Category: Retail Types

March 27, 2020

Many retailers and brands have begun to ramp up e-commerce promotions, frequently with big discounts, in efforts to connect with customers and drive sales during a time of unprecedented uncertainty. With customers just as unconfident about their futures as retailers, […]

March 27, 2020

B8ta, the company responsible for bringing Toys R Us back from the grave, has furloughed its entire workforce. Last week B8ta’s chief executive Vibhu Norby penned a letter to employees stating that all store staff would be furloughed, and any […]

March 26, 2020

Amazon is temporarily pausing loan repayments for its sellers to help them stay afloat during the coronavirus lockdown, Reuters reported. The online retail giant announced today that sellers who had taken a loan via Amazon Lending, which offers loans of […]

March 26, 2020

Ebay has announced a 30-day payment holiday for all of the registered businesses on its platform to help SME’s keep their business running throughout the crisis. Any of Ebay’s 300,000 registered businesses, including any newly registered enterprises, will not have […]

March 24, 2020

For the first two months of the year, American retailers were enjoying a boom, with retail and food service sales up 6.5% year-over-year. Come March, the boom went bust as the coronavirus took root here, resulting in massive mall and […]

March 23, 2020

Walmart, Target and CVS are building on their worker relief efforts and keeping key positions staffed by offering associates higher pay. Walmart fulfillment center employees will see a temporary $2 bump to their hourly pay alongside bonuses for new hires, […]

March 23, 2020

After initially keeping its stores open amid high demand for electronics items and appliances such as freezers, refrigerators and home office equipment, Best Buy officially is closing all its locations. Citing concerns about the health of its employees due to […]

March 20, 2020

Online retail sales growth fell in February before the real impact of COVID-19 took hold, extending a weak start to 2020 for the sector. In February UK online retail sales growth dropped by 0.4 per cent year-on-year, falling well below […]

March 19, 2020

Amazon has confirmed the first COVID-19 infection in its US delivery network as its warehouse staff in France strike amid fears of contagion. The retailer’s delivery station in Queens, New York, has been temporarily closed for a deep clean while […]

March 18, 2020

Dozens of retailers have announced this week that they will close their stores nationwide as governments and businesses scramble to prevent further spread of COVID-19. “The health and safety of our customers, colleagues and communities is our utmost priority,” Macy’s […]