For Walmart, Sam's Club and Target, it's beginning to look a lot like Christmas.
The trio of retailers are seeing signs of a turn-around in their brick-and-mortar stores, despite the general misfortunes currently plaguing the industry thanks to the Coronavirus and the white-hot popularity of online shopping, which began pre-pandemic but soared as consumers were stranded at home, according to a new report from Placer.ai.
Also of benefit to the stores is a change in the habits of retail customers, who largely have shifted to mission driven shopping, "incentivizing visitors to spend even more time at these locations – a trend boosting visits and basket sizes," the report stated.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
