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Shoppers walk past a "Sale" sign outside a store at the Easton Town Center Mall in Columbus, Ohio, on Jan. 7.

Retail Spending Dips For 3rd Straight Month As Infections Surge

By: Alina Selyukh
Source: National Public Radio
Date of Publication: January 15th, 2021
Restaurants and bars are reeling from persistent spikes of coronavirus cases and related restrictions in their communities, driving retail spending in December down for the third month in a row.
Illustration of a girl on a stationary bike

The Pandemic’s Home-Workout Revolution May be Here to Stay

By: Hamza Shaban
Source: Washington Post
Date of Publication: January 7th, 2021
In 2020, fitness moved from gyms to living rooms. It’s not going back.
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Masked customers browsed Bronner's Christmas Wonderland store in Frankenmuth, Mich., in early December.

Holiday Shoppers Steered Clear of Stores, Favoring Online Buying

By: Sarah Nassauer
Source: Wall Street Journal
Date of Publication: December 26th, 2020
During a remade shopping season, many Americans ditched stores for digital outlets. And pandemic buying trends that favored household goods and food over apparel continued, according to early sales data from firms that track shopper spending.
U.S. retail sales slow amid pandemic, lack of fiscal stimulus

U.S. retail sales slow amid pandemic, lack of fiscal stimulus

By: Lucia Mutikani
Source: Reuters
Date of Publication: November 17th, 2020
U.S. retail sales increased less than expected in October and could slow further, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support.
Sony PS5 sold out online as pandemic chills real-world retailing

Sony PS5 sold out online as pandemic chills real-world retailing

By: Sam Nussey
Source: Reuters
Date of Publication: November 11th, 2020
Sony Corp’s PlayStation 5 (PS5) console launched in core markets on Thursday to intense interest online, but with first day real-world sales limited to pre-order pick-ups.
Hershey reinstates full-year outlook after Halloween playbook pays off

Hershey reinstates full-year outlook after Halloween playbook pays off

By: Siddharth Cavale
Source: Reuters
Date of Publication: November 6th, 2020
Hershey Co HSY.N beat profit and sales estimates and reinstated its full-year financial forecasts on Friday, after early promotions and strong use of data to predict Halloween trends paid off in the third quarter, sending its shares up 3%.
Nike to cut 700 jobs at its Oregon headquarters by 2021 _ Fox Business

Nike to cut 700 jobs at its Oregon headquarters by 2021

By: Lucas Manfredi
Source: Fox Business
Date of Publication: November 2nd, 2020
Kristen Lupo, Nike's vice president of Total Rewards, said in the statement that bumping rights will not be available for affected employees and that those not represented by a labor organization will be notified directly.
Here's how stores are changing Black Friday for the pandemic

Here's how stores are changing Black Friday for the pandemic

By: Jordan Valinsky
Source: CNN Business
Date of Publication: October 31st, 2020
Black Friday is officially Black November. Also parts of October. And December, too.
Under Armour expects demand for sneakers, face masks to drive annual revenue

Under Armour expects demand for sneakers, face masks to drive annual revenue

Source: Reuters
Date of Publication: October 30th, 2020
Under Armour Inc UA.NUAA.N forecast its annual revenue above Wall Street expectations on Friday, as a pandemic-driven trend to exercise outdoors resulted in a surge in demand for running shoes and face masks.
Sony Playstation 5

Sony Gets Lift From Stay-at-Home Demand Ahead of PlayStation 5 Launch

By: Peter Landers
Source: The Wall Street Journal
Date of Publication: October 28th, 2020
Company joins Japanese tech companies’ V-shaped recovery.