coronavirus

Retail
Analysis: September Sales Bode Well For Holidays

September retail sales results hold positive prospects for the holiday season, according to Deborah Weinswig, CEO and founder of Coresight Research and Alex Fitzgerald, a principal in the consumer practice at Kearney, a global management consulting firm.

Retail
Coresight: Holiday Retail Sales To Advance 5%

As it evaluates gift-giving season, Coresight Research has estimated that total retail sales in the United States will increase by about 5% year over year during the holiday period, boosting total October through December sales to $1.1 trillion.

Retail
Nielsen: Pandemic Boosts Online Shopping Globally

According to Nielsen, in its new “Global New Shopper Normal Study,” only 9% of global consumers regularly shopped online before the COVID-19 pandemic. But as movement restrictions pushed consumers indoors, online adoption skyrocketed, with 27% of global consumers starting to shop online for the first time.

Home Décor
New TL At Home Moves Address Community During Pandemic

TL at Home is launching two new community-oriented initiatives that represent a unique response to the COVID-19 pandemic: Love Letter, an online blog from company president Shari Kline; and NS Gratitude & Giving Back, a new annual charitable program that starts this month and will return every October.

Retail
Lowe’s Provides Additional Employee Bonus

Lowe’s will provide an additional $100 million in discretionary bonuses to recognize front-line hourly associates for their continued service and support of their communities, bringing the company’s total commitment to associates and communities during the pandemic to more than $775 million.

Retail
Pandemic Resets Housewares Retailing Balance Of Power

Normal is never going to look the same again, and although circumstances are shaping up to provide profound opportunity for housewares and home furnishings retailers, the emerging marketplace is going to require sweeping, even radical, departures from past practices.

Retail
Walmart Prepares Approach To Unique Holiday Season

After reviewing changing customer shopping behaviors and speaking with customers over the past six months, Walmart plans to address three key shopping trends expected for this unique holiday season: an increase in online shopping, evolving wish lists and the need for a fast, easy and safe shopping experience.

Trade Shows
Messe Frankfurt Moves Ambiente 2021 Show To April

As a result of the pandemic, Messe Frankfurt will not be holding any of its own physical trade fairs at the Frankfurt exhibition grounds between January and March 2021. The company is revamping its spring trade fair calendar to focus on new synergies and new digital offerings, and will move Ambiente to April 17 to 20, 2021.

Other
Pivoting To A More Responsive Retailer Ranking

First-half retail financials confirm sudden shifts in retailer market share during the pandemic. The results also confirm an unprecedented, yet necessary, pivot by the HomeWorld Business team in the development of its annual ranking of top housewares retailers.

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