Retail News: Top Stories
June 17, 2020
Top stories in retail news and the business headlines that interest us today.
US Retail Sales Surge
“US retail and food services sales in May grew an estimated 17.7% compared with April 2020, per the US Census Bureau, showing that US retail sales are improving after sales plummeted across categories in March and April as the coronavirus pandemic took hold.”
DoorDash + CVS
“As of today, DoorDash customers in select cities can order over 3,000 items from CVS — ranging from groceries to cleaning products and over-the-counter medicines. The deliveries will be no-contact by default, and users won’t be required to sign up for a delivery time slot or pre-schedule.”
Gifts With More Meaning
“Yes, the study is self-serving, as it concludes that diamonds are the perfect gift to express deep emotions and lasting value, but that doesn’t negate the other important findings around consumers’ motivations and attitudes about gift purchasing this year after the pandemic.”
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