BI Prime Tech 2020-03-12T22:30:39Z
FILE PHOTO: Jeff Bezos, founder of Blue Origin and CEO of Amazon, speaks about the future plans of Blue Origin during an address to attendees at Access Intelligence's SATELLITE 2017 conference in Washington, U.S., March 7, 2017. REUTERS/Joshua Roberts/File Photo

Amazon is recommending all employees around the world work from home, but a lot of them can't actually do so

Amazon is telling all employees globally who can work from home to do so as coronavirus concerns grow.
BI Prime Media 2020-03-12T22:20:09Z
Disneyland Park Anaheim, California

Disney risks losing $1.5 billion in revenue if it's forced to close all US theme parks for 30 days, analysts forecast

Disney is taking the rare step of closing Disneyland through the end of March due to the coronavirus pandemic.
Retail 2020-03-12T22:17:00Z
Home Depot

Walmart, McDonald's, Home Depot, and 16 other retailers share how the coronavirus outbreak could affect business

Business Insider reached out to a spate of global retailers, from Walmart to Walgreens, to understand how retail is handling the coronavirus.
Tech 2020-03-12T21:42:06Z

Here are the companies laying off employees as they deal with the economic fallout from the coronavirus pandemic

Norwegian, the low-cost airline, said it would cut up to 50% of its workforce due to the decline in demand and the US restrictions on European travel.
BI Prime Retail 2020-03-12T20:46:00Z

The coronavirus outbreak is pummeling the $2 billion sneaker resale market, from supply chain issues to declines in sales

From fewer fakes to a drop in sales in China, here are the top five ways the coronavirus is impacting the sneaker resale market.
Executive Lifestyle 2020-03-12T20:05:00Z

Giorgio Armani donated $1.4 million towards fighting coronavirus — and he's one of many in luxury fashion rallying to help combat the global pandemic

LVMH has donated to foundations that provide medical supplies, while Dolce & Gabbana is funding researchers looking for a coronavirus treatment.
Executive Lifestyle 2020-03-12T19:09:00Z

Italy's nationwide coronavirus lockdown is set to rock the luxury retail industry, with brands bracing for what could be a billion-dollar setback

Many of the fashion editors who attended Milan Fashion Week have already had to self-quarantine amid the coronavirus outbreak.
BI Prime Science 2020-03-12T18:42:00Z

A buzzy cannabis startup that partners with local farmers in the Emerald Triangle is seeking to raise fresh cash from investors

Flow Kana has raised $175 million to position itself as a centralized processing facility for cannabis growers in Northern California.
Retail 2020-03-12T18:34:39Z

Walmart, Amazon, and Target are close to selling out of toilet paper online as panic-buyers decimate supplies

For many out-of-stock toilet papers Amazon's website stated Thursday, "We don't know when or if this item will be back in stock."
Retail 2020-03-12T18:04:00Z

The Future of Retail: Online Checkout

In The Future of Retail slide deck, Business Insider Intelligence outlines SRC-enabled checkout and explores how it could either take off or burn out.
Personal Finance 2020-03-12T16:56:00Z

Capital One Savor card review: a strong option for cash back on dining and entertainment

An industry-high 4% cash back on dining and entertainment makes the Capital One Savor one of the highest-earning cards for food purchases.
Retail 2020-03-12T16:31:53Z

Coronavirus fears have turned malls everywhere from Italy to Washington into ghost towns

We compiled a collection of eerie images at malls everywhere from Minnesota to Italy, which have transformed into ghost towns devoid of shoppers.
Retail 2020-03-12T15:51:06Z

Target is offering up to 14 days of paid time off for workers in quarantine and those confirmed with coronavirus

Target is also waiving absences to support employees who feel too sick to come into work or who need to take care of their family.
BI Prime Retail 2020-03-12T15:37:30Z

Godiva's CEO explains how the company's 75% female workplace achieved diversity without 'trying to hit a quota'

"I'm not trying to hit a quota," Godiva's CEO said. "It is purely trying to make sure that you have the open slate."
Retail 2020-03-12T15:22:00Z

From Walmart to Starbucks, these 11 retail companies are changing their benefits policies amid the coronavirus pandemic

Amid the coronavirus pandemic, retail companies including Walmart and Starbucks are providing hourly workers with unprecedented sick leave benefits.
BI Prime Strategy 2020-03-12T14:51:00Z

4 entrepreneurs with products stuck overseas reveal exactly how they're keeping sales thriving and revenue flowing as the coronavirus breaks global supply chains

E-commerce brands are malleable: They can reach customers directly to communicate delays and change their business model with a few website updates.
Executive Lifestyle 2020-03-12T14:27:00Z

Meet the Ohio family that invented Purell, the world's best-selling hand sanitizer flying off shelves amid the coronavirus pandemic

Gojo Industries, the family-run company that makes Purell, says the current demand "is on the higher end of the spectrum but not unprecedented."
Retail 2020-03-12T13:53:00Z

More than 2,600 stores are closing in 2020 as the retail apocalypse drags on. Here's the full list.

