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Tag: report

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 …

The Consumer Buying Behavior Report 2020 – An OverviewRead More

Grocers must fix broken online model, report says

A shopper for Instacart studies her smart phone as she shops for a customer at Whole Foods in Denver. Cyrus McCrimmon | Denver Post | Getty Images For some American shoppers and grocers, it took a pandemic to push them online. As the coronavirus spread in the spring, some customers downloaded grocery shopping apps for the …

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FMCG firms report sales growth in June as supply chains stabilise

Several FMCG companies have reported sales growth in June and expect the momentum to continue in Unlock 2.0, though some challenges persist. According to a PTI report: Firms such as Godrej Consumer Products Ltd (GCPL) and Marico expect overall growth in the April-June quarter, which was severely impacted due to the coronavirus lockdown. GCPL expects …

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Black-owned businesses report boost in sales on Blackout Day

Michael De Los Santos saw a big boost in sales on Blackout Day as consumers supported his BBQ sauce business. Source: Michael De Los Santos As activists and allies spread the word about Blackout Day, some Black-owned businesses said they saw a boost in support. The movement urged both Black consumers and others to either …

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Walmart’s stock rises 7% on report of Amazon Prime competitor coming this month

Walmart‘s answer to Amazon Prime will launch this month, according to a report by Vox’s Recode. The big-box giant confirmed in February that it plans to roll out a subscription-based service called Walmart+, but it hasn’t revealed details or its strategy to attract members and stand out from competitors. Shares rose by nearly 7% Tuesday to …

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First RXEU Growth 3000 report now available to download

The first RXEU Growth 3000 index, published in association with Rakuten and Ingenico, is now available to download. The report offers new insights into a how up-and-coming retailers across Europe trade, and sets the context of an extraordinary year, in which Covid-19, Brexit and the environmental transition are setting a fast pace of change.   …

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Report: Apple Closes 30 More Locations, McDonald’s Halts Reopenings As COVID-19 Spreads

Responding to increases in COVID-19 cases in multiple regions, Apple will close 30 additional U.S. stores, bringing its total number of reclosures to 77, according to CNBC. McDonald’s also is responding to the pandemic’s resurgence by halting plans to reopen dining spaces for 21 days. The Apple closures affect stores in Alabama, California, Georgia, Idaho, …

Report: Apple Closes 30 More Locations, McDonald’s Halts Reopenings As COVID-19 SpreadsRead More

42 pc Indians have increased use of digital payments in lockdown: Report

The nationwide lockdown has benefited digital payment platforms as 42 percent Indians have increased the use of digital means for payments in the last three weeks, a report said. As per a PTI report, buying essentials and mobile recharges are top use cases for digital payments, according to a survey of 42,000 respondents done by consultancy …

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Report: Amazon to pause third-party shipping during COVID-19 surge

Get great content like this right in your inbox. Subscribe Amazon is going to temporarily cease direct competition with major shipping providers like FedEx and UPS. According to the Wall Street Journal, Amazon will temporarily cease operations of its Amazon Shipping service in June. Launched in April 2019, Amazon Shipping bypasses Amazon fulfillment centers entirely. …

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Indian retail market to reach US$ 1 trillion by 2025: Report

The Indian retail market is estimated to cross US$ 1 trillion mark by 2025 and top five retailers could take on a bigger slice of the industry, reaching over 10 percent market share each in the next decade, a new report titled “Retail 4.0: Winning the 20s.” said on Wednesday. The Indian retail market is …

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