Retail News: Top Stories
March 20, 2020
Top stories in retail news and the business headlines that interest us today.
List of Retailers Currently Hiring
Business Insider — Kroger, Amazon, and several ‘essential’ retailers are hiring for thousands of positions to meet overwhelming demand in the face of the coronavirus pandemic
“As retailers around the nation shut their doors in an effort to curb the spread of the coronavirus, “essential” businesses like grocery stores and pharmacies are seeking support to accommodate overwhelming demand.”
Just Three Retailers?
CNBC — Cramer worries that post-coronavirus US could have just three retailers: Amazon, Walmart, Costco
“[Jim] Cramer pondered the possibility of the already dominant Amazon-Walmart-Costco trifecta being the only games in town. ‘If it comes out that those are the three, can you imagine what it means for this country to just have three retailers?'”
Facebook Announces Grants To Small Businesses
“Facebook’s effort to assist small businesses during the coronavirus outbreak is yet another sign of just how much the pandemic is impacting retail.”
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