Will the coronavirus pandemic lead to long-term changes in how we shop for food? -from WSJ
Latest video from Inditex summarizing their over 1 billion Euros ($1.13 billion) investment in innovation including RFID, self-checkout, and mobile pay.
Analysts and economists are paying close attention to monthly retail sales numbers as a way to gauge how the economy may be recovering from the impact of the coronavirus pandemic. -from WSJ
When the coronavirus pandemic hit, Kohl's closed all of its stores nationwide on March 19, and wasn't able to reopen until early May. -from CNBC
Since most of the U.S. entered lockdown mode, almost all of Wayfair’s brick and mortar competitors shut their doors leaving Wayfair as essentially the only game in town for home furnishings -from CNBC
At the height of its success, J.Crew and its sister company Madewell were operating in over 100 countries and had over 500 stores. -from Business Insider
On March 12th, during the Great Toilet Paper Panic of 2020, sales of toilet paper ballooned 732% compared to the same day the previous year. -from Fortune Magazine
Airbnb was supposed to be the hottest public offering of 2020. Instead, the home-sharing giant just cut 25% of its workforce and expects revenue to be less than half of what it was in 2019. -from WSJ
J.C. Penney rose to prominence as a national retailer by dressing the middle class for over a century. -from WSJ
The plastic cash substitute has been the most popular holiday item on shoppers’ lists for 13 years in a row, as of 2007. -from CNBC
Online grocery delivery is seeing exceptional growth amid the coronavirus. Over the last few weeks, Instacart has seen customer order volume increase more than 500% year-over-year. -from CNBC
New retail concepts are challenging the traditional store format and pushing the boundaries of innovation. -from Euromonitor International
Experts tell us that measures like contactless shopping and curbside pick up are likely to continue and we may see changes to way we navigate stores. -from Global News
China's retail sector is gradually getting back to business. Most optimistic about future despite the disruptions caused by the coronavirus outbreak & are making efforts to adapt to the changes.
Get fresh groceries and more with no-contact grocery delivery. It’s easy! Place your order on http://walmart.com/grocery or in the app. -from Walmart
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