As the coronavirus pandemic forces more people to work and attend school at home, electronics repairers and resellers that have stayed open as essential businesses say they've seen demand jump dramatically. Some businesses are prioritizing repairs for health care personnel and first responders and donating refurbished laptops to schools for students who don't have them at home.
Sneaker resale platform StockX has benefited from the rise in online shopping sparked by the coronavirus pandemic, and CEO Scott Cutler says the company is making sure its authentication center employees are safe while paying them extra. StockX also plans to redirect business between centers if one of them becomes unusable due to the virus.
Numerous logistics companies are rolling out services to mitigate issues caused by the coronavirus pandemic, such as startup Flowspace, which is providing free storage and inbound transportation for nonprofits assisting with relief efforts, and Tenstreet, which is offering free driver onboarding services. Likewise, Onfleet is providing a free job board for drivers, and Uptake is giving free predictive maintenance software to fleet operators.
J. Polep Distribution Services, Harold Levinson Associates and Allen Brothers Wholesale Distributors are combining to become National Convenience Distributors. The combined company is owned by a private equity fund.
Distribution revenues fell 23.5% last week compared to the same period in 2019, according to Indian River Consulting Group. The rate of decline is expected to continue due to reduced customer demand and rising unemployment claims.
Distributors can win over customers by highlighting their dependability even during crisis, writes Proton.ai founder Benj Cohen. Companies can also use this time to digitally transform and integrate artificial intelligence into their sales strategies.
Nordstrom, IKEA and Walgreens are all pursuing circularity in their retail operations, but in different ways. Walgreens plans to introduce return kiosks for Loop reusable containers this fall, while IKEA has tested furniture take-back programs with local Goodwill stores and Nordstrom is educating customers about the meanings of sustainability terminology and beginning a resale shop with Trove.
Eight states -- Connecticut, Iowa, Maine, Massachusetts, Michigan, New York, Oregon and Vermont -- have temporarily suspended enforcement of bottle and can redemption requirements due to the coronavirus pandemic. California and Hawaii are experiencing some changes to the redemption process but have not suspended enforcement.
The number of trucks moving goods from the US to Canada dropped almost 24% between March 23 and 29 compared to the same time last year, according to the Canada Border Services Agency. No restrictions have been placed on trucking, which may mean the decline is related to the coronavirus pandemic.
The pandemic-induced recession means leaders need to think about how they can control costs without losing the clients and employees they'll need to emerge from this crisis, writes James daSilva. "They need to hear from leaders -- especially CEOs and division heads -- what is happening, what they can do and what they shouldn't worry about," he writes.
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