One positive trend we’re seeing in the Boardroom Alpha COVID-19 Impact Tracker are retailers are trying to focus on is increasing demand and resource allocation towards e-commerce. Bed Bath & Beyond [BBBY] announced that it is prioritizing $250mm to focus on digital growth in lieu of other capital projects, and Shoe Carnival, Inc. [SCVL] reported “triple digit” growth in its e-commerce platform.
Insider Trading Weekly – Slowdown in Selling, Minimal Buying
Weekly insider trading (selling and buying) at US public companies. A reduction in selling compliments minimal buying.