are expected to drive e-commerce growth in the short- to medium-term, predicts a new study from Mintel. The study, based on a survey of 2,000 U.K. consumers taken from June […]

Customer Engagement, Customer Experience

Email Marketing: How to Engage With Customers From a Distance

July 13, 2020

Via: Lightspeed POS

Emails are a powerful tool for communication that have a high potential ROI. According to data from McKinsey & Company, emails are 40 times more effective for acquiring customers than Facebook and Twitter, with an average ROI of $38 for […]

E-commerce, Retail Types

Amazon temporarily bans TikTok from employee phones as security concerns grow

July 13, 2020

Via: Charged

Amazon instructed its employees to remove TikTok from their mobile devices due to “security risks” on Friday, before reversing its decision hours later. TikTok, the Chinese video sharing app which is fast becoming the go-to platform for retailers to reach […]