KHD Buzz – Facebook Shops Debuts, Pier 1 Calls it Quits, Jet.com Crashes Out of Retail and More

KHD Buzz – Facebook Shops Debuts, Pier 1 Calls it Quits, Jet.com Crashes Out of Retail and More

May 25, 2020 Off By Koehler Home Decor

Facebook Shops Debuts for Small Businesses

Facebook’s introduction of Shops builds on their past efforts to boost mobile commerce, at a time when the COVID-19 pandemic has added urgency to helping small businesses whose brick-and-mortar stores were ordered to temporarily close, and aims to create a legitimate alternative retail outlet for both online and brick and mortar stores. Read More

Pier 1 Will Not Reopen Stores, Will Wind Down Business

Although the company has been struggling for some time the COVID-19 situation seems to have been Pier 1’s end, as the company announced that they will not be reopening stores and the wind down process of the business as a whole has begun. Read More

Jet.com Will Soon Be No More

Jet.com was launched as an Amazon alternative, later purchased by Walmart and then turned into an ‘urban shopping destination online.’ Now however, its short life is drawing to a close as Walmart announced last week it will be going offline for good. Read More

Outdoor Furniture Sales Skyrocket as People Prepare for Summer Staycations

Summer vacations are unlikely to be on the cards for most Americans, so they are already making plans to use their annual vacation time on a ‘staycation’ at home, and this, retail experts report, is leading to a big boom in the sales of outdoor furniture. Read More

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