In this Placer Bytes we dive into the data and recoveries for three major apparel retailers – Macy’s, JCPenney and Dillard’s.
Author: Jocelyn Bauer
In this Placer Bytes we take a bite out of McDonald’s, dive into the data surrounding Yum! Brands and check in on The Cheesecake Factory.
Gyms were one of the first sectors to close among the spread of the pandemic, and rightfully so. But, as the economy begins to reopen across the country and gyms are permitted to open again, how will they perform? With most people working from home and creating their own “at-home” gyms, will the sector be able to bounce back?
It’s no secret that the restaurant industry has been hit hard by COVID-19 and it will take a significant amount of time for many to bounce back to normal levels under ongoing restrictions. In fact, many thought that the combination of the pandemic and already struggling brands could signal serious problems for sit-down chains.
Breakfast was all the rage pre-COVID-19 with several brands looking to get more involved. But, how has the pandemic impacted these pushes?
One sector that could be very well positioned for a coronavirus comeback is the Off-Price retail space. Although the current situation puts these retailers in a compromising position, if pre-corona performance is any indication as to how these retailers will bounce back after the economy re-opens, these brands can quite possibly come out the other side with a positive outlook.
Earlier this year, Bed Bath & Beyond landed on our list as a brand to watch in 2020, and despite nationwide store closures and an unknown 2020 outlook, the retailer recently posted better than expected Q4 results.
The United States has become a new epicenter of the coronavirus pandemic, and New York is considered one of the biggest hot spots, as confirmed cases continue to grow. It’s obvious that the spread of the virus is impacting the entire country and overall economy, but it’s even more apparent that businesses are taking a much more significant hit in areas where the virus has hit the hardest. So, we dove into New York to see just how severe the damage has been thus far.
Pharmacies have been deemed “essential” by the government and have been allowed to remain open during the pandemic. But, many pharmacies are more than just an alternative place to stockpile goods, with a focus on necessary items like medications. They’re expecting to serve as additional testing stations for COVID-19.
As countries around the world continue to enforce travel restrictions and as cities in the US continue to shut down, there are certain industries that will be more greatly affected than others. So, we dove into the apparel industry, hotels and airports to see how these sectors have been affected so far from the virus.