Retail News: Top Stories
March 27, 2020

Top stories in retail news and the business headlines that interest us today.

Retailers Shift Production

Retailers Shift Production

“While more than 50,000 stores are closed, by CNBC’s count, many retailers and consumer-facing companies are using their knowledge and supplier base to do what they can to fill the void in equipment.

In some cases, retailers are shifting production lines from making apparel to manufacturing face masks and gowns. In other cases, retailers are routing their own supply of masks to the frontline health-care workers. Some are doing both.”

“Essential” Businesses Desperate For Workers

“As retailers around the nation shut their doors in an effort to curb the spread of the coronavirus, “essential” businesses like grocery stores and pharmacies are seeking support to accommodate overwhelming demand.”

Coronavirus Price Gouging

Coronavirus Price Gouging

“In a letter sent on Wednesday to Amazon.com Inc, Walmart Inc, Facebook Inc and eBay Inc a bipartisan group of U.S. attorneys general outlined specific steps it wants the online platforms to take to end this practice.”

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