Retail News & Headlines
September 18, 2020
Top stories in retail news and the business headlines that interest us today.
Shift in US Morning Coffee Rush
Business Insider — The coffee rush in the US has shifted from bright and early to later in the morning as people need ‘a break from their Zoom,’ says Dunkin’ CFO
“Before the pandemic, consumers lined up for coffee on their way to work between the hours of 6 a.m. to 9 a.m. every morning. Now, people show up more between the hours of 10 a.m. and 2 p.m., Dunkin’s CFO said.
Dunkin’ isn’t the only chain restaurant feeling the change. Breakfast sales have ‘dried up’ at McDonald’s, Panera, and Starbucks, Business Insider previously reported.”
Beauty Tech in the Coronavirus Fight
“When the Covid-19 pandemic created the need for facial recognition software that works when everyone is wearing a mask, CyberLink Corp. had a headstart: an algorithm designed to solve a tough tech challenge – virtual makeup applications.”
Whole Foods Continued Reduction of Grocery Prices
“Mackey’s comments come as the U.S. continues to battle the coronavirus pandemic, during which grocery prices have increased as supply chain issues bubbled up, particularly in the meat industry.”
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