Retail News & Headlines
January 13, 2021
Top stories in retail news and the business headlines that interest us today.
The 2020 Retail Timeline
“Over the past year, Retail Dive tracked store closures and openings, as well as furloughs, layoffs, hirings and bankruptcies. Here’s the story of 2020 in numbers.”
Amazon Opening More Grocery Stores
GeekWire — Two Amazon Fresh Grocery stores opening in Seattle region in latest brick-and-mortar expansion
“Amazon’s brick-and-mortar grocery footprint is expanding in the Seattle area as the tech giant confirmed it is opening two new Amazon Fresh grocery stores.”
A New Approach to Product Returns
Business Insider — Amazon, Walmart, and Target are taking a new approach to returns by telling customers to keep what they bought, even after issuing refunds
“More than three dozen retailers, including the nation’s oldest department store chain, filed for bankruptcy this year, marking an 11-year high.
Pre-pandemic, several of these retailers were already teetering on the brink of survival. But the Covid health crisis pummeled the industry.”
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