Friday, June 12, 2020

New retail habits from coronavirus ‘ingrained’ in shoppers, Tractor Supply CEO says

Consumers will likely stick to shopping habits picked up during the coronavirus pandemic well into the future, according to Hal Lawton, CEO of Tractor Supply Company. The farm supplies chain has been one of the top-performing retail stocks on the S&P 500 during the outbreak.

Citing trends seen in countries hit by the virus earlier than the United States, Lawton said Thursday that customers will still gravitate toward shopping methods such as ordering products online and curbside pickup 12 to 18 months from now. . . . more