One sector that could be very well positioned for a coronavirus comeback is the Off-Price retail space. Although the current situation puts these retailers in a compromising position, if pre-corona performance is any indication as to how these retailers will bounce back after the economy re-opens, these brands can quite possibly come out the other side with a positive outlook.
The United States has become a new epicenter of the coronavirus pandemic, and New York is considered one of the biggest hot spots, as confirmed cases continue to grow. It’s obvious that the spread of the virus is impacting the entire country and overall economy, but it's even more apparent that businesses are taking a much more significant hit in areas where the virus has hit the hardest. So, we dove into New York to see just how severe the damage has been thus far.
Pharmacies have been deemed “essential” by the government and have been allowed to remain open during the pandemic. But, many pharmacies are more than just an alternative place to stockpile goods, with a focus on necessary items like medications. They’re expecting to serve as additional testing stations for COVID-19.
As countries around the world continue to enforce travel restrictions and as cities in the US continue to shut down, there are certain industries that will be more greatly affected than others. So, we dove into the apparel industry, hotels and airports to see how these sectors have been affected so far from the virus.
With Black Friday and Super Saturday serving as anchors, Q4 is arguably the most popular time for shoppers to hit the stores. With endless amounts of sales and promotions, retailers are bound to see a bump in traffic throughout Q4 and the holiday period. So, we analyzed eleven of the top offline apparel retailers to see how they closed out 2019.
Towards the end of 2019, Yum! Brands announced a few strategic hires in order to improve its cross-brand strategy and enhance the overall customer experience through new technological advancements. So, As Yum! gears up for a fresh start in 2020, we dove into some of its top brands’ performances to see how well the company is positioned for a successful new year.