Retail 2020-04-21T15:38:00Z
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7 chains including McDonald's and Krispy Kreme are offering free food and drinks for healthcare workers and other first responders

These major chains are providing free pizza, doughnuts, coffee, and more to hospital workers and other people on the front line.
Retail 2020-04-21T15:29:52Z
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McDonald's technically qualifies for a $10 million coronavirus stimulus loan, revealing a disturbing loophole in a program designed to help struggling small businesses

The program, intended to save struggling small business, included a loophole that allowed companies as large as McDonald's to get loans.
Retail 2020-04-21T13:34:00Z
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Hundreds of thousands of retail workers are being furloughed or permanently laid off during the coronavirus pandemic. Here's who has been affected.

As retailers extend store closures and see brick-and-mortar sales come to a grinding halt, company executives are looking to cut costs elsewhere.
Retail 2020-04-21T13:15:00Z

IKEA plans to start reopening its European stores in May — and is stocking up for a post-coronavirus baby boom

The CEO of Ikea's parent company says kitchen and home office products have spiked. Now, the retailer is preparing for a baby boom as lockdowns lift.
Retail 2020-04-21T12:56:09Z

Lululemon issues an apology after an employee promoted an offensive T-shirt on social media, provoking a backlash online

The T-shirt was printed with images of bat-winged chopsticks and a takeout box with the words "No Thank You." In a caption, the artist said: "Where did COVID-19 come from? Nothing is certain, but we know a bat was involved."
Tech 2020-04-21T12:09:03Z

Hundreds of Amazon warehouse workers are set to call in sick to protest its response to COVID-19

Workers have complained Amazon isn't doing enough to protect them.
Media 2020-04-21T11:01:00Z

These are the 5 biggest digital trends to track as we head into 2020

In Five Digital Trends to Track as We Head Into 2020, eMarketer lays out its predictions across Digital Marketing, Media, and Commerce.
Retail 2020-04-21T10:09:00Z

Starbucks launches a new plant-based menu in China, featuring Beyond Meat products

This marks Beyond's Meat's debut into the Chinese market, where meat alternative products have yet to take off in the same way as in the US and Europe.
Retail 2020-04-21T06:04:00Z

The Future of Retail: Online Checkout

In The Future of Retail slide deck, Business Insider Intelligence outlines SRC-enabled checkout and explores how it could either take off or burn out.
Retail 2020-04-20T22:04:31Z

SPOTLIGHT: How will WFH — and the recession — impact the real estate industry?

This free Spotlight seminar will take a look at the future of the industry, touching on traditional real estate, proptech and flex space.
Tech 2020-04-20T21:36:23Z

Amazon is facing multiple inquiries from labor regulators into whether it unlawfully retaliated against workers who spoke out about its coronavirus response

Amazon has come under fire recently from employees, activists, and lawmakers for firing workers who criticized the company's safety measures.
Retail 2020-04-20T21:26:55Z

A wave of 'dark' stores could open across the US as governments lift restrictions on nonessential businesses

"Dark" stores aren't open to the public. They provide products only through drive thrus, curbside pickup, or delivery.
Strategy 2020-04-20T21:25:00Z

This Tunisian woman quit her office job to breed snails and sell their slime to beauty companies

Beauty brands have been putting snail slime into their products — and one Tunisian woman sells 44 pounds of snail slime a month.
BI Prime Tech 2020-04-20T21:07:45Z

Bank of America estimates Amazon's own delivery service could be worth up to $230 billion by 2025. This chart shows a growing warehouse footprint that's already as big as 7,300 football fields.

Amazon's investments in building up its own storage and shipping services could lead to a business worth $230 billion in 2025, Bank of America says.
Retail 2020-04-20T19:42:31Z

Shoppers slammed new rules restricting Walmart, Target, and Costco from selling 'nonessential' items but an expert says it could save lives

"If you reduce the time a person is in a supermarket by 50%, you reduce the amount of potentially viral aerosol [droplets] in the air by 50%."
Retail 2020-04-20T19:14:17Z

RESTAURANT APOCALYPSE: 8 million restaurant workers are now unemployed, as the industry braces for $240 billion in losses

8 million restaurant workers have been laid off or furloughed due to the coronavirus pandemic, with roughly two out of three employees out of a job.
Retail 2020-04-20T18:52:34Z

Industry experts say all restaurant owners should do these 7 things to stay afloat and boost sales during the coronavirus pandemic

Restaurants have been hit hard by the pandemic. Here's how restaurant owners can give their businesses a fighting chance of making it out alive.
Retail 2020-04-20T18:40:06Z

Shake Shack is giving hourly employees a temporary 10% raise after it gave back $10 million in small business loans and raised $150 million in stock offerings

The burger chain recently raised $150 million in stock offerings, and will give managers a 10% bonus through Q2.
Retail 2020-04-20T18:30:00Z

How did CBD oil become a $1 billion industry?

