Stadiums Experiment with Lowering Food and Beverage Prices
The Tampa Bay Lightning announced they would be lowering prices on food and drink options in Amelie Arena for the 2020 season. Prices would be reduced by an average of…
CNN: “Why Walmart is seeing increased sales for tops, but not bottoms during the coronavirus crisis”
As more people engage in “teleworking” from home due to being on lockdown due to COVID-19, sales of tops have increased – since that’s all that shows on the webcam.…
The New York Times: “America Stress-Bought All the Baby Chickens”
Sales of baby chicks often rise before Easter, but this year’s increase has been extraordinary due to a variety of factors influenced by COVID-19: people are staying home with time…
Drive-In Movie Theater Popularity Surges Amid COVID-19 Pandemic
Don’t call it a comeback! Amid the COVID-19 pandemic, certain markets will see expansions and others will see contractions. We already see contraction and a reduction in economic activity in…
Demand for Hand Sanitizer Skyrockets by More than 1,000 Percent
Last week (see From the News to The Classroom blog site) we looked at how fears over coronavirus have caused major events to cancel and governments to restrict travel. Since…
Retail Apocalypse
Nearly 10,000 retail stores announced closures in 20191. Payless ShoeSource alone accounted for 2,500 closures as part of the company’s complete liquidation. Other large retailers, like J. C. Penney, are…