5/22/2020 The COVID-19 pandemic has thrown the United States into a recession.
5/21/2020 Given that all Best Buy’s physical stores were closed for six weeks of the quarter and that it sells mostly bigger ticket discretionary products, a sales decline of 6.3% is nothing short of a remarkable result.
5/20/2020 An excellent performance from Lowe’s saw sales increase by 10.9% on a total basis and by 11.2% in comparable terms.
5/20/2020 The economic impact COVID-19 is having on physical stores is unprecedented, as more than 250,000 locations across the U.S. have either temporarily or entirely closed since March.
5/19/2020 As the largest grocer in the U.S. – and one of the handful of retailers that remained open in March and April – many consumers turned to Walmart during the coronavirus crisis, both to stock up pantries and to secure the everyday goods they need.
5/18/2020 After a long period of decline, JC Penney has finally bowed to the inevitable and filed for bankruptcy protection.
5/15/2020 In April, total retail sales plummeted by 20.9% on a year-over-year basis.
5/14/2020 COVID-19 is altering consumer behaviors and many of these shifts could be permanent.
5/13/2020 In early 2020, retail was predictable.
5/12/2020 COVID-19 has had a profound impact on the ways in which we use (or, more accurately, avoid) public accommodations spaces in recent months.
5/11/2020 The coronavirus pandemic has undoubtedly taken a toll on most industries, and certainly retail has been amongst the hardest hit.
