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Carter’s Flags Consumer Pricing Resistance, Moderates Back-Half Outlook Despite Strong Q2
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COVID-19 Resource Guide: Data, Tools And Blueprints For Recovery
The challenges of operating under COVID-19 have left many retailers struggling, but they are not alone. Players across the industry, from industry trade groups to solution providers to individual retailers,…
News May 21L Brands To Close 250 Victoria’s Secret And 50 Bath & Body Works Locations
L Brands is planning to permanently shutter approximately 250 Victoria’s Secret and 50 Bath & Body Works stores in the U.S. and Canada following a weak quarter. The COVID-19 crisis…
News May 21BJ’s Wholesale Club Generates 27% Sales Growth, 350% E-Commerce Increase In Q1
BJ’s Wholesale Club has joined Walmart, Target and other essential retailers that are succeeding in the face of the COVID-19 crisis: the company posted a 27% comparable sales increase, excluding…
News May 214 Things Every Retailer Should Be Considering Right Now
There’s no “right” way to handle COVID-19. It didn’t come with an instruction manual. Most retailers are (understandably) focused on “right now.” They’re doing everything they can to support their…
Executive Viewpoints May 21Preparing And Protecting Frontline Teams And Customers For Holiday 2020 Under COVID-19
Overnight, the world’s frontline workers in essential retail emerged as the heroes they are during the COVID-19 pandemic, while furloughed workers from other retail sectors joined the 30 million Americans…
Executive Viewpoints May 21Foko Retail Introduces Self-Assessment Tool For COVID-19 Symptoms
Foko Retail, a retail communication solution provider, has released MyCheck-In, a coronavirus employee screening tool. The company has also launched When Will Stores Reopen, a web site for tracking store…
News May 21Zoovu Helps Retailers Drive Conversions Through Conversational Search Options
Zoovu, an AI-powered conversational search platform, can help retailers guide shoppers to the products or content that are most relevant to their needs. The conversational search program uses AI to…
News May 21Lowe’s Boosts Comp Sales 11.2% In Q1; Ace Hardware Online Sales Leap 580% In April
Like big box retailers Walmart and Target, home improvement giants Lowe’s and Ace Hardware have benefited from their status as essential retailers during the COVID-19 pandemic. Boosted by an 80%…
News May 20Walmart Unifies Grocery And Walmart Apps, Adds Fulfillment And Payment Options
Walmart is in the process of merging the Walmart Grocery and Walmart apps in order to streamline the shopping experience. The retailer already is receiving 50% of all online grocery…
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