Retail Sales Take Their First Official Hit; Plus, Trust Is Ready For Its Closeup; And IKEA Donates Masks In Crisis
 
 
 
 
 
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March 18, 2020
 
 
 
 
  Shop Talk®
 
 
 

Trust Becomes Valuable Commodity For Retailers

 

In the midst of the COVID-19 crisis, consumers are looking to retailers for information as well as products. In a time when developing consumer confidence is critical, new information from Chinese retailers provides some clues for achieving trusted advisor status.

 
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  COVID-19
 
 
 

NEW REPORT: How COVID-19 Changed Daily Life For 85 Percent Of US Consumers

 

The COVID-19 pandemic brought March in like a lion, with 85 percent of consumers saying they feared the virus earlier this month. But how much did this fear impact how they lived their daily lives, while the decision was still theirs to make? The inaugural edition of the PYMNTS COVID-19 Brief series surveyed 2,128 U.S. consumers to learn how consumers altered their shopping habits to avoid contagion. Read More...

 
  Branding
 
 
 

Can The New England Patriots Brand Survive Losing Tom Brady?

 

It's bad news for Boston, but it's a branding case study in the making. As Tom Brady exits the Patriots, he has his own brand to maintain. Meanwhile, the team he left in the lurch has some serious issues to address. A branding analyst explains the risk of making one face the image of a brand.  Read More...

 
  Today In Data
 
 
 

Tackling The Coronavirus Impact On SMBs And Individuals

 

Companies are aiming to mitigate the impacts of the coronavirus on restaurants and individuals, while small businesses may not have a backstop – or a buffer against disruption – with insurance. Take a look at how Grubhub is seeking to help impacted independent restaurants with commissions – and, separately, how the coronavirus could impact insurance claims.  Read More...

 
  What's Hot Today In Retail
 
 
- Apple Announces ‘Most Advanced’ iPad Pro
 
- Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks
 
- US Retail Spending Dropped 0.5 Pct. In Feb.
 
- UK’s Dixons Carphone Warehouse Shutters 530 Locations, 3K Jobs Lost
 
- Costco Pays $1B To Sears Owner For Logistics Firm Innovel
 
- Uber, Lime Pause Some Ridesharing Services
 
- IKEA Donates 50K Found Masks To Swedish Hospital
 
- Apple/Disney: Is Apple About To Make The Happiest Acquisition On Earth?
 
 
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