Multichannel Merchant Week In Review The News, Commentary & Events that Shaped Commerce This Week

week of 03/19/2020
Grocers See Gains Now, Look for Pain When Coronavirus Demand Slackens
Grocers may be ringing up major sales from the crush of store and online panic buying due to the growing coronavirus threat, but it will be painful after the situation abates as demand falls and supplies are overstocked, a Barclays analyst said in a research note.…»
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UPS Names Former Home Depot CFO as New CEO
Carol Tomé, who has been CFO of Home Depot for 18 years and helped manage its strong growth, will be the new CEO of UPS. She succeeds David Abney, who will stay on as executive chairman until retiring from the board in September and acting as a transitional consultant through the end of 2020.…»
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Ecommerce Operations Summit Postponed Due to Coronavirus
With the rapid escalation of the coronavirus situation in recent weeks, and in consideration of the Centers for Disease Control and Prevention’s most current recommendations, Ecommerce Operations Summit 2020 is being postponed until later this year at a date to be determined. Stay tuned for more details. …»
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Amazon Temp Shift to Essential Items for Coronavirus Rocking FBA Sellers
Amazon’s decision to limit new inventory for Fulfillment By Amazon (FBA) to essential items through April 5 due to the coronavirus situation is severely impacting sellers heavily reliant on FBA, perhaps forcing some out of business, while others scramble to move product or find fulfillment partners.…»
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Retail, Mall Groups Ask Trump, Congress for Coronavirus Relief
The National Retail Federation and the International Council of Shopping Centers are asking the Trump administration and the federal government for relief for members who are being hard hit by the coronavirus crisis, much as are other industries such as airlines and hospitality, as mall, store and restaurant closures grow.…»
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