Tag: hit
March sales plummet amid COVID-19 pandemic with apparel taking biggest hitÂ
The coronavirus outbreak delivered a record blow to the nation’s retail sales in March.  Retail sales saw their biggest monthly drop on record during March as restaurants, bars and many stores temporarily closed across the nation, reported the National Retail Federation (NRF). Among retail sectors, apparel stores had the biggest decline, with sales down 50.5% …
March sales plummet amid COVID-19 pandemic with apparel taking biggest hit Read More
Macy’s is planning for a coronavirus hit, but ‘nothing to be concerned about yet’
Zhuying Hua, 40, of Rockville, is concerned about coronavirus and wears a mask while shopping. The store manager said the there was a huge decline in shoppers. Sarah L. Voisin | The Washington Post | Getty Images Macy’s warned investors Tuesday that the coronavirus outbreak, which has shuttered commerce across China and sent markets spiraling, …
Macy’s is planning for a coronavirus hit, but ‘nothing to be concerned about yet’Read More
Analyst: Coronavirus will hit airport retailers worldwide
Airport retail, which has been on a fast track, is likely to decline as a result of the spreading coronavirus. That’s according to GlobalData Retail, which said that the prevention of travel for Chinese consumers will impact the performance of airport retail worldwide. Global airport retail had been estimated to increase 6.1% in 2020, to …
Analyst: Coronavirus will hit airport retailers worldwideRead More
Analyst: Coronavirus will hit airport retailers worldwide
Airport retail, which has been on a fast track, is likely to decline as a result of the spreading coronavirus. That’s according to GlobalData Retail, which said that the prevention of travel for Chinese consumers will impact the performance of airport retail worldwide. Global airport retail had been estimated to increase 6.1% in 2020, to …
Analyst: Coronavirus will hit airport retailers worldwideRead More
Social media advertising by retailers to hit nearly $65 billion
Social media advertising is increasingly a primary focus for retail brands — and one platform dominates. Fifty-percent of retail advertisers are planning to spend at least half of their annual marketing budget in 2020 on social media ads, according to a survey commissioned by Smartly.io and conducted by WBR Insights, research arm of the eTail …
Social media advertising by retailers to hit nearly $65 billionRead More
Social media advertising by retailers to hit nearly $65 billion
Social media advertising is increasingly a primary focus for retail brands — and one platform dominates. Fifty-percent of retail advertisers are planning to spend at least half of their annual marketing budget in 2020 on social media ads, according to a survey commissioned by Smartly.io and conducted by WBR Insights, research arm of the eTail …
Social media advertising by retailers to hit nearly $65 billionRead More
Report: Wawa hit with lawsuits following data breach
Get great content like this right in your inbox. Subscribe At least six lawsuits have reportedly been filed in the wake of a data breach that exposed the credit and debit card information of Wawa customers. The lawsuits allege that the retailer failed to adequately secure its computer systems from hackers who installed malware affecting …
Report: Wawa hit with lawsuits following data breachRead More
UK music purchases hit highest level since 2006 | Business
British fans bought or streamed the equivalent of more than 150m albums last year as music consumption in the UK hit its highest level since 2006, driven by the success of artists including Lewis Capaldi, Billie Eilish and Ariana Grande. Across all formats – including digital downloads and streams from subscription services as well as …
UK music purchases hit highest level since 2006 | BusinessRead More
Report: Wawa hit with lawsuits following data breach
Get great content like this right in your inbox. Subscribe At least six lawsuits have reportedly been filed in the wake of a data breach that exposed the credit and debit card information of Wawa customers. The lawsuits allege that the retailer failed to adequately secure its computer systems from hackers who installed malware affecting …
Report: Wawa hit with lawsuits following data breachRead More
CBRE: Online holiday returns could hit $41.6 billion
Get great content like this right in your inbox. Subscribe Retailers and shippers this holiday season will handle more returns than ever of goods bought online. That’s according to a new report from CBRE, which forecasts that online returns could total as much as $41.6 billion this holiday season. CBRE calculates a maximum value for …
CBRE: Online holiday returns could hit $41.6 billionRead More
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