COVID-19 has prompted some extreme changes in consumer demands and spending patterns, so how are brands reconnecting with customers for a post-pandemic future? Read more in raconteur How to shop post-pandemic By Morag Cudderford Jones was last modified: September 6th,…
What Target has managed to do is take that same level of customer loyalty and translate it to a world where people haven’t been spending nearly as much time in stores. It’s not a new strategy, but in some ways,…
Luxury brands spent decades turning design, aspiration, and high-quality goods into a $380 billion global behemoth. The coronavirus pandemic changed it all in a few short months. Sales have plummeted, leading to forecasts for a precipitous decline in 2020 revenue…
The way we understand retail has shifted—big time. COVID-19 brought the retail industry to its knees in many ways. Brick and mortar shops once-daily frequented, saw a dearth of clients. Read more in Rallyware Retail Reinvented: Pros and Cons of…
Startup and then scale-up. What’s next? Well, when startup companies reach that level of growth, it’s true that the challenges they’ll have to deal with change. They’ll now have to focus on sustaining a leading position in their market, probably…
In the world of retail, business failures are easy to find. Identifying a successful business turnaround, on the other hand, is far more difficult. Even the professionals paid to inject new life into troubled businesses admit that the hogh street…
Average daily traffic to Walmart’s online grocery site reached 1.1 million between March 1 and March 20, according to SimilarWeb—a 55% increase on average daily visitor numbers during the previous two months. Read more in Zdnet Online grocery shopping numbers…
In mid-March 2020, department stores were classified as nonessential businesses and forced to shutter in an effort to curb the spread of the disease. Read more in fast company Department stores were the original retail startups. Now they’re headed for…
Amazon pledged over $350 million to raising wages by $2 per hour in the US, £2 per hour in the UK, and “approximately” €2 per hour in many countries in the EU throughout April, a commitment worth over $350 million.…
A 49-minute trip became a free Lack coffee table. About two hours of driving scored a Billy bookshelf. Even a five-minute trip was good for a veggie dog. Read more in Fast Company Ikea is giving out free coffee tables—but…
