coronavirus

Prime Day, Amazon's annual bargain festival, may start this year on 13 October. For a moment it was feared that the two-day festival, with high discounts and exclusive deals, would not take place at all due to the corona crisis, but now there seems to be a date.

The online shift caused by the corona crisis is being exaggerated, according to a report by GlobalData. Consumers still buy the most in the physical store, even during the lockdown. E-commerce needs the brick and mortar store very badly.

Apple is pioneering a mini store in California, where customers can pick up their online orders or visit a 'Genius' by appointment. The store concept is primarily a solution for corona times.

JYSK achieved a record turnover of 4.1 billion euros in the past financial year 2019/2020. This represents a 7.6% growth, thanks to the corona crisis: people invested in their homes for their staycation.

Luxury group LVMH has decided to cancel its acquisition of American jeweller Tiffany's, saying it follows a request by the French government. A tough legal battle is expected to follow.

Ikea is ready for a "green recovery" after the Covid-19 crisis. The CEO of Ikea Belgium has written an open letter, calling for cooperation and "sustainability as a fully-fledged business model". He demands that recovery plans take into account the climate crisis as well.

Prices for vegetables, fruit and meat have risen sharply in the past month. There is not just one cause but a combination of factors - however, the corona crisis is the common thread.