While the COVID-19 pandemic may feel never-ending, it won’t last forever — and brick-and-mortar retailers need to prepare themselves to get back on their feet in a safe, efficient manner. …
Even with most transactions frozen, this can be a good time to talk to customers, experts say. But retailers need to send the right message. Despite the surge of e-commerce …
Coined in 2017 by the founder of China’s e-commerce giant Alibaba, Jack Ma, the concept of ‘new retail’ has proven to be revolutionary. Put simply, it’s about how the consumer’s shopping …
Despite the adverse impact of the COVID-19 pandemic on retail, a revival of China’s consumer market is to be expected after such a difficult period. Triggered by the pandemic, technology …
Ever since the start of the COVID-19 outbreak, Walmart WMT has been impressive. Walmart has waived April rent for its in-store tenants, it has speed rushed contactless payment systems into operation, installed …
DURING THE early days of the covid-19 pandemic, American shoppers raided the aisles of supermarkets and pharmacies as if they were preparing for the apocalypse. Retailers such as Costco and …
Labour peer Andrew Adonis urges retailer to repay £585m government support package. Tesco has defended its decision to pay a £635m dividend while accepting a similar-sized tax break from the …
Amazon has stopped selling face masks, large-volume hand sanitizers, surgical gloves and facial shields to general consumers and is instead reserving these high-demand products for hospitals and government agencies, corralling …
In a normal time, financial people focus mostly on income statements and earnings, earnings, earnings. But when survival is at stake, they turn more to balance sheets. In layman’s terms: …
Stalled by coronavirus pandemic, American Dream rethinks its future and retail becomes an afterthought It is becoming even harder to call American Dream a megamall. Instead, the roughly 3 million-square-foot development that …