Retail News: Top Stories
May 15, 2020
Top stories in retail news and the business headlines that interest us today.
COVID-19 Surcharges
Business Insider — People are furious at restaurants adding COVID-19 surcharges, as food prices skyrocket and businesses struggle
“Angry customers are complaining about restaurants adding COVID-19 surcharges. But, owners say they are simply trying to stay in business as food costs skyrocket.”
From Stockpiling to Penny Pinching
“U.S. shoppers are making more trips to the dollar store. They’re stocking up with items from stores’ private-label brands more than usual and cutting back on snacks and sodas at convenience stores.”
Robot Salespeople
“The avatar robots in use at Avant Gallery aren’t for mass merchants that depend on drawing crowds of shoppers who don’t spend that much. But retailers that cater to the few who spend a lot, like a Restoration Hardware showroom, or a Land Rover dealership, should take one for a test drive.”
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