Retail Continues To Contract; Antiques Business Goes Online; Stimulus Discussions Avoid Retail
 
 
 
 
 
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March 31, 2020
 
 
 
 
  Shop Talk®
 
 
 

The Antiques Market Bids Heavy On eCommerce

 

You too can now have online access to a $20,000 statue of Aphrodite from 1 BCE. The arts and antiques business is just now coming to the eCommerce arena, partially driven by market dynamics and partially by the COVID-19 crisis. It just might be the tipping point the industry needed.

 
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  Online Car Sales
 
 
 

Signs Of Life In The Online Car Space

 

The at-home car shopper has suddenly become a valuable customer, as the industry deals with closed dealerships and unstable spending as a result of the COVID-19 crisis. Cars.com researched the effects of the coronavirus on the industry — here's what they found.

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  Stimulus
 
 
 

New Stimulus Package Doesn’t Look Promising For Retail

 

The week opened with talk of another stimulus package from the federal government. At this point, it looks like its focus will be infrastructure and the travel business. Non-essential retail has been taking a huge hit, but is not at the top of the list for new funding.

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  Today In Data
 
 
 

Small Businesses Shift Their Outlook With The Coronavirus

 

The decade started with optimism for most small businesses, but it would take only three weeks for that thinking to change. Consumers began to voluntarily shelter in place – and many governments mandated it – during that time. Take a look at how nearly all small and medium-sized businesses have had to divert that outlook into a fight for survival.

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  What's Hot Today In Retail
 
 
- Retail Sales Crater In Hong Kong With Social Distancing, Travel Limitations
 
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- Coronavirus Closures Affect 630K Retail Businesses
 
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- North American Burger King Franchisees Get Rent Break, Cash Help
 
- Neiman Marcus To Stay Closed Through April 30; Lays Off Workers
 
- UK Retailers Under Fire For Nonessential eCommerce
 
- Paytronix Urges Restaurants To Use Gift Cards To Boost Loyalty, Sales
 
 
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