The pandemic is propelling a shift toward a cashless society in ways that no other single event has. Experts say that’s not necessarily a good thing.
Tag: Shopping and Retail
China Ends Wuhan Coronavirus Lockdown, but Normal Life is a Distant Dream
In the city where the coronavirus outbreak was first reported, the reopening of outbound travel won’t end hard times, wariness or confinement.
Death of Store Clerk in Italy Highlights Contagion’s New Front Line
The pandemic has turned people who fill often overlooked, low-paid jobs into unlikely heroes. They are also getting sick or dying.
Coronavirus Could End China’s Decades-Long Economic Growth Streak
The weakness raises the possibility that the Chinese economy may have shrunk in the first quarter of this year. It would be the first contraction since 1976.
‘Where Do I Find Your Hand Sanitizer?’ Sorry, We Have None.
As shoppers look for products to help protect against an outbreak, they are increasingly finding empty shelves.
Clicking Buy on Amazon? It’s Trying to Prevent a Coronavirus Caveat
The Everything Store, which stocks more than 100 million items, is working to avoid disruptions in its supply chain.
Walmart Says It’s Not Lowering Forecast Because of Coronavirus
The world’s largest retailer said it would continue to monitor the outbreak but was not adjusting its outlook for the year, a day after Apple warned of a slowdown.
Coronavirus Empties European Cities of Chinese Tourists
Hotels, stores and destinations across the Continent have come to rely on visitors from China. Quarantine measures have changed all that.
Shuttered Stores, Fewer Tourists: Luxury Feels Coronavirus Effects
Luxury retail is dependent on Chinese buyers at home and abroad, and it is now facing a crisis.
Beijing in the Time of Coronavirus: No Traffic, Empty Parks and Fear
The Chinese capital, like other cities far from the epidemic’s center, has imposed restrictions and shut down public spaces, straining the ties that bind society.