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E-commerce, Retail Types

Ebay announces 30-day payment holiday for 300,000 businesses

March 26, 2020

Via: Charged

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 […]


Retail Trends

How retailers stay afloat during unprecedented mass closures

March 25, 2020

Via: Retail Dive

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. […]


FMCG products, Retail Types

Grocery Retail Is Going To Be Permanently Disrupted By Coronavirus

March 24, 2020

Via: Forbes

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 […]


Retail Types, Stores

Walmart, Target And CVS Boost Pay; Drugstore Chain Plans 50,000 New Hires

March 23, 2020

Via: Retail TouchPoints

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, […]


Retail Types, Stores

Best Buy Closes All Stores, Keeps Curbside Pickup Option For Online Shoppers

March 23, 2020

Via: Retail TouchPoints

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 […]


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 […]


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 […]


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 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 […]