Big “ICYMI” energy in the newsletter today. Look, we get it. There was some other big news this week. But Insider’s retail team always has you covered when it comes to the biggest retail business stories.
This week’s edition covers retailers, like CVS, Kroger, and Walgreens, rolling out vaccines. And we take a look at a startup that’s turning vacant retail stores into micro-warehouses for e-commerce orders.
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It’s no secret that the vaccine rollout has been less-than-smooth. Could retailers help get things back on track? Well, they certainly hope so. It’s not the craziest idea. As Alvin Tran, a social epidemiologist at the University of New Haven told our reporters, these brands lend name recognition, trust, and their own technology to the process.
Drug stores also aren’t the only retailers who want a piece of the vaccine story:
Here’s a trend for you all: Retail stores close as consumers flock to e-commerce during the pandemic. Logistics startups then use vacant retail space as micro-warehouses to fulfill e-commerce orders. Our Correspondent Madeline Stone wrote about Fabric, a big player in this particular retail life cycle story.
Fascinated by the micro-warehousing trend? You’ve come to the right newsletter.