The new normal as malls reopen around the world does not look like normal at all. There are temperature checks, masks and in certain places fitting rooms are no longer available for use.
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Despite the dire situation analysts believe that TJX, Ross Stores and Burlington Stores have enough liquidity to weather the storm
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Neiman Marcus is seen as having the worst position of all department stores and likely will file for bankruptcy within days
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Chinese consumers have been given digital vouchers to spend on consumer goods and services to stimulate retail spending post COVID-19
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Many leading direct to consumer retailers are struggling to stay afloat as one of their primary engines for growth, marketing, is slashed in effort to save costs
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While there was a lot of discussion about toilet paper selling out there are several other items with very high spikes in sales including shelf stable products like oat milk, powdered milk products and dried beans
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In 2002 retail tenants selling goods comprised 53.2% of retail space in the U.S. now service tenants take up 52.6% while those selling products (i.e. Gap or a Victoria Secret) comprise 47.4% of space.
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Despite very challenging circumstances Nike has emerged as a leader in navigating the COVID-19 crisis.
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The retail sector is likely to embark on a slow path back to growth as measure to keep the pandemic at bay linger after the outbreak is under control
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See how six retailers including Apple, Chipotle and Starbucks came back from disaster through brilliant turnarounds
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If you are trying to keep your business afloat during COVID-19 here are ten sales ideas you can consider implementing today to provide relief.
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Here are several ways you can help the small business you love stay alive now and after the pandemic is over.
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As countries around the world recover from the coronavirus permanent shifts in consumer behaviour are likely
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See how 8 female entrepreneurs got their start and are reinventing the retail sector
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These fast facts paint a picture of how hard the retail sector has been hit as well how much progress China has made in getting back to normal or perhaps a new normal for now.
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Computer and consumer electronics is the eCommerce category with the highest sales while books, music & video has the highest eCommerce share / penetration rate.
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Amazon is still the biggest eCommerce retailer in the U.S. but Walmart and Target are fighting to take more share
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Are retail subscriptions the way to go? Only between 7% to 10% of consumers currently subscribe to them and many retailers have had difficulty finding a profitable model
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