WSM - Trending Now: Home Time Means Online Sales Rocket
By Jharonne Martis
One of the consequences of the coronavirus pandemic has been a shift to consumers "nesting" at home. Consumers were asked to stay at home and became teachers, fixed their homes, ordered takeout, took online workouts, cooking and DIY lessons. This has substantially accelerated the pace and shift to online shopping, which became evident when retailers reported strong digital sales in Q1 2020.
Looking forward to anticipated Q2 performance, we used StarMine's SmartEstimate to determine which companies in the Refinitiv Retail and Restaurant Index are better poised to continue beating earnings estimates. The