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1.5 MILLION AMERICANS FILE FOR UNEMPLOYMENT BENEFITS: US LABOR DEPT. REPORTS DECLINING JOBLESSNESS IN THE US
Highlights:
• Federal government introduced an unemployment benefits scheme for the gig workers and the self-employed. Consequently, more people filed for benefits
• The unemployment rate in the US is declining steadily
SUPPLY CHAINS, SUPER MARKETS AND PEOPLE RUNNING ALSO DESERVE APPRECIATION
Highlights
• People stock up essential things more than required
• UK ministry urges people not to panic
• Role if technology in supply chain
Amidst coronavirus pandemic, there has been extreme demand for food and daily essentials. The reason...
TWO ACCOMPLISHED RETAILERS SHARING THEIR MARKET EXPLORATION
Local stores may be squeezed, but in an exciting and changing environment, the future could be more optimistic than expected because of the rise in ultra-modern retail space, such as Showfields and neighborhood products.
Essential Retail brings you four US ideas that inspire retailers t...
All retail stores in North America, Asia, Japan, and Australia are shut down by Bose
In North America, Asia, Japan, and Australia, Bose plans to close its full retail store footprint. This decision was announced earlier today and it was suggested that the company was "more and more bought by e-commerce" as a justification for its headphones, speakers and other items. Th...
AMAZON plans for further strengthening its presence in the retail space in Germany by setting up physical stores
The offline retail store of Amazon is planning to expand its presence in Germany via the help of physical stores. According to the reports, the firm is intending to set up offline retail stores across the country.
This resonates with the strategy of Amazon to boost retail space in Germa...
Family Dollar about to close around 400 Stores
Family Dollar, which is owned by the dollar tree, would be closing down 390 stores in 2019. These are the stores that aren’t performing pretty well. As a part of the firm’s 2019 Store Optimization Package, almost 200 stores owned by the Family Dollar would be transferred under the name of Dollar Tre...