Retail Trends Gleaned From NRF 2021 — Forbes.com
The NRF 2021 show is all about moving “Forward Together,” and analysts are noting some emerging trends: “Truly, this year’s NRF is about resilience. It’s about reinvention....
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Topic: Business/Economy
Retail Sales Slowed in December — CNBC.com
Retail sales in the United States slowed in December 2020: “U.S. retail sales declined further in December as renewed measures to slow the spread of Covid-19 undercut spending at restaurants...
READ MOREManufacturers Plan Supply Chain Changes in 2021 — SupplyChainDive.com
In response to COVID-19, politics, and rising costs, manufacturers are changing up how they do business in 2021 and beyond: “Of middle-market manufacturers surveyed, 22% reported plans to...
READ MOREMarc Lore to Depart Walmart — CNBC.com
Marc Lore, founder of Jet.com and head of Walmart’s U.S. e-commerce operations, is departing the company: “Lore joined the company in 2016 when Walmart acquired Jet.com, the start-up that...
READ MOREWalmart’s CCO: Customers are Worried About the Economy — CNBC.com
At a recent NRF conference, Walmart’s Chief Customer Officer noted that many Walmart customers are concerned about economic issues: “Almost half of Walmart customers surveyed in...
READ MORE2020 Retail Store Closings Set Records — Fortune.com
Retail store closings in 2020 reached an all-time high, in part due to COVID-19 and the acceleration of e-commerce: “Ravaged by a pandemic that shuttered stores for weeks in the...
READ MOREPandemic Leads to Value-Conscious Grocery Shopping — FoodNavigator-USA.com
The pandemic continues to impact grocery shopping, with a consumer base that needs to watch its pennies and an increased interest in private label brands: “More consumers suffering from...
READ MOREPandemic Leads to Rethinking, Reinventing Product Packaging — SupplyChainDive.com
Product packaging is undergoing major changes as packing departments socially distance workers and consumers opt for omnichannel shopping: “‘Operations managers had to rethink how their...
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