Business Related

Business News – 07-06-2021

Lowe’s and Home Depot focus on home improvement pros as consumer demand slows

  • In the coming quarters for Lowe’s and Home Depot, their biggest business opportunity will come from the sales to home improvement professionals
  • During the pandemic, customers had utilized DIY projects but are now starting to hire contractors again to do home improvements
  • The retailers have begun talking with woo commerce professionals about services like perks with bulk discounts and tool rentals

Subway’s mobile app and menu have seen new improvements to bring back customers

  • In an effort to bring back lapsed customers, Subway is improving their ingredients and mobile app
  • Beginning on July 13, Subway’s restaurants in the US will offer almost 12 new or improved ingredients
  • Through the upgrade of their mobile app and ingredients, the company plans to better compete with other chains in the country

Covid-19 funeral reimbursement is now easier to qualify for by Biden Administration

  • For deaths related to Covid-19, the Federal Emergency Management Agency has loosed rules for their funeral reimbursement program for costs up to $9,000
  • In the beginning of the pandemic, coronavirus may not have been listed on cause of death as there was limited availability in testing
  • The Agency’s change offers funds to families in some cases without having an amendment tot the death certificate

Closed fitting rooms for retailers have angered shoppers and boost returns

  • During the pandemic, returns of clothing have spiked as many fitting rooms in clothing retailers remain closed
  • Coresight research have conducted a survey that have found that 42.4% of US consumers have returned unwanted products starting March 2020 and ending in March 2021
  • These clothing retailers have got a wake-up calf from this problem and are booking for new solutions to combat the fitting room dilemma

K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.

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