Following recently issued Centers for Disease Control (CDC) guidelines stating that the COVID-19 virus can be spread through the air, Lidl U.S. said it will install new air filtration systems rated MERV 13 or higher in all of its U.S. stores by the end of this year.
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.
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.
NuWave said that an independent study conducted by the University of Minnesota Department of Mechanical Engineering has found that the company’s OxyPure Air Purifier reduces porcine respiratory coronavirus concentration in the air.
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.
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.
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.
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.
According to published reports, Amazon has scheduled Prime Day for October 13.
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.
The American consumer has changed. Due to the COVID-19 pandemic, there has been a significant shift in priorities prompted by a convergence of the health, economic and political and social crises that have taken the country and the world into unchartered territory.
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.
In a filing with the United States Securities and Exchange Commission, Kohl’s stated that it has taken action to further align its cost base in response to the business impact of the COVID-19 pandemic, and so reduced corporate positions by approximately 15%.
In its annual holiday forecast, Deloitte anticipates retail sales to increase between 1% and 1.5%, although the consulting firm admits that figuring out what might go on as 2020 ends is particularly uncertain.
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.