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Tag: pandemic

US Retailers Must Prepare For Q4 Amid Pandemic Disruption

Q4 contributes a significant part of many retailers’ annual revenues and profits. As of mid-Q3, factors like high unemployment, a resurgence in COVID-19 cases, short-term and permanent store closures, and the expiration of the US Federal Pandemic Unemployment Compensation program are making it challenging for US retailers to plan for Q4. We’ve created a collection …

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Grocery shopping frequency declines as pandemic concerns remain high

Consumers are shopping for groceries less but spending more than they did pre-pandemic. That’s according to the ninth COVID-19 grocery shopper research report from Acosta, which found that shopping once a week has declined 20% since the pandemic began, from 67% of shoppers to 47% of shoppers. The report also found that shoppers’ concerns about …

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Best practices and new solutions for food retailing during a pandemic

Scientists all over the world are scrambling to expedite vaccine trials, launch antiviral drugs and create new diagnostic tests to help end the COVID-19 pandemic. But there’s another assailant threatening to disrupt global society, and especially food retail. The name of that enemy isn’t coronavirus. It’s fear. If you are a food retailer, you might …

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The pandemic has exposed the dark underside of fast fashion’s supply chains | Niloufar Haidari | Opinion

Aren’t you so over lockdown life? I am. After three months of “namastaying-inside” wearing my crop-top ensembles and glamming up on the weekends for Zoom drinks with my besties, I was more than ready to step outside last weekend. No, this isn’t something I made up: namastay-inside is a phrase recently coined by the fast …

The pandemic has exposed the dark underside of fast fashion’s supply chains | Niloufar Haidari | OpinionRead More

The 10 most valuable malls in America before the coronavirus pandemic

People are seen walking through Roosevelt Field shopping mall in Garden City, New York. Shannon Stapleton | Reuters Before the coronavirus hit, America’s most valuable malls were driving billions of dollars in sales annually, contributing hundreds of millions of dollars to local tax coffers.  Now, nobody knows what those numbers are going to look like coming …

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How to be a post-pandemic grocer

The high-tech touchless grocery store that Amazon opened in Seattle this past February was viewed by some in the grocery industry as an expensive gimmick, a multi-million-dollar publicity stunt. The future of grocery retail? No way. It’s never gonna work, many said. Then a highly contagious respiratory disease called COVID-19 came along and blew up …

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Here are five charts illustrating the U.S. economic recovery amid the coronavirus pandemic

A passenger walks through Reagan National airport as the novel coronavirus (COVID-19) pandemic continues to keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, April 29, 2020. Kevin Lamarque | Reuters Direction requests Data from navigation tool Apple maps …

Here are five charts illustrating the U.S. economic recovery amid the coronavirus pandemicRead More

‘We are using the pandemic as an opportunity to reset’

Tory Burch Photo by ANGELA WEISS On Monday, Tory Burch surprised 50 women across the nation with a surprise Zoom call to personally congratulate the founders on being selected for the fifth annual Tory Burch Foundation Fellows Program, which supports the empowerment of women entrepreneurs. The fellowship, which receives thousands of applications annually, provides women entrepreneurs with …

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More consumers ventured online to buy breakfast during the pandemic

The coronavirus pandemic has upended many consumers’ typical breakfast routines, causing many fast-food chains to lose out on early morning sales as their usual customers choose to eat cereal at home instead. But some consumers are forming new routines and ordering their breakfasts online, through the likes of DoorDash and Uber Eats. Between the weeks …

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MaxWholesale assists employees with special initiatives amidst the pandemic, Retail News, ET Retail

MaxWholesale, a B2B e-commerce platform has announced a plan detailing the initiatives taken to protect its employees and help them cope with the pandemic. As an essential services company, the brand had been allowed to continue its operations even during the lockdowns. To appreciate employees’ effort for working even during these tough times, the company …

MaxWholesale assists employees with special initiatives amidst the pandemic, Retail News, ET RetailRead More