Tag: featured

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 25, 2020

Across the U.S. this week, many thousands of stores and hundreds of malls lay dark, as the country tries to slow the spread of the novel coronavirus. Around 100 retailers have closed all or a significant fraction of their stores. […]

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 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 […]

March 17, 2020

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 […]

March 17, 2020

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 […]

March 16, 2020

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 […]

March 16, 2020

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 […]