Coronavirus continues to accelerate dramatic changes across the retail industry, and it’s hard to imagine what the sector will be like for businesses and shoppers in a post-pandemic world. According to a new report from market research company Euromonitor, U.S. retail sales could be down by an estimated 6.5% this year. For comparison, retail sales were down just 2.2% in 2009, the year the Great Recession ended…. Read more »
Forbes retail columnist: “Retail is not collapsing – retail is growing” Q&A with expert contributor explores the future of commerce, what it’s like to be on the receiving end of PR pitches We recently caught up with Forbes contributor Richard Kestenbaum, who covers retail, fashion, consumer behavior and consumer products. Kestenbaum doubles as a co-founder and partner at Triangle Capital, where he’s been doing mergers and… Read more »
“No news is good news.” You’d be hard-pressed to hear this uttered in any PR agency setting. It’s a perennial responsibility of agencies to portray clients as dynamic forces in their industries. If our client produces nothing but guitar picks, we’ll go hoarse cheering that this year they sold the MOST guitar picks, or that they’re the first company to produce picks from 100% post-consumer recycled… Read more »
As you may have caught on the news on your drive in yesterday morning or throughout the day on Wednesday, it’s a big week for drugstore chain (and Matter client) CVS. Earlier this year CVS Caremark made a commitment to stop selling cigarettes and other tobacco products at all CVS/pharmacy stores by October 1, 2014 – becoming the first national pharmacy to do so. Yesterday morning CVS officially… Read more »
