In today’s top retail news, JD Sports has bought California-based Shoe Palace, while pharmacies inside of Meijer stores are preparing for a in-depth vaccine administration effort. Plus, PYMNTS data shows that the digital shift has permanent retail elements that will define 2021.
JD Sports Purchases California-Based Shoe Palace
JD Sports Fashion Plc’s current wholly-owned intermediate holding firm in the U.S., Genesis Holdings Inc., has purchased all of the issued shares in Shoe Palace Corp. and the members’ interests in Nice Kicks LLC. California-based Shoe Palace was started by the Mersho family in 1993 and has 167 retail locations as of now. “We could not imagine a better way to continue to build on the legacy of our family business,” Shoe Palace CEO George Mersho said in an announcement.
Meijer Pharmacies Gear Up For COVID-19 Vaccine
Pharmacies inside of Meijer stores are getting ready for a comprehensive vaccine administration effort as pharmaceutical companies gear up for the distribution of approved COVID-19 vaccines. Meijer, which is a Midwestern supermarket company, is putting its focus on different initiatives to smoothly provide coronavirus vaccines to a significant number of people.
Vaccine Optimism Reigns, But Retailers Must Respect Consumers’ Digital Transformation
Vaccines are here. They’re being distributed. At once, optimism and the coronavirus can live in the same sentence. However, any merchant that believes consumers are ready to hurry back into brick-and-mortar locations needs to check the data. PYMNTS data indicates the digital shift has permanent retail elements that will define next year.
Covid-19 Vaccine Could Complicate Holiday Shipping Delays
Shipping delays have just become more probable – as the rush to distribute the vaccine will almost certainly slow the rest of the ecosystem during its busiest time. Shipageddon 2020 may be here – a perfect confluence of factors coming to the surface at once to make an extremely complex situation.
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