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Tag: buying

The Consumer Buying Behavior Report 2020 – An Overview

The year 2020 has been one of the most unpredictable years for the retail sector with COVID-19 wreaking havoc across the globe. Even before the pandemic hit us, the retail sector was wading through choppy waters with U.S. President Trump imposing tariffs on international goods, potential recession looming over us, and Millennials and Gen Z …

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Unilever reports 49% rise in ecommerce sales as shoppers changed buying habits during Covid-19 lockdowns

Unilever today reported ecommerce sales growth of 49%, while overall turnover fell by 1.6%, as shopping habits changed during the Covid-19 lockdown. Unilever says its performance during the Covid-19 lockdown showed its strength and agility.   The organisation, whose brands include PG Tips, Dove, Hellmann’s and Magnum, said that the markets it sells in had …

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Online buying up, e-comm firms’ sales surge past pre-Covid levels, Retail News, ET Retail

BENGALURU: E-commerce companies have not just recovered, but surpassed pre-Covid-level sales as more people shop online due to the pandemic. The daily shipment volumes are back at over 3 million per day with visible signs of demand holding firm over the next couple of months, with people continuing to limit their visits to physical stores, …

Online buying up, e-comm firms’ sales surge past pre-Covid levels, Retail News, ET RetailRead More

As Black buying power grows, racial profiling by retailers remains a problem

Lorenzo Boyd, an assistant professor, director of the Center for Advanced Policing and vice president for diversity and inclusion at University of New Haven. Source: Lorenzo Boyd Lorenzo Boyd was in the market for a new car and wanted to buy a luxury SUV. He went to a Lexus dealership and walked through the lot, …

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Albertsons stock is worth buying at $25 when it comes public

CNBC’s Jim Cramer on Wednesday said that Albertsons, the U.S. grocery operator making its third IPO attempt, is worth owning if investors can get the stock at the right price. Albertsons, which owns Albertsons, Safeway, Acme and Shaw’s supermarkets in dozens of states, plans to raise up to $1.32 billion when it goes public this …

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‘Why are people buying boob tubes’: fashion workers’ anger at owners and consumers | Business

Warehouse workers for the fast fashion brands Pretty Little Thing and Boo Hoo are begging consumers to stop ordering non-essential items such as £6 boob tubes and £8 false eyelashes after orders at one depot more than tripled in a week. Morale is said to be “rock bottom” at Pretty Little Thing’s fulfilment centre in …

‘Why are people buying boob tubes’: fashion workers’ anger at owners and consumers | BusinessRead More

Panic buying on wane as online shopping takes over, says bank | Business

There is an early sign that supermarket panic buying may be on the wane, if figures from the online bank Starling are an accurate guide to how shoppers are behaving. The bank, which has 1.25 million UK account holders, said transactions in supermarkets peaked two weekends ago and had been falling since. “Our data suggests …

Panic buying on wane as online shopping takes over, says bank | BusinessRead More

What people are buying during the coronavirus outbreak and why

Young Man shopping in a supermarket, breathing through a medical mask. RealPeopleGroup In the weeks since the U.S. confirmed its first case of COVID-19, consumer habits have been shifting.  Medical masks, hand sanitizer, gloves and toilet paper have flown off shelves in the U.S., as more people began to look to protect themselves and prepare …

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‘Could you buy a little less, please?’: panic-buying disrupts food distribution | World news

As coronavirus spreads in the US, many people are stockpiling essentials for what they believe will be periods of home confinement and panicked shoppers have stripped many US grocery stores of staples ranging from bread and milk to meat and toilet paper. But, in fact, the virus currently poses little threat to the integrity of …

‘Could you buy a little less, please?’: panic-buying disrupts food distribution | World newsRead More

No need for panic buying of milk, other dairy products, says Amul MD

GCMMF, which markets its dairy products under Amul brand, on Saturday said there will be no shortage of milk and other dairy products and asked people to refrain from panic buying amid coronavirus scare. According to a PTI report: Gujarat Cooperative Milk Marketing Federation (GCMMF) MD R S Sodhi said there have been reports of …

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