Wednesday, May 6, 2020

Five Actions to Protect Your Business and Position It For Success Post-Pandemic

Chain Store Age
Malls and stores are slowly starting to reopen as governments remove COVID-19 shelter-in-place measures. We’re already witnessing a cautious reopening take shape in a number of states and Canadian provinces.

However, the environment in which stores are reopening will be far from business as usual. While we expect customers to start shopping again, it is going to be a very slow and gradual re-building of consumer demand. With governments permitting only “essential” retailers to remain open the past few months, we’ve witnessed the inevitable shift of market share from “non-essential” retailers to “essential” ones, and to online-only retailers such as Amazon. . . . more