The year 2020 featured a global pandemic, an economic downward spiral, and an unforgettable presidential election. In the world of retail, 2020 was similarly grim, with a massive wave of store closures and industry bankruptcies defining much of the shopping landscape throughout the year.
But, believe it or not, 2020 also had its good moments.
Today, we`ll take a look at the biggest events in retail in 2020, as we celebrate the turn of the year with a special edition of Insider Retail. We`ll go through the ups and downs of 2020 — from store closures to the acceleration of e-commerce — and try to predict what`s to come in 2021....
Retail`s winners and losers in 2020
The winners: Big-box chains...
The losers: Many restaurants, apparel chains, and department stores...
How the pandemic may have permanently changed the restaurant industry
Americans shopped online more than ever before, leading direct-to-consumer brands to thrive
Virtual at-home fitness companies brought the gym experience to your living room
The wackiest new menu items to launch in 2020:
- Dunkin`s Spicy Ghost Pepper donut
- The $6 Travis Scott meal from McDonald`s
- TikTok superstar Charli D`Amelio`s "The Charli" drink option at Dunkin`
- Chipotle`s Tony Hawk Burrito
- Chick-fil-A`s Chocolate Fudge Brownie and Mocha Cream Cold Brew
- Burger King`s Impossible Croissan`wich
- KFC`s fried-chicken-and-donut sandwich
- Popeyes` beignets stuffed with Hershey`s chocolate
The wildest retail stories of 2020:...
RSK: Some very good stories in this article....a fun read.
Ken Notes: if the pandemic doesn`t get you the Popeyes` beignets stuffed with Hershey`s chocolate just might!
Share this article on you social outlets
Our Sponsors
- - Volume: 9 - WEEK: 2 Date: 1/5/2021 9:13:25 AM -