Modell's and Art Van Furniture filed for Chapter 11 bankruptcy in March, and the two companies plan to close more stores along with Walmart.
BI Prime Advertising 2020-03-12T13:45:00Z
Retail 2020-03-12T13:35:00Z

The secret history of McDonald's Filet-O-Fish, which was almost killed from the menu before becoming one of the chain's staple sandwiches

McDonald's Filet-O-Fish sandwich, which was introduced nationwide in 1965, has a fascinating history.
Advertising 2020-03-12T12:45:00Z

Inside Amazon: Everything we know about the e-commerce giant's growing advertising business

Amazon is steadily building an advertising business that rivals Facebook and Google. Here's what we know about its big ambitions.
BI Prime Advertising 2020-03-12T12:00:00Z

Advertising is Amazon's fastest-growing business and is expected to surpass $17 billion this year. Here are the 19 top insiders leading the charge.

These people are working to expand in new areas like over-the-top advertising as well as grow Amazon's established performance-based ads.
Retail 2020-03-12T06:00:00Z

THE IN-STORE CHECKOUT REVOLUTION: How payments companies can take advantage of a $21 billion opportunity

Business Insider Intelligence forecasts the expansion of autonomous checkout stores and their payments volume over the next five years.
Retail 2020-03-12T03:10:27Z

Modell's Sporting Goods files for bankruptcy, will close all stores

Modell's Sporting Goods filed for bankruptcy Wednesday and will begin closing all stores at the end of the week, Bloomberg reported Wednesday.
BI Prime Tech 2020-03-12T02:16:14Z

Shopify is giving its employees $1,000 to furnish their work-from-home setups with whatever gear they need because of the coronavirus

Shopify has directed all employees to work from home. And the company will let workers spend up to $1,000 to get the gear they need to do it.
BI Prime Tech 2020-03-11T22:43:30Z

Apple is telling retail workers not to encourage customers to try on the Apple Watch or AirPods in a precaution against spreading the coronavirus

While Apple hasn't eliminated try-ons, employees are being told not to offer them proactively and to only allow try-ons at the customer's request.
Retail 2020-03-11T21:55:00Z

These 7 retailers have filed for bankruptcy or liquidation in 2020

An upscale greeting card chain, a regional supermarket, and a venue space company are among those that filed for bankruptcy.
Retail 2020-03-11T21:23:28Z

Female founders of buzzy startups Glossier, Away, and The Wing rally behind Outdoor Voices' recently ousted CEO on Instagram as she speaks out against an 'unsettling trend'

Haney wrote that she "experienced both gender and generational differences firsthand" that led to misunderstandings she found difficult to manage.
Retail 2020-03-11T20:33:46Z

Amazon announces up to 2 weeks of paid sick leave for all workers and a 'relief fund' for delivery drivers amid coronavirus outbreak

Amazon workers must be diagnosed with COVID-19 or quarantined to access the paid sick leave, the company said.
BI Prime Strategy 2020-03-11T20:27:00Z

A millennial craft brewer pioneering a boom in nonalcoholic beer shares 7 marketing strategies he says drove production 10X in its first year

Athletic Brewing Co. produced over 10,000 barrels in 2019, and just landed a $17.5 million Series B and is expanding from Connecticut to California.
Executive Lifestyle 2020-03-11T20:04:00Z

The coronavirus pandemic has millennials and Gen Z tightening their wallets, and it's because they still feel crippled by the Great Recession

COVID-19 is sparking recession fears, but younger generations are still scarred from the last one — they've cut back spending more than any others.
Retail 2020-03-11T20:01:00Z

THE OMNICHANNEL FULFILLMENT REPORT: Why the death of brick-and-mortar has been greatly exaggerated

Business Insider Intelligence examines the current trajectory of BOPIS and BORIS and provides strategies retailers can use to implement them.
BI Prime Retail 2020-03-11T19:53:32Z

A sneaker reseller who made 6 figures in sales reveals how he predicts which shoes will explode on the market with just one glance

It turns out that a shoe's wearability is one of the most important features it can have to be successful on the resale market.
Retail 2020-03-11T19:36:00Z

Chains including Mod Pizza and Blaze Pizza are offering free food or discounts for Pi Day. Here's how to get them.

