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Suppliers

Why And How Coronavirus Will Sharply Change The Supply Chain

March 20, 2020

Via: Forbes

Coronavirus (SARS-COV-2 which causes COVID-19) is causing drastic changes to the supply chain, a key retail operation already in flux. For the last three years, geopolitical turmoil and shifting priorities have been setting the stage for gradual changes. Studies show […]


E-commerce, Retail Types

Online retail sales growth flounders in February

March 20, 2020

Via: Charged

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 […]


Retail Trends

110 retailers shut their doors in the US amid contagion fears

March 19, 2020

Via: Charged

More than 110 retailers have now closed all their stores to limit the spread of the coronavirus as fears grow that all non-essential stores will shut their doors for weeks. Department stores, fashion outlets, homeware stores and technology retailers are […]


E-commerce, Retail Types, Suppliers

Amazon warehouse workers strike as staff COVID-19 cases rise

March 19, 2020

Via: Charged

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 […]


Retail Types, Stores

Macy’s closes all of its stores through March

March 18, 2020

Via: Retail Dive

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 […]


Suppliers

Costco brings big and bulky delivery in-house with $1B acquisition

March 18, 2020

Via: Retail Dive

While Costco displays big and bulky items such as furniture and appliances in-store, the majority of the sales take place online, Galanti said. Costco does some of the delivery itself, he continued, but a lot of it is managed by […]


E-commerce, Retail Types, Suppliers

Amazon opens 100K warehouse, delivery roles as COVID-19 surges demand

March 17, 2020

Via: Retail Dive

E-commerce has boomed as consumers worldwide practice social distancing and self-quarantining (by choice or by government mandate), leading e-tailers and marketplaces like Amazon to amp up their supply chains to cope with increased demand. Amazon faced stock-outs on some household […]


Retail Trends

Retail at risk as consumers hunker down

March 17, 2020

Via: Retail Dive

In the past several days, rapidly changing responses to COVID-19, a virus caused by a member of the coronavirus family, have led​ many retailers to temporarily shutter stores, and consumers to relegate their shopping to only the essentials. With signs […]


Retail Trends, Retail Types, Stores

Retail In The Age Of Coronavirus

March 16, 2020

Via: Forbes

Unprecedented. In my over three decades of covering and working in the retail industry, we have never seen anything like the impact of Coronavirus on the global retail scene. 9/11 temporarily ground business in the United States to a halt […]


Retail Types, Stores

H&M Group Reports Dramatic Sales Decline in China as it Closes More Stores in Europe

March 16, 2020

Via: The Business of Fashion

H&M group has temporarily shuttered stores across large parts of Europe, as governments take extraordinary measures to try and contain the escalating coronavirus pandemic. The closures signal more pain ahead for retailers, already suffering the aftershock of a widespread shut […]