6 industries making a surprising comeback amid the coronavirus - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

6 industries defying the odds and making a massive comeback as the coronavirus wreaks havoc on the global economy

but for a handful of industries, the pandemic is serving as a surprising catalyst for a turnaround.

For companies in these sectors that were struggling in pre-pandemic times, the coronavirus is proving to be an unexpected shot to the arm. We took a closer look at six sectors experiencing impressive gains and trending toward a possible turnaround during the coronavirus outbreak. Meal kit companies like Blue Apron, HelloFresh, and Purple Carrot have experienced significant sales growth during the coronavirus pandemic as Americans seek out alternative ways to procure groceries.

"We don't know how long this is going to last, but we look at this as a moment in time and you don't necessarily build a strategy off of a moment in time," Blue Apron CEO Linda KozlowskiBicycle companies and shops , in the month of March sales of leisure bikes increased by 121%, while children's bikes rose by 59% and commuter and fitness bikes climbed 66%. Even electric bike sales rose by 85%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PHOTOS: Look inside a pre-Revolutionary war mansion in Charleston - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

4 fund managers share small-cap stock picks, strategies amid coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Robotics startup Zume is now selling masks amid the coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I don’t see the synergy between pizza, robots, and face masks. Zume should have focused on its robotic solutions and expand them into healthcare, manufacturing, and technology. This company needs to take a step back and determine where is it exactly headed. Marketing Business
Source: BusinessInsider - 🏆 729. / 51 Read more »

Coronavirus makes fighting locust swarms that ruin crops even harder - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🧐 Locusts are a perfectly good source of protein. If you got the locust infestation, you might as well eat them. Pull out the innards and FRY them up. What did they do in 1968 when population was much less and H3N2 (now Inlfluenza Type A) had more tragic numbers per capita than COVID-19?
Source: BusinessInsider - 🏆 729. / 51 Read more »