COVID-19

Retail
Bed Bath & Beyond’s 2020 Trials Ready For 2021 Rollout

The COVID-19 pandemic has driven Bed Bath & Beyond to adopt and advance initiatives quicker than it ever intended. However, that has helped the retailer boost its proficiency in developing and applying data and exercising its operational flexibility in application in ways that the company expects has better prepared it to thrive in the year ahead.

Retail
Qurate’s George Cites Retail Achievements In NRF Keynote

In the opening keynote address kicking off the virtual Chapter 1 of the National Retail Federation Big Show, Mike George, president and CEO of Qurate Retail Group and NRF chairman, spotlighted how the retail sector reacted to the COVID-19 pandemic and social turbulence over the past year, emphasizing how the industry worked to improve conditions in communities around the United States.

Retail
Wayfair Boosts Hourly Worker Pay

Effective January 3, Wayfair established a $15 minimum wage for all employees including  full-, part-time and seasonal workers across its operations in the United States, the company has announced.

Retail
Walmart Adds New Gift Shopping Features

This holiday season, Walmart has added new features to make online shopping easier for gift givers, the company announced, including new categories in the Gift Finder tool, new ways to inform customers which items can be sent as a gift and a new eGift Card feature in the Walmart app.

Retail
NRF: Holiday Sales To Gain Between 3.6% And 5.2%

In a complex retail marketplace roiled by the COVID-19 pandemic, the National Retail Federation forecast that sales in the November and December holiday season will gain between 3.6% and 5.2% this year versus the 2019 period to a total between $755.3 billion and $766.7 billion.

Retail
Survey: Home-Oriented Gift Cards Hot For Holiday

Blackhawk Network, which develops branded pay products, has determined that the COVID-19 pandemic has renewed consumer interest in home, redecorating and DIY projects as suggested by a study conducted from August 24 to 31 indicating that home good gift cards purchasing had increased 71% year over year.

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