Retail News: Top Stories
May 8, 2020
Top stories in retail news and the business headlines that interest us today.
Shopping Experience Changes
Business Insider — Kohl’s, Macy’s, Ulta Beauty, and Gap are reopening stores. Here’s how your shopping experience will change.
“Retailers are reopening stores after weeks of closures because of widespread shelter-at-home orders amid the coronavirus pandemic.
Nordstrom, Best Buy, Macy’s, Gap, and Kohl’s are among the companies that are planning to start welcoming back shoppers.
But as shoppers return to stores, they will notice many changes.”
Emerging Digital Retail Trends
“As the COVID-19 crisis drags on, its impact on how customers shop becomes more pronounced. With the utility of physical stores limited by legal restrictions, social distancing, and consumer reluctance to visit, retailers are turning to digital technologies and strategies to weather the pandemic. Here are three notable trends.”
The Retail Liquidations
“As the number of retail bankruptcies start to pile up from companies whose final destruction was caused by the coronavirus pandemic, we are about to see a massive round of close-out/going-out-of-business/liquidation sales. It’s likely to be the largest such wave in modern retail history.”
Contact
Contact us below for more information or cost estimation for an upcoming project.
[Form id=”9″]
