- March 2020
Retailers face an enforced halt to business
This is an international crisis that no-one expected. Up to a few weeks ago, all trade discussion was concerned with improving omnichannel and customer experience. Overnight, retailers face a major global but invisible challenge across all operations and all continents. A new virulent disease which crashes stock markets and halts economic activity, albeit temporarily. On March 16th, the European stock exchanges opened and fell respectively by 8% (Madrid), by 6% (Milan), by 5.6% (CAC 40 Paris) and by 4.8% (London). After arising in Asia, Covid-19 is now within both Europe and America, forcing everyone into drastic measures to slow the infection and mortality rate. On March 11th, Italy announced the closure of physical retailers apart from f...
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Interviews, World news - March 2020
“Retail businesses will continue to shift online, depending on their capacities to do so”
What strategies are U.S. retailers adopting? Neil Stern: The U.S. government has not decided to close non-essential stores. Cities like Chicago...
This is an international crisis that no-one expected. Up to a few weeks ago, all trade discussion was concerned with improving omnichannel...
It’s a weak signal, but a signal, nonetheless. Until last year, among the exhibitors at the NRF Retail Big Show, American editors...
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