Tag: pandemic

Must Read: How the Fashion Industry Will Change After the Pandemic, Why Some Stores Are Closing Both Retail and E-Commerce

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These are the stories making headlines in fashion on Monday.

How will the fashion industry change after the pandemic?
In an opinion piece for Business of Fashion, Angelo Flaccavento shares his thoughts about the fate of the fashion industry, which has been hard hit by the deadly Covid-19 outbreak, writing, “…this crisis is an opportunity to edit down the superfluous, to regain our long-lost soul, to do away with heavy marketing and the insidious economy of influencing.” {Business of Fashion}

Why some stores are closing both retail and e-commerce operations
Fashion companies have

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New report captures how the pandemic changed grocery shopping | 2021-05-26

Prior to Covid-19, American consumers were spending more on food away from home than ever before. For example, the $931 billion consumers spent on overall food away from home expenditures in 2018 exceeded food at home expenditures by nearly $150 billion, according to USDA’s Economic Research Service. However, as the American public grappled with the pandemic and stayed at home or social distanced during much of 2020, much of that trend reversed. Today, 58{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a} of shoppers report eating more at home and nearly half (49{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a}) report cooking or preparing their own meals more than before the pandemic. When it comes

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Why Grocery Outlet is succeeding during the coronavirus pandemic

Grocery Outlet (GO), an “extreme value” supermarket chain with around 350 stores, mostly on the American West Coast, is capitalizing on shoppers stockpiling groceries during the outbreak and the havoc across supply chains.

The grocer, which does not sell online, went public last year and sells its products 40{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a} below conventional supermarket prices. It said Tuesday that sales at stores open for at least one year increased 5.1{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a} during its most recent quarter. Like other grocers and retailers that have stayed open during this crisis, Grocery Outlet’s sales accelerated in March as the virus spread across the … Read More

Auto Insurance Shopping Surged During 2020 Pandemic, JD Power Finds

A 55{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a} decrease in the average number of miles driven and a record 15{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a} unemployment rate sent many auto insurance customers shopping for a new policy after the onset of the pandemic in 2020.

What they found was an increasingly homogenized marketplace differentiated primarily by price. According to the J.D. Power 2021 U.S. Insurance Shopping Study, insurers’ efforts to differentiate themselves in the marketplace will increasingly hinge on bringing more innovative customer solutions to market.

“The pandemic has revealed a lot about insurance shopping behaviors in 2020, as there was a significant surge in shopping activity among customers who were

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Pandemic has forever changed online shopping, UN-backed survey reveals |

The study examined how the global crisis has impacted the way people use e-commerce and other digital tools, with more than half of respondents reporting they now shop online more frequently. 

“The COVID-19 pandemic has accelerated the shift towards a more digital world. The changes we make now will have lasting effects as the world economy begins to recover”, said UNCTAD Secretary-General Mukhisa Kituyi. 

Online news and entertainment 

UNCTAD conducted the survey together with Netcomm Suisse eCommerce Association, in collaboration with the Brazilian Network Information Center (NIC.br) and Inveon, a Turkish digital commerce company. 

The countries covered were Brazil, China,

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