{"id":14421,"date":"2020-12-11T09:29:00","date_gmt":"2020-12-11T14:29:00","guid":{"rendered":"https:\/\/chainstoreguide.com\/offthechain\/?p=14421"},"modified":"2020-12-11T09:29:00","modified_gmt":"2020-12-11T14:29:00","slug":"coronavirus-industry-impact-2020-37","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2020\/12\/coronavirus-industry-impact-2020-37\/","title":{"rendered":"Coronavirus: Industry Impact 2020"},"content":{"rendered":"<p><a href=\"https:\/\/www.chainstoreguide.com\/offthechain\/coronavirus-business-impact-2020\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone size-medium\" style=\"width: 100%;\" src=\"..\/email\/coronawebbanner2020_datatrac.jpg\" \/><\/a><\/p>\n<h4><strong>Retail<\/strong><\/h4>\n<p><strong><span data-preserver-spaces=\"true\">\u2022<\/span>\u00a0Amazon.com Inc. <\/strong>has limited the amount of warehouse space available to 3<sup>rd<\/sup> party companies in an effort prevent shortages of Amazon products due to high digital shopping demand from COVID-19.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">\u2022<\/span>\u00a0Chewy.com <\/strong>saw a 45% growth in revenue last quarter and their sales have been driven up due to shopping changes stemming from COVID-19.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">\u2022<\/span>\u00a0Best Buy <\/strong>will be providing vehicles to employees that can deliver online orders personally to consumers. The additional delivery system will help them compete with competitors during a high volume digital shopping season due to Coronavirus.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">\u2022<\/span>\u00a0Designer Brands Inc.<\/strong> could close as many as 80 stores next year due to lease negotiation complications from the pandemic.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">\u2022<\/span>\u00a0Francesca&#8217;s Holdings Corp.<\/strong> has filed for Chapter 11 bankruptcy and plans to close 97 stores due to complication from COVID-19.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>Restaurant<\/strong><\/h4>\n<p><strong><span data-preserver-spaces=\"true\">\u2022<\/span>\u00a0Corner Bakery Caf\u00e9<\/strong> has launched a new curbside pick-up program to help overcome the COVID-19 pandemic.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">\u2022<\/span>\u00a0Five Guys Burgers and Fries<\/strong> now has in-store pick-up and curbside options at all of their locations. Curbside pick-up has seen substantial growth since this year.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">\u2022<\/span>\u00a0Grubhub<\/strong> has introduced new tools for restaurants on their platform that will reduce marketing fees. The change is likely a response to criticism over the high fees that restaurants had to pay in March.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">\u2022<\/span>\u00a0The Cheesecake Factory<\/strong> will pay a $125,000 settlement to the SEC after they failed to disclose the impact of COVID-19 on their business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retail \u2022\u00a0Amazon.com Inc. has limited the amount of warehouse space available to 3rd party companies in an effort prevent shortages of Amazon products due to high digital shopping demand from COVID-19. \u2022\u00a0Chewy.com saw a 45% growth in revenue last quarter and their sales have been driven up due to shopping changes stemming from COVID-19. \u2022\u00a0Best&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2020\/12\/coronavirus-industry-impact-2020-37\/\">Continue reading <span class=\"screen-reader-text\">Coronavirus: Industry Impact 2020<\/span><\/a><\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19],"tags":[11],"class_list":["post-14421","post","type-post","status-publish","format-standard","hentry","category-coronavirus","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/14421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=14421"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/14421\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=14421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=14421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=14421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}