Retail News & Headlines
April 30, 2021
Top stories in retail news and the business headlines that interest us today.
Department Store Outlook
“It’s been a traumatic year for department stores. Battered and bruised by internet shopping and increased competition, many traditional retailers were well-compromised before Covid crippled the industry. Over the past year, there were some department stores that survived the pandemic’s challenges and others that became casualties and entered the retail graveyard.”
Major Chlorine Shortage
“The chlorine shortage is widespread and it will likely worsen — driving chlorine prices even higher — as homeowners start to prep swimming pools for the season. CNBC spoke to pool industry insiders in multiple states — including Florida, Michigan, Nevada and Texas — about the tight supplies, which are expected to blindside pool owners, who are largely unaware of the problem.”
Free Tacos
“Taco Bell will give away free tacos on May 4 to celebrate a lunar phase the company is calling ‘Taco Moon.’
This promotion is Taco Bell’s first-ever global campaign, using the moon itself as a billboard. It will also mark the most tacos Taco Bell has ever given away on a single day. Promotions will be available in over 20 global markets, including the US, from 8-11:59 pm in-store or all-day May 4 through the app or online.”
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