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Strategies for Retailers to Weather the Storm this Hurricane Season

Retail TouchPoints

Hurricane Season 2022 is underway, and with it comes the looming threat of outages and downtime for retailers. As we head into the peak of the season, retailers should review their disaster avoidance strategies as they seek to protect critical equipment and prevent downtime.

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Amazon Generates 11% Revenue Boost in Q2, Forecasts Strong Q3

Retail TouchPoints

In addition, overall operating income swelled to $7.7 billion in Q2 2022, while operating cash flow grew a staggering 74% , from $35.6 Prime members the next or same day — nearly 4X the number of units delivered at those speeds in 2019. billion , compared to $3.3 billion to $61.8 billion units to U.S.

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Hit Hard by the Pandemic, Most Minority Business Owners Optimistic About the Future

Retail TouchPoints

In May 2020, McKinsey issued a report stating while the COVID-19 pandemic was shaking up small businesses across the board, it was disproportionately affecting minority-owned small businesses. Think food services, retail and personal and laundry services, for instance. Reasons cited were that the country’s 1.1

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Connecticut Small Business Statistics You Need to Know for 2023

VTNS Solutions

Are you curious about the state of small business in Connecticut. I have curated, vetted and listed an up to date stat on small businesses operating in connecticut. These statistics include every relevant piece of information on small businesses in 2023. in April 2019. Check it out!

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Remaining Agile in a New Age of Retail: Three Things that Enterprise Brands can Learn from Smaller Players 

Retail TouchPoints

From leisure and sportswear to gifts and jewelry, the chances are you’ve bought a product from a small business over the last couple of years — whether it be a digitally native startup, a one-person band working from their kitchen table or a small independent store selling online around the world.

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10 Must-Read Retail Blogs of 2021 From KORONA POS For Retail and Small Business Owners

Korona

The retail industry is booming like never before despite the turmoil caused by the COVID-19 pandemic. In fact, the National Retail Federation estimated that retail sales exceeded $4.44 In 2022, global retail sales are expected to reach $26.69 According to Score , small retail businesses, which account for 98.6%

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Wayfair Boosts Minimum Wage to $15 for All U.S. Employees

Retail TouchPoints

Along with many other retailers, Wayfair boosted pay and benefits during the initial months of the COVID-19 pandemic. However, across-the-board pay increases for hourly workers remain relatively rare in retail. In addition to increasing wages, Wayfair created programs designed to help the communities it operates in.