The truckers who haul toilet paper, hand sanitizer and ground beef to retail shelves across the country have their work cut out for them as stores try to rebound from the panic buying that has characterized the coronavirus crisis.
Archive for the ‘CONSUMER GOODS’ Category
COVID-19 restricting US trucking route map
The rapid spread of the coronavirus disease 2019 (COVID-19) in the United States is raising concerns about the ability to ship and deliver goods domestically as businesses are urged to shut down. Over the past week, COVID-19-related closures rapidly extended beyond schools, universities, and churches to bars, restaurants, and other public places.
Coronavirus could deliver 17 million-TEU blow to container shipping
The impact on container shipping lines from the coronavirus pandemic could total about 17 million twenty-foot equivalent units (TEUs), according to Lars Jensen, CEO of Copenhagen-based SeaIntelligence Consulting.
Trucking on the Front Line in Fight Against COVID-19
As an increasingly aware United States mobilizes to contain the spread the new coronavirus that causes COVID-19, the trucking industry is uniquely positioned to help in the containment effort-or further accelerate the spread of the pandemic.
Amazon Prioritizes Getting Shipments Related to COVID-19 into Fulfillment Centers
A day after announcing it is hiring 100,000 more people, Amazon told sellers and vendors in the United States and European Union on March 17 that it is “temporarily prioritizing products coming into its fulfillment centers” to focus on household staples and medical supplies in high demand due to the coronavirus/COVID-19 epidemic.
Cyber Monday 2019 By The Numbers: A Record $9.4 Billion Haul
With the busy holiday shopping season well under way, Cyber Monday raked in a new record of more than $9 billion in sales, marking the first day in history when consumers spent over $3 billion using their smartphones, the latest report from Adobe Analytics shows. Total sales hit $9.4 billion—up nearly 19% from a $7.9 billion […]
Holiday season off to a solid start as 190 million people shop Thanksgiving weekend
The holiday shopping season has begun in earnest, with nearly 190 million consumers shopping between Thanksgiving and Cyber Monday, the National Retail Federation said Tuesday. The retail trade group said that’s up 14% from the same period a year ago. On average, those shoppers spent $361.90, up 16% from last year.
Teen shoppers are not as ‘fickle’ with brands as you think, Crocs CEO says
It may be an internet world where memes are here today, gone tomorrow, but teen shoppers are actually loyal to products and brands, Crocs CEO Andrew Rees told CNBC on Wednesday. “When they’re buying something that provides a lot of value, they stick with it,” Rees said on “Power Lunch.”
Shoppers are demanding more ways to return purchases—and they’re getting their way
Traditional return options just aren’t doing it for shoppers anymore. Consumers want more convenient and flexible choices, including more in-store returns for online purchases and designated locations to pick up and drop off packages, according to a global online survey by Narvar.
How To Improve Your Small Business’s Black Friday Sales
When it comes to hot shopping days, it doesn’t get much hotter than Black Friday and Cyber Monday. Black Friday sales kick things off, and for business owners, it can seem like a 96-hour rollercoaster ride from Friday through Monday. While you don’t need to extend your sale more than just those two specific days, […]