KHD Buzz – Retail Sales Remain Steady, Mask Mandates are Lifting Across the Country and More

KHD Buzz – Retail Sales Remain Steady, Mask Mandates are Lifting Across the Country and More

May 24, 2021 Off By Koehler Home Decor

April Retail Sales Remained Steady and Ahead of Some Predictions

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Following a 10.7% increase in March, retail sales remained stable in April. Because 83 percent of federal stimulus checks were distributed in the second half of March, economists expected lower sales growth in April. Read More

Big Retailers Lifting Their Mask Mandates

Many big name national retail chains have begun lifting their mask mandates, including Walmart, Target, Costco and more. The lifting is meant to apply only to the fully vaccinated, but experts agree the differentiation between the vaccinated and non-vaccinated is impossible to make effectively. Read More

PayPal Acquires Happy Returns to Boost Online Retail Sales Presence

PayPal has agreed to purchase Happy Returns, a Santa Monica-based start-up that allows customers to return online purchases in person. Executives say it’s a way to reopen the economy by driving foot traffic to stores, adding value to businesses that already use PayPal, and attracting new customers. Read More

Online Retail Still Thriving As Pandemic Restrictions Ease

According to a new report from IMRG Capgemini, online sales, which reached record levels at the height of the COVID-19 pandemic, are holding steady, even as real world shopping restrictions are lifted. Read More

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