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February 23, 2021
The department store chain said that sales fell to $17.3 billion in the year that ended on Jan. 30, and that it posted a net loss of $3.9 billion.
February 18, 2021
U.S. Seizes One Million More Counterfeit N95 Masks Criminal charges are expected in the investigation, which brought the total number of seized masks to more than 11 million, the authorities said. Homeland Security Secretary Alejandro Mayorkas said at a news conference on Wednesday that the seizure of counterfeit N95 masks “ensures the health and safety of our frontline health care workers.” Credit...U.S. Immigration and Customs Enforcement Feb. 17, 2021 One million counterfeit N95 masks w...
February 17, 2021
Dis-Chem gains market share in tough macro-environment Pharmaceutical giant Dis-Chem announced a healthy trading update for the first five-weeks of its 2021 financial year, with revenue growth up a staggering 12.1% compared to the prior corresponding period. Dis-Chem was one of the few opportunistic retailers during the pandemic, acquiring Baby City for R430m. Although the group produced solid top-line growth, many of the consumer behaviour trends continue to mount pressure on the company’s m...
February 17, 2021
Stimulus money sent at the end of 2020 appeared to translate into spending, rather than saving, reversing three consecutive months of declines.
February 16, 2021
Nigeria Gift Card and Incentive Card Market Report 2021 with COVID-19 Implications February 16, 2021 05:28 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.coms offering. Gift card market in 2020 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital...
February 15, 2021
Germany Gift Card and Incentive Card Market 2021- Spend Analysis by e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions and Demographics February 15, 2021 07:58 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.coms offering. The gift card industry in Germany is expected to grow by 10.9% on annual basis to reach US$ 10493.8 million in 2021. Despite near-term challenges i...
February 15, 2021
Bank uses Twitter to predict consumer mood on prices Economists are finding social media to be a surprisingly accurate tool in policy development 15 February 2021 - 13:36 Stefano Bernabei Picture: 123RF/SOLARSEVEN Rome — The Bank of Italy said on Monday a set of experimental indicators it created from the content of millions of tweets accurately tracked consumer mood on price, offering scope for a powerful new monetary policy tool. The effort comes as economists and pol...
February 10, 2021
Anyone working within programmatic advertising is likely to hear the phrase ‘curated marketplace’ a lot in 2021 – but what does ‘curation’ really mean in this context and why should it be a key priority for media buyers over the next 12 months?
February 10, 2021
This post is sponsored by Tribal Worldwide Singapore. While technology has always been a great enabler for businesses, the pandemic has positively fuelled digital adoption across organisations. The global crisis forced more consumers online, and marketers had to get creative fast in order to remain competitive. Speed and accuracy were paramount to success. In 2020, it was all about how quickly you could launch a marketing initiative and influence the right people at the right time. Hyper-per...