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Retail Looks Forward as the US Emerges from the Pandemic
As the United States emerges from pandemic rules in the coming months, there will be changes, large and small, for retailers to consider, as they map their way forward. Companies will be setting new policies regarding returning to offices, more schools will reopen for in-person learning, and consumers will again start to travel, all of which have enormous implications for the retail industry, according to The NPD Group.
In a recent presentation to the Retail Industry Leaders Association (RILA), NPD Chief Retail Strategist Don Unser outlined the retail industry headwinds and tailwinds expected in the coming year. Following are three of the most critical trends affecting retailers in the coming months...
Nathan’s Famous Continues International Expansion in North America and Beyond
Nathan’s Famous, Inc., announces the expansion of their products to Mexico City, Brazil, Canada, Indonesia, Malaysia and Singapore. The brand will also introduce its new virtual kitchen concept, Wings of New York, in all locations, with the exception of Brazil. Nathan’s Famous and Wings of New York will be available in a multitude of ways, including brick and mortar locations, ghost kitchens or retail, depending on the market.
“This is an exciting time for Nathan’s Famous and Wings of New York,” said James Walker, SVP, Restaurants. “We are embarking on a new chapter in our company as we continue to grow the brand’s presence all across the globe...
COVID-19 Fuels a 50% Increase in Omnichannel Shopping Across the U.S.
The COVID-19 pandemic has democratized e-commerce for all types of consumers, and over 18 million CPG buyers (and counting) in the U.S. have flooded the online space since March. Online shoppers have been mirroring their purchasing within the channel to their constantly shifting, pandemic-related needs and are becoming further entrenched in their shopping behaviors.
But not all online engagement leads to an online purchase. For many, online channels are a key means to compare prices, research new products and find physical stores, giving way to...
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