The spread of COVID-19 has led to a crisis in which the effects are very similar to natural disasters depending on the number of fields and industries involved. The agri-food industry was also affected by this crisis; however, according to its specific features, it responded differently from...
New survey results suggest where, and how, food retailers in Asia might rethink their businesses in the wake of COVID-19. byDymfke Kuijpers,Simon Wintels, andNaomi Yamakawa As the coronavirus pandemic spreads across the globe,threatening lives as well as livelihoods, it has clarified the ...
This pandemic has not been kind to a lot of traditional stores: The COVID-19 lockdown put already declining mall-based retailers like J.Crew, True Religion, Neiman Marcus, and JCPenney out of their misery (they all filed for bankruptcy this spring). But interestingly, some DTC brands are ...
Our nation’s retailers have been facing unprecedented disruption for the last decade. Now, a global pandemic has left many stores and restaurants shuttered indefinitely. Industry forecasts predict that even more brands will permanently close this year. Every day brings a new set of challenges as w...
Now is the time to think about retail M&A after COVID-19. Four trends could unlock opportunities that enable retailers, brands, and investors to shape the next normal.
Through it all though, retail trade association British Retail Consortium (BRC) has been on hand helping advise retailers and conducting valuable research to help the industry make sense of what’s happening. Covid-19 isn’t its own concern though as the BRC is constantly working to h...
DUBLIN, April 30 (Xinhua) -- Ireland's retail sales in March went down sharply by nearly 13 percent due to the impact of the COVID-19 pandemic, according to the figures released by the country's Central Statistics Office (CSO) on Thursday....
After the COVID-19 epidemic erupted, the entire retail industry faced severe challenges including zero foot traffic, liquidity crises, supply chain disruption, shortage of frontline employees, and difficulty in managing organizations. According to preliminary estimates from the global consulting firm Kearne...
Customers shop at a Sam's Club warehouse store at Beicai Town in Pudong New Area, east China's Shanghai, May 2, 2022. Large retail companies in Shanghai have started to reopen their supermarkets amid the recent COVID-19 resurgence. (Xinhua/Chen Jianli) ...
No matter what industry you work in, it is so important to always be yourself. Gone are the old-school car-sale days where salesmen will just pitch anything to you to land the sale. Things like, “there are soooo many people interested in this… Buy it?” Or, “The CEO wears this ...