CBD stands for cannabidiol, and it's part of the cannabis plant from which we also get marijuana. We find out what exactly CBD is and how it's made.
BI Prime Retail 2020-04-20T17:45:19Z

Retailers like Levi's are finding early success selling products on TikTok — and say the video-sharing app could help bolster online sales amid coronavirus-related store closures

Levi's found that an experimental TikTok campaign more than doubled online views to its customized denim product pages in the past four months.
Tech 2020-04-20T17:34:00Z

Amazon reportedly tried to shut down a virtual event for workers to speak out about the company's coronavirus response by deleting employees' calendar invites

Amazon has now fired five workers since the coronavirus pandemic began who were involved in protests or criticized the company's treatment of workers.
Retail 2020-04-20T16:54:32Z

From the Chicago 1s to the Bred 11s, these are the best-selling Air Jordan sneakers on eBay in the last 15 years

The Air Jordan Bred 11 sold out of its pre-release drop on eBay in less than four minutes, making it the best selling Air Jordan on the platform.
Retail 2020-04-20T16:13:15Z

24 Hour Fitness reportedly considers bankruptcy options as the coronavirus pandemic continues to squeeze gyms across the US

Gyms and fitness studios are suffering as the coronavirus lockdown keeps their businesses closed and consumers at home.
Retail 2020-04-20T14:52:05Z

Amazon-owned Whole Foods is quietly tracking its employees with a heat map tool that ranks which stores are most at risk of unionizing

Stores' risk scores are based on more than two dozen metrics, including racial diversity, employee turnover, and "tipline" calls.
Retail 2020-04-20T14:30:00Z

How marijuana company Lowell Herb Co. makes 4 million joints a year

Lowell Herb Co., one of California's largest marijuana companies, produces over 4 million pre-rolled joints as well as other cannabis products.
Retail 2020-04-20T14:29:38Z

A chain restaurant analyst predicts that the $1200 stimulus checks will cause a bump in restaurants' sales

During last week's SPOTLIGHT, veteran analyst John Gordon predicted that restaurants will soon see a bump in sales as stimulus checks come in.
Retail 2020-04-20T14:09:00Z

How the coronavirus pandemic could lift gift card sales

Small businesses' push to sell gift cards to maintain cash flow during the pandemic could soften the expected decline in gift card sales.
Retail 2020-04-20T14:04:15Z

The dark reason liquor stores are considered essential businesses

Liquor stores were deemed essential partly because of how dangerous it could be for alcohol-dependent people to undergo withdrawal.
Retail 2020-04-20T13:40:14Z

'Air Jordan' wasn't the first name picked for Michael Jordan's iconic line with Nike. How the celebrated brand got its name.

An initial suggestion was to name the NBA star's line "Michael Jordan," but this was rejected by Nike.
Retail 2020-04-20T13:20:00Z

Why a shoe company is making 100,000 masks a week to fight the coronavirus

As mask shortages due to coronavirus have left doctors in hospitals at risk, retailers like New Balance and Ralph Lauren have started making masks.
Retail 2020-04-20T13:04:00Z

Take a look at what technologies retailers are introducing to revamp the in-store experience

Brick-and-mortar retailers are introducing new technologies to revamp the in-store experience. Get a preview in our FREE Future of Retail slide deck.
News 2020-04-20T10:51:50Z
Retail 2020-04-20T10:00:00Z

Why NASA spacesuits are so expensive

NASA's current fleet of spacesuits were built in 1974, and were reported to cost between $15 - $22 million. Today, that would be about $150 million.
Retail 2020-04-19T15:09:00Z

I'm a die-hard Taco Bell lover, but I refuse to order food from any chain restaurant during the pandemic. Here's why.