Pi Day is upon us, and so are big savings on pizza. Here's how to get a free or discounted pie from chains like Mod and Pieology this March 14.
Tech 2020-03-11T19:00:46Z

A week after Etsy said it was removing coronavirus-themed products, listings for 'Immunity Tea,' DIY hand sanitizer, and 'I survived coronavirus' bracelets remained

Despite efforts to remove coronavirus listings, a search revealed misleading products a week later, using alternate spellings to get around filters.
BI Prime Science 2020-03-11T18:21:00Z

Big Pharma just pulled the plug on its first attempt to copy the buzzy startups that ship Viagra and hair-loss pills to your door

Bausch Health has stopped prescribing medications through Dermatology.com just weeks after launching the service.
BI Prime Retail 2020-03-11T17:48:27Z

Leaked Target memo reveals how the retailer is trying to obliterate germs in its stores by wiping down everything from ATMs and handcuffs to Bullseye, the company's mascot

The memo dictates that handcuffs, holding cells, and the Target mascot should be cleaned continuously with a multi-surface and glass cleaner.
Retail 2020-03-11T17:19:44Z

Forget almond, soy, and even dairy milk: Oat milk should be the only milk you drink. Here's why.

It's time for us to retire the cow teat, the crushed almond, and other inferior milk sources. Here's why oat milk is the one milk to rule them all.
Retail 2020-03-11T17:13:13Z

'We have to be resilient': Tourism in Thailand plummets amidst the coronavirus outbreak

Tourist arrivals to Thailand plunged by more than 44% in February, as the coronavirus outbreak convinced people to stop traveling.
Tech 2020-03-11T17:07:56Z

The world's biggest video game retailer is struggling to stay afloat — and it just tapped the former president of Nintendo America for a critical role

GameStop is hoping Reggie Fils-Aimé, the man behind the Nintendo Wii and Nintendo Switch, can help it turn things around.
News 2020-03-11T16:59:00Z

What to buy if you're quarantined at home during the coronavirus pandemic

The World Health Organization has officially declared the coronavirus, which has spread to more than 100 countries, a global pandemic.
Retail 2020-03-11T16:04:00Z

The future of retail in the US: industry trends and market trends

With fierce online competition, brick and mortar businesses are innovating like never before. Check out the latest retail trends for consumer preferences, new shopping technologies and the impact on ecommerce with our Future of Retail report preview.
Retail 2020-03-11T15:36:18Z

Chick-fil-A is for the first time selling bottles of its sauces in Target, Publix, and Walmart

Chick-fil-A is selling the sauces in Florida stores and restaurants to start and will consider a nationwide rollout if the test is successful.
Retail 2020-03-11T15:26:16Z

I ate at KFC in Korea, Vietnam, and Thailand found that only one country's take on the chicken chain is really worth the trip

I sampled the menus from KFC's around the world and ate rice bowls, seaweed wraps, and the infamous Double Down. Only Korea kept me coming back.
Retail 2020-03-11T14:26:56Z

Walmart may cut hours at stores open overnight and limit sales of high-demand items amid the coronavirus outbreak

Walmart is looking for new ways to sanitize shopping carts and is considering cutting hours at stores open overnight to allow for extra cleaning.
Retail 2020-03-11T13:41:41Z

Costco is selling Birkenstocks for as little as one-third of the retail price in some stores, but the sandal-maker says you shouldn't buy them

Birkenstock said Costco isn't an authorized reseller of its shoes, even though the store has been selling them for dirt cheap.
Retail 2020-03-11T12:48:00Z

How the makers of Spam stopped worrying about being a global punchline and learned to embrace the joke

Spam has been a punchline for many for years. Hormel Foods, the makers of Spam, haven't always embraced that role.
Tech 2020-03-11T12:38:00Z

The designer behind the original Apple Store reveals the biggest lesson he learned from working with Steve Jobs

Tim Kobe, whose firm designed the original Apple Store, learned a lot from working with Steve Jobs for more than a decade.
Retail 2020-03-10T18:59:59Z

Risks of coronavirus infection from packages are 'extremely low,' even though the virus could live on surfaces for days, one expert says

Shipping conditions should make it difficult for the coronavirus to survive on a box, according to health experts.
Personal Finance 2020-03-10T18:29:00Z

Chase Offers are my new favorite credit card deals — I saved $64 on purchases with Whole Foods, Staples, and more last month alone

Just by adding offers to my account and paying with a Chase card, I saved at Airbnb, Whole Foods, and more.
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