Lost in the wake of Walmart’s blowout quarter (e-commerce sales up 74% and same store sales climbed nearly 10%) is the news that they are officially shutting down Jet.com. The news itself is not shocking: they have been telegraphing this for well over a year…
There’s nothing like massive disruption to accelerate a trend that was already occurring in the market. In this instance, a global pandemic the likes we’ve never seen before has caused significant change in the retail landscape. While grocery stores have remained open and fared better…
What the last recession can tell us about this one… The Covid-19 virus has stressed – with a few notable exceptions – all retailers. Over the last decade, Direct-to-Consumer (DTC) brands were heralded as successful disruption stories that lay bare the inadequacies of stale legacy…
Extraordinary measures are being taken by supermarket retailers in response to COVID-19 in this extremely challenging time including customer limits, line spacing, the discontinuation of salad and hot bars and crucial safety precautions. Are these measures temporary or are they here to stay? We’ve been…
This week the impact of shifting consumer spending during COVID-19 resulted in a new wave of massive employee furloughs in non-food retail sectors. For those retailers still open for business, the employees working on the front line have become increasingly anxious about their own health. …
With the CDC now reporting over 300,000 COVID-19 cases and shelter-at-home orders issued in 40+ states (as of 4/3), every citizen and sector of the economy is being affected by the epidemic. By analyzing changes in foot traffic across food retail, we can monitor the…
This week about 90% of U.S. consumers are under a “Stay at Home” order. Most of these customers have moved beyond the hoarding period to the next wave of shopping behavior focused on limited trips to stores with increased purchasing on-line with home delivery. In…
Like many, I first want to say how proud I am to be associated with the retail food industry. The efforts on the part of everyone in the industry to keep stores in stock, associates safe and customers served as best as possible is nothing…
With jobless claims spiking to 3.3 M last week and more states moving to “Stay at Home”, Covid-19 continues to wreak havoc across the U.S. Many retailers have displayed agility and innovation to quickly implement new tactics to keep business going as well as contribute…
What a week! Covid-19 reaction hit the tipping point in the United States. As of Sunday, March 22, one in four Americans is required to stay at home unless seeking or providing an essential service. Most consumers in the rest of the country are voluntarily…
