Walmart limits store traffic to 5 customers per 1K square feet

retaildive | April 06, 2020

Walmart limits store traffic to 5 customers per 1K square feet
Walmart has joined Target in limiting customer traffic in its stores. In a corporate post on Friday, the retail giant said that effective Saturday it would not allow more than five customers per 1,000 square feet in its stores at any time, which would represent about 20% of its store capacity. To do that, Walmart staff will set up a queue at the door. Once stores reach capacity, customers will be allowed in on a "1-out-1-in" basis. In many stores, Walmart will use floor markers to create one-way movement as part of its effort to encourage social distancing. Walmart, like Target, Costco, drugstores and other retailers of essential consumer goods, has seen sales surge as customers stock up amid the COVID-19 pandemic. Their stores play a vital role for customers but they are also potential vectors of the disease as they stay open while discretionary retail as a group shutters tens of thousands of stores.

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Kroger’s Foundation Aims To Raise $10M For Coronavirus Fund

Kroger | April 21, 2020

To help families particularly impacted by the novel coronavirus, The Kroger Co. Zero Hunger | Zero Waste Foundation said it has created the Emergency COVID-19 Response Fund. Kroger and the foundation seek to direct $10 million in national, state and local grants to pandemic response efforts via the fund, according to an announcement. Kroger and the Foundation have rolled out new charitable giving programs to speed up the fund’s critical response initiatives. Shoppers can help the fund through the Round Up to End Hunger effort at stores and fuel center kiosks. They can round up their transactions to the closest dollar amount or commit to a $1, $5 or $10 donation throughout almost 2,800 stores. Customers can also donate to the fund online in any amount they choose. Keith Dailey, Kroger‘s group vice president of corporate affairs, said in an announcement, “We recognize the need in our communities is urgent and increasing every day. Kroger’s Zero Hunger | Zero Waste social impact plan is our commitment to help create communities free of hunger and waste — and never has this mission been more important.”

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Walmart meets commitment to hire 150,000 associates, pledges to hire 50,000 more

indiaretailing | April 20, 2020

Walmart is committed to helping the fellow Americans seeking work, while serving customers during this unprecedented time. The brand recently committed to hiring more than 150,000 new associates by the end of May. Since then, it has had over 1 million applicants, hiring an average of 5,000 people per day. Walmart reached its goal in less than a month – more than six weeks ahead of schedule and announced a new commitment to hire an additional 50,000 associates.

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Bed Bath & Beyond sells off One Kings Lane

retaildive | April 16, 2020

During a call with analysts on Wednesday discussing fourth quarter results, Bed Bath & Beyond CEO Mark Tritton announced the home goods brand sold off its One Kings Lane banner to an unnamed third party. Bed Bath & Beyond, which acquired the home decor site in 2016, did not disclose how much it sold the banner for. Tritton on the call also said that a deal to sell off its PersonalizationMall.com unit to 1-800-Flowers for $252 million had not closed on March 30 as planned. The company earlier this month filed a lawsuit against 1-800-Flowers in regards to the deal.

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Non-Essential Retail Warms Up For The Post-Crisis Economy

pymnts | April 16, 2020

Wednesday’s Commerce Department retail sales figures showed in no uncertain terms that consumer spending for non-essential goods has taken a huge hit. While the overall drop was in the neighborhood of 8 percent, the plunge in non-essential goods like apparel (down 50.5 percent) and furniture (26.8 percent) represented a deep ditch for those businesses to climb out of. However, new data from PYMNTS shows that some non-essential items are moving online. Data from the PYMNTS COVID-19 Tracker shows that the non-essential plunge occurred between March 6 and 17. The research sweep of March 6 showed that only 29.5 percent had cut back shopping for non-essential goods. In just 10 days, as coronavirus numbers climbed and stores were ordered to shut down, that 29.5 percent spiked to 77.6 percent, to be followed by another 10-point increase in the March 27 survey.

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Our solutions are built for retailers, by retailers with our ecosystem and proactive development process. Oracle Retail has documented 808 detailed process work¬ows based on input and experience across the ecosystem, working with a broad range of retail customers across the globe into the RETAIL REFERENCE LIBRARY.

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