I have no beef with fast food. Before the pandemic, my job was to eat fast food for a living. But everything changed when the coronavirus attacked.
Retail 2020-04-19T12:00:00Z

7 tactics experts say retailers will use to manage excess inventory and attempt to stay afloat during the coronavirus

With stores shuttered across most of the nation, retailers are finding themselves with a mounting surplus of unsold inventory and nowhere to sell it.
Retail 2020-04-19T09:31:00Z

The coronavirus pandemic has hit the Greek tourism sector hard with 65% of hoteliers saying they could face bankruptcy

"Every industry will change after this [pandemic]. Whether this change will last forever, or 10 years, or three years, nobody can know."
Retail 2020-04-19T07:36:00Z

Luxury fashion brands have been aiding the fight against the global pandemic — here's what comes next for them

Research firm Bernstein says the luxury retail world should not lose sight of broader-term implications by only focusing on the present.
Retail 2020-04-18T19:03:00Z

Take a look at what technologies retailers are introducing to revamp the in-store experience

Brick-and-mortar retailers are introducing new technologies to revamp the in-store experience. Get a preview in our FREE Future of Retail slide deck.
BI Prime Retail 2020-04-18T14:00:00Z

The coronavirus is upending the bridal industry. Here's how one $18-million-backed gown startup is hitting record sales in spite of the pandemic

The CEO of a gown startup that hit record sales during the pandemic reveals why her company is thriving as the industry is pummeled.
Retail 2020-04-18T13:00:00Z

Trump's restaurant recovery plan is built on fast food, as independent restaurants struggle to survive

Experts say smaller, independent restaurants will have the hardest time surviving the coronavirus pandemic.
Retail 2020-04-18T10:08:30Z

US could run out of soda and beer as producers fall short of vital ingredient

Dwindling supplies of carbon dioxide from ethanol plants is sparking concern about shortages of beer, soda, and seltzer water in the US.
Retail 2020-04-18T02:28:54Z

Walmart is now requiring all US employees to wear face masks and will encourage customers to wear them while shopping

Walmart plans to provide employees with masks, but said workers also have the choice to supply their own face coverings.
Retail 2020-04-18T02:05:00Z

THE SOCIAL COMMERCE REPORT: Inside the fast-developing opportunity to reach billions of consumers' wallets using social platforms

Business Insider Intelligence estimates the current size of the social commerce market, forecasts future growth, and examines why it's been stagnant.
Retail 2020-04-18T00:00:59Z

YogaWorks is permanently closing all New York City studios as the coronavirus outbreak wreaks havoc on the US fitness industry

The shutterings come after permanent closures at Gold's Gym and on the heels of a Trump Administration proposal calling to reopen fitness centers.
Retail 2020-04-17T19:42:13Z

StockX newest fee hike reveals why sneakerheads are pivoting to other resale platforms like eBay and Instagram to buy and sell sneakers

Some high-level sneaker resellers have been known to stay away from StockX because of its hefty fees.
Retail 2020-04-17T19:37:33Z

Costco, Walmart, and Target are barred from selling items like clothing and toys in some parts of the US. Here's what's considered 'nonessential' and where.

Stores including Costco, Walmart, and Target are being required to stop selling "nonessential" items like books, clothing, and toys.
BI Prime BI Prime 2020-04-17T19:00:00Z

[SLIDE DECK] Six Figure Side Hustles 2020

Whether you're doing it to pay off student loans or pursue an unfulfilled passion, you may be able to turn your side hustle into a high-paying career.
Retail 2020-04-17T18:36:42Z

Plummeting sales of gum, energy drinks, and makeup reveal what people ditch when they stop going into the office

People are buying less gum, coffee, and beauty products as they pause most interaction with other people.
Retail 2020-04-17T17:57:49Z

Experts reveal the top 5 tips for disinfecting shoes following a CDC study that says the coronavirus can travel on footwear

Health and toxin experts weigh in on the best way to disinfect footwear, from the best shoes to wear to which substances to use.
Retail 2020-04-17T17:35:30Z

The Drive-Thru: Inside America's supply chain struggles, and everything else you need to know about coronavirus, restaurants, and retail

Read on for an explanation for why farmers are killing baby pigs and tossing berries in a ditch as food banks and grocery stores face shortages.
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