Retail News: Top Stories
April 8, 2020
Top stories in retail news and the business headlines that interest us today.
COVID-19 Could Change Fashion and Retail
“Nobody really knows what the world will look like on the other side of the Covid-19 pandemic. The only certainty is that it’s bound to be different. The crisis has already ushered the global economy into a recession, and seems poised to leave its mark on how consumers live, how they spend their money, and even how they dress.”
Processed Foods Make a Comeback
“Shoppers, moved by nostalgia and hunting for longer shelf lives, are returning to old standbys like Chef Boyardee and Campbell’s soup.”
Subway and Panera Are Selling Groceries
Business Insider — Chains like Subway and Panera are selling groceries, including loaves of bread, milk, and even toilet paper, as grocery stores struggle with shortages and long wait times
“Grocery stores are struggling to keep up with demand, with many customers unable to place online orders as they attempt to avoid crowded stores during the coronavirus pandemic.
In response, some restaurant chains — facing a massive decline in customers — are rolling out their own grocery services to sell off ingredients.